Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia - 2023
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $339 per ton, increasing by 40% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; remelting scrap ingots of iron or steels increased by +170.3% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($691 per ton), while the average price for exports to Taiwan (Chinese) ($26 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 United States (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $490 per ton, shrinking by -49.5% against the previous year. In general, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 168%. The import price peaked at $2,103 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($625 per ton), while the price for Chile ($478 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-0.3%).
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia
In 2022, approx. 89K tons of ferrous waste and scrap; remelting scrap ingots of iron or steels were exported from Bolivia; which is down by -26.5% compared with the previous year. Over the period under review, exports, however, continue to indicate noticeable growth. The growth pace was the most rapid in 2021 when exports increased by 129% against the previous year. As a result, the exports attained the peak of 120K tons, and then reduced markedly in the following year.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels reached $30M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 145% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 14.0 | 8.3 | 15.9 | 24.0 | 19.7% |
| Brazil | 1.0 | 3.1 | 5.6 | 3.0 | 44.2% |
| Chile | 0.6 | 0.2 | 5.6 | 2.0 | 49.4% |
| South Korea | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Taiwan (Chinese) | 0.2 | N/A | 0.6 | 0.2 | 0.0% |
| India | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Others | 1.1 | 0.4 | 1.2 | 0.6 | -18.3% |
| Total | 17.0 | 12.0 | 29.3 | 30.1 | 21.0% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Bolivia in 2022:
- Peru (62.2K tons)
- Brazil (8.9K tons)
- Taiwan (Chinese) (5.9K tons)
- Chile (5.7K tons)
- South Korea (1.8K tons)
- India (1.3K tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia
In 2022, supplies from abroad of ferrous waste and scrap; remelting scrap ingots of iron or steels increased by 4,516% to 1.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels surged to $924K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | N/A | N/A | N/A | 872 | 0% |
| Chile | N/A | 0.4 | N/A | 16.8 | 548.1% |
| Brazil | 79.0 | 59.1 | 20.7 | 5.0 | -60.1% |
| Others | 7.8 | 30.3 | 19.0 | 29.7 | 56.2% |
| Total | 86.7 | 89.9 | 39.7 | 924 | 120.1% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Bolivia in 2022:
- Paraguay (1824.0 tons)
- Chile (35.0 tons)
- Brazil (8.1 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Bolivia.
672
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
85
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Bolivia.
672
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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