Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala (CIF) - 2024
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala (CIF) - 2024
In December 2023, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $884 per ton, increasing by 8.7% against the previous month. Overall, the import price, however, continues to indicate a pronounced setback. Over the period under review, average import prices hit record highs at $1,214 per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Honduras.
From February 2023 to December 2023, the rate of growth in terms of prices for Honduras amounted to -3.1% per month.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $111 per ton, reducing by -49.6% against the previous year. In general, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2017 an increase of 134%. The export price peaked at $219 per ton in 2021, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($311 per ton), while the average price for exports to Honduras ($51 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 Thailand (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala
After three years of growth, supplies from abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -27.6% to 3.7K tons in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 335% against the previous year.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s totaled $4.6M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 384%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 0.2 | 1.3 | 4.5 | 4.5 | 182.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | 1.3 | 4.5 | 4.6 | 148.4% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Guatemala in 2022:
- Honduras (3.7K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala
In 2022, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from Guatemala surged to 556 tons, rising by 1,362% compared with 2021 figures. In general, exports, however, showed a dramatic decline.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s skyrocketed to $79K in 2022. Over the period under review, exports, however, continue to indicate a sharp curtailment.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 46.6 | 0% |
| Honduras | 28.5 | 3.2 | 1.1 | 16.3 | -17.0% |
| El Salvador | N/A | N/A | N/A | 11.0 | 0% |
| South Korea | 92.0 | N/A | 7.3 | 5.0 | -62.1% |
| Thailand | 24.5 | N/A | N/A | N/A | 0% |
| China | 36.5 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 580 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 761 | 3.2 | 8.3 | 79.0 | -53.0% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Guatemala in 2022:
- Honduras (322.7 tons)
- India (150.0 tons)
- El Salvador (58.6 tons)
- South Korea (25.0 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Guatemala.
696
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
131
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Guatemala.
696
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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