Price for Ferrous Waste and Scrap; of Cast Iron in Peru - 2022

Contents:

  1. Price for Ferrous Waste and Scrap; of Cast Iron in Peru (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Cast Iron in Peru (CIF) - 2022
  3. Exports of Ferrous Waste and Scrap; of Cast Iron in Peru
  4. Imports of Ferrous Waste and Scrap; of Cast Iron in Peru

Price for Ferrous Waste and Scrap; of Cast Iron in Peru (FOB) - 2022

The average export price for ferrous waste and scrap; of cast ira stood at $276 per ton in 2022, which is down by -43% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $565 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +21.7% per year.

Price for Ferrous Waste and Scrap; of Cast Iron in Peru (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $952 per ton, surging by 31% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 75%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +10.9% per year.

Exports of Ferrous Waste and Scrap; of Cast Iron in Peru

After two years of decline, shipments abroad of ferrous waste and scrap; of cast ira increased by 1,537% to 981 tons in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ferrous waste and scrap; of cast ira skyrocketed to $270K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ferrous Waste and Scrap; of Cast Iron in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.02.613.2270413.0%
South Korea5.62.71.3N/A-51.8%
Thailand3.91.50.5N/A-64.2%
Malaysia29.6N/A3.4N/A-66.1%
United States24.99.33.0N/A-65.3%
Taiwan (Chinese)9.85.33.5N/A-40.2%
Netherlands11.55.02.2N/A-56.3%
OthersN/AN/A1.9N/A0%
Total87.226.429.027045.8%

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Peru in 2022:

  1. India (980.6 tons)

Imports of Ferrous Waste and Scrap; of Cast Iron in Peru

In 2022, imports of ferrous waste and scrap; of cast ira into Peru skyrocketed to 120 tons, picking up by 40% against 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 358%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of ferrous waste and scrap; of cast ira surged to $114K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 498%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Ferrous Waste and Scrap; of Cast Iron in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.22.132.6114729.1%
United States2.37.529.8N/A260.0%
OthersN/A0.8N/AN/A0%
Total2.510.462.4114257.3%

Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Peru in 2022:

  1. Chile (120.1 tons)

Source: IndexBox Market Intelligence Platform

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