Belgium - Remelting Scrap Ingots Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Metal Remelting Scrap Ingots in Belgium - 2023
Contents:
- Price for Metal Remelting Scrap Ingots in Belgium (FOB) - 2022
- Price for Metal Remelting Scrap Ingots in Belgium (CIF) - 2022
- Exports of Metal Remelting Scrap Ingots in Belgium
- Imports of Metal Remelting Scrap Ingots in Belgium
Price for Metal Remelting Scrap Ingots in Belgium (FOB) - 2022
The average metal remelting scrap ingots export price stood at $787 per ton in 2022, rising by 58% against the previous year. Overall, the export price, however, faced a abrupt decline. The export price peaked at $4,028 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,073 per ton), while the average price for exports to Ghana ($168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+298.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal Remelting Scrap Ingots in Belgium (CIF) - 2022
In 2022, the average metal remelting scrap ingots import price amounted to $620 per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 141%. Over the period under review, average import prices reached the maximum at $1,253 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($10,474 per ton), while the price for the United States ($371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Metal Remelting Scrap Ingots in Belgium
In 2022, after three years of growth, there was decline in overseas shipments of remelting scrap ingots of iron or steel, when their volume decreased by -1.4% to 316 tons. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 340% against the previous year.
In value terms, metal remelting scrap ingots exports soared to $249K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 207%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Metal Remelting Scrap Ingots in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 14.2 | N/A | N/A | 158 | 123.2% |
Turkey | 0.6 | 82.1 | 160 | 63.2 | 372.3% |
France | 1.1 | 24.2 | N/A | 16.5 | 146.6% |
Ghana | 0.2 | N/A | N/A | 2.4 | 128.9% |
Italy | 16.1 | N/A | N/A | N/A | 0% |
Others | 2.5 | N/A | N/A | 9.3 | 54.9% |
Total | 34.7 | 106 | 160 | 249 | 92.9% |
Top Export Markets for Metal Remelting Scrap Ingots from Belgium in 2022:
- Spain (146.8 tons)
- Turkey (128.5 tons)
- France (20.3 tons)
- Ghana (14.1 tons)
Imports of Metal Remelting Scrap Ingots in Belgium
For the third consecutive year, Belgium recorded decline in purchases abroad of remelting scrap ingots of iron or steel, which decreased by 0% to 40 tons in 2022. Overall, imports continue to indicate a deep slump. The smallest decline of -33.5% was in 2020.
In value terms, metal remelting scrap ingots imports stood at $24K in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of $49K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Metal Remelting Scrap Ingots in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 13.3 | N/A | N/A | 20.4 | 15.3% |
Netherlands | 1.8 | 37.7 | N/A | 1.6 | -3.9% |
France | 13.6 | 11.3 | N/A | 1.0 | -58.1% |
Russia | 1.0 | N/A | N/A | 0.6 | -15.7% |
United States | 0.4 | N/A | N/A | 0.5 | 7.7% |
Others | 0.6 | N/A | N/A | 0.4 | -12.6% |
Total | 30.6 | 49.0 | N/A | 24.5 | -7.1% |
Top Suppliers of Metal Remelting Scrap Ingots to Belgium in 2022:
- Germany (33.9 tons)
- France (1.9 tons)
- United States (1.5 tons)
- Russia (1.5 tons)
- Netherlands (0.6 tons)
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24101420 - Remelting scrap ingots of iron or steel (excluding products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belgium.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belgium.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.