Price for Aluminium Waste and Scrap in South Africa - 2023
Contents:
- Price for Aluminium Waste and Scrap in South Africa (FOB) - 2023
- Price for Aluminium Waste and Scrap in South Africa (CIF) - 2023
- Exports of Aluminium Waste and Scrap in South Africa
- Imports of Aluminium Waste and Scrap in South Africa
Price for Aluminium Waste and Scrap in South Africa (FOB) - 2023
In July 2023, the average aluminium waste and scrap export price amounted to $1,477 per ton, increasing by 7.4% against the previous month. In general, the export price, however, saw a slight curtailment. The export price peaked at $1,683 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belgium ($1,844 per ton), while the average price for exports to the Netherlands ($1,193 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Waste and Scrap in South Africa (CIF) - 2023
In July 2023, the average aluminium waste and scrap import price amounted to $1,002 per ton, waning by -11% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 11% against the previous month. The import price peaked at $1,126 per ton in June 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Zambia ($6,087 per ton), while the price for Zimbabwe ($223 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Zambia (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aluminium Waste and Scrap in South Africa
For the third consecutive year, South Africa recorded decline in overseas shipments of aluminium waste and scraps, which decreased by -23.9% to 40K tons in 2022. Over the period under review, exports recorded a abrupt decline. The smallest decline of -0.9% was in 2021.
In value terms, aluminium waste and scrap exports declined to $76M in 2022. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 37%.
| Export of Aluminium Waste and Scrap in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 45.4 | 27.8 | 32.3 | 26.0 | -17.0% |
| Brazil | 25.9 | 13.6 | 9.3 | 17.1 | -12.9% |
| Greece | 0.5 | 0.4 | 6.0 | 8.9 | 161.1% |
| Netherlands | 0.2 | 0.1 | 0.3 | 4.8 | 188.4% |
| United States | N/A | 0.1 | N/A | 4.4 | 563.3% |
| Belgium | 1.0 | 0.6 | 0.2 | 3.4 | 50.4% |
| United Kingdom | 0.6 | 0.2 | 0.6 | 2.3 | 56.5% |
| South Korea | 2.4 | 4.4 | 8.0 | 1.7 | -10.9% |
| Saudi Arabia | 4.0 | 7.0 | 6.5 | 0.2 | -63.2% |
| Germany | 4.9 | 2.9 | 2.8 | 0.1 | -72.7% |
| Others | 5.7 | 4.6 | 18.7 | 7.5 | 9.6% |
| Total | 90.5 | 61.9 | 84.6 | 76.3 | -5.5% |
Top Export Markets for Aluminium Waste and Scrap from South Africa in 2022:
- Germany (undefinedK tons)
- India (14.3K tons)
- Brazil (8.6K tons)
- Greece (4.6K tons)
- United States (2.3K tons)
- Netherlands (2.2K tons)
- Belgium (1.5K tons)
- South Korea (1.2K tons)
- United Kingdom (1.1K tons)
- Saudi Arabia (0.1K tons)
Imports of Aluminium Waste and Scrap in South Africa
In 2022, approx. 6.5K tons of aluminium waste and scraps were imported into South Africa; declining by -21.3% on the year before. Overall, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 7.4%.
In value terms, aluminium waste and scrap imports declined markedly to $5M in 2022. Over the period under review, imports showed a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 13%.
| Import of Aluminium Waste and Scrap in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 2,365 | 1,539 | 2,760 | 2,742 | 5.1% |
| Zimbabwe | 795 | 641 | 837 | 530 | -12.6% |
| Namibia | 3,784 | 2,034 | 1,163 | 510 | -48.7% |
| Swaziland | 192 | 79.8 | 126 | 380 | 25.6% |
| Zambia | 2,381 | 524 | 601 | 298 | -50.0% |
| Malawi | 331 | 185 | 256 | 191 | -16.7% |
| Mozambique | 323 | 152 | 164 | 115 | -29.1% |
| Others | 851 | 1,015 | 1,040 | 234 | -35.0% |
| Total | 11,022 | 6,169 | 6,946 | 5,000 | -23.2% |
Top Suppliers of Aluminium Waste and Scrap to South Africa in 2022:
- Botswana (3096.7 tons)
- Zimbabwe (1245.6 tons)
- Swaziland (599.9 tons)
- Namibia (543.2 tons)
- Zambia (344.9 tons)
- Mozambique (262.1 tons)
- Malawi (203.2 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
