Price for Ferrous Waste and Scrap; of Stainless Steel in Argentina - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Argentina (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Argentina (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Argentina
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Argentina
Price for Ferrous Waste and Scrap; of Stainless Steel in Argentina (FOB) - 2022
The average export price for ferrous waste and scrap; of stainless steels stood at $1,287 per ton in 2022, waning by -3.6% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 14% against the previous year. The export price peaked at $2,005 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,062 per ton), while the average price for exports to Italy ($414 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 the Netherlands (-2.5%), while the prices for the other major destinations experienced a decline.
Price for Ferrous Waste and Scrap; of Stainless Steel in Argentina (CIF) - 2022
The average import price for ferrous waste and scrap; of stainless steels stood at $4,775 per ton in 2022, rising by 74% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($5,073 per ton), while the price for Chile stood at $2,202 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%).
Exports of Ferrous Waste and Scrap; of Stainless Steel in Argentina
For the third consecutive year, Argentina recorded decline in shipments abroad of ferrous waste and scrap; of stainless steels, which decreased by -7.2% to 2.1K tons in 2022. Over the period under review, exports saw a abrupt decrease. The smallest decline of -7.2% was in 2021.
In value terms, exports of ferrous waste and scrap; of stainless steels declined to $2.8M in 2022. Overall, exports showed a deep setback. The smallest decline of -10.5% was in 2021.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3,144 | 2,648 | 2,147 | 1,788 | -17.1% |
| Spain | 237 | 332 | 491 | 626 | 38.2% |
| Germany | 437 | 428 | 404 | 299 | -11.9% |
| Italy | 42.6 | 45.1 | 45.9 | 48.0 | 4.1% |
| Others | 1.7 | 1.8 | 2.9 | 3.3 | 24.7% |
| Total | 3,863 | 3,455 | 3,091 | 2,765 | -10.5% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Argentina in 2022:
- Netherlands (1261.2 tons)
- Spain (656.4 tons)
- Italy (115.8 tons)
- Germany (97.8 tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Argentina
For the third consecutive year, Argentina recorded decline in overseas purchases of ferrous waste and scrap; of stainless steels, which decreased by -4.5% to 33 tons in 2022. Over the period under review, imports continue to indicate a deep slump.
In value terms, imports of ferrous waste and scrap; of stainless steels surged to $158K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Stainless Steel in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 109 | 96.4 | 80.9 | 151 | 11.5% |
| Chile | 11.7 | 10.0 | 8.2 | 7.6 | -13.4% |
| Brazil | N/A | N/A | 6.1 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 121 | 106 | 95.1 | 158 | 9.3% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Argentina in 2022:
- United States (29.7 tons)
- Chile (3.5 tons)
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