Report Update Apr 1, 2024

Angola - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Remelting Scrap Ingots Of Iron Or Steel 2024

Market Size for Remelting Scrap Ingots Of Iron Or Steel in Angola

The Angolan metal remelting scrap ingots market shrank markedly to less than $X in 2022, falling by X% against the previous year. In general, consumption, however, continues to indicate a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Remelting Scrap Ingots Of Iron Or Steel in Angola

In value terms, metal remelting scrap ingots production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Remelting Scrap Ingots Of Iron Or Steel

Exports from Angola

In 2021, approx. X tons of remelting scrap ingots of iron or steel were exported from Angola; which is down by X% on the previous year's figure. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, metal remelting scrap ingots exports dropped remarkably to $X in 2021. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for metal remelting scrap ingots exports from Angola, accounting for a approx. X% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for remelting scrap ingots of iron or steel exports from Angola.

From 2018 to 2021, the average annual growth rate of value to Democratic Republic of the Congo was relatively modest.

Export Prices by Country

In 2021, the average metal remelting scrap ingots export price amounted to $X per ton, falling by X% against the previous year. In general, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2018 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Remelting Scrap Ingots Of Iron Or Steel

Imports into Angola

In 2021, the amount of remelting scrap ingots of iron or steel imported into Angola stood at X tons, approximately reflecting the previous year's figure. Over the period under review, imports enjoyed significant growth. The smallest decline of X% was in 2015. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, metal remelting scrap ingots imports stood at $X in 2021. Overall, imports saw a significant expansion. The smallest decline of X% was in 2015. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, the United States (X tons) was the main metal remelting scrap ingots supplier to Angola, accounting for a approx. X% share of total imports.

From 2014 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of remelting scrap ingots of iron or steel to Angola.

From 2014 to 2021, the average annual growth rate of value from the United States was relatively modest.

Import Prices by Country

The average metal remelting scrap ingots import price stood at $X per ton in 2021, leveling off at the previous year. In general, the import price faced a sharp slump. The growth pace was the most rapid in 2015 when the average import price decreased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2014 to 2021, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for remelting scrap ingots of iron or steel in the world?

The countries with the highest volumes of consumption in 2022 were Turkey, India and the United States, together comprising 33% of global consumption. China, Japan, Nigeria, Brazil, Russia, the UK, Bosnia and Herzegovina, Mexico, Germany and Canada lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of remelting scrap ingots of iron or steel in the world?

The countries with the highest volumes of production in 2022 were Turkey, India and the United States, with a combined 32% share of global production. China, Japan, Palestine, Nigeria, Brazil, Russia, the UK, Bosnia and Herzegovina, Mexico and Germany lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of remelting scrap ingots of iron or steel to Angola?

In value terms, the United States constituted the largest supplier of remelting scrap ingots of iron or steel to Angola.

What are the leading importers of remelting scrap ingots of iron or steel from Angola?

In value terms, Democratic Republic of the Congo emerged as the key foreign market for remelting scrap ingots of iron or steel exports from Angola.

What is the average export price for remelting scrap ingots of iron or steel in Angola?

The average metal remelting scrap ingots export price stood at $357 per ton in 2021, falling by -15.6% against the previous year.

What is the average import price for remelting scrap ingots of iron or steel in Angola?

In 2021, the average metal remelting scrap ingots import price amounted to $1,083 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the market for metal remelting scrap ingots in Angola. 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:

Angola

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Angola
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023