Price for Ferrous Waste and Scrap; of Stainless Steel in Paraguay - 2024

Price for Ferrous Waste and Scrap; of Stainless Steel in Paraguay (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of stainless steels amounted to $670 per ton, with an increase of 47% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 106% against the previous year. The export price peaked at $1,596 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,977 per ton), while the average price for exports to Belgium ($103 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 Germany (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Stainless Steel in Paraguay (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of stainless steels amounted to $2,051 per ton, increasing by 14% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the maximum at $2,481 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for Chile amounted to +13.7% per year.

Exports of Ferrous Waste and Scrap; of Stainless Steel in Paraguay

In 2022, shipments abroad of ferrous waste and scrap; of stainless steels was finally on the rise to reach 2.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a precipitous shrinkage.

In value terms, exports of ferrous waste and scrap; of stainless steels soared to $1.4M in 2022. Overall, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferrous Waste and Scrap; of Stainless Steel in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	N/A	N/A	152	1,022	572.4%
Netherlands	427	60.8	217	265	-14.7%
Spain	117	140	13.2	49.4	-25.0%
Thailand	164	213	74.8	35.1	-40.2%
India	200	142	30.4	34.9	-44.1%
Belgium	N/A	N/A	2.6	7.2	176.9%
Uruguay	N/A	17.5	N/A	N/A	0%
Others	21.5	75.0	22.8	25.7	6.1%
Total	930	648	513	1,439	15.7%

Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Paraguay in 2022:

Netherlands (1457.0 tons)
Germany (517.0 tons)
Belgium (70.0 tons)
Spain (36.7 tons)
Thailand (25.0 tons)
India (22.6 tons)

Imports of Ferrous Waste and Scrap; of Stainless Steel in Paraguay

In 2022, overseas purchases of ferrous waste and scrap; of stainless steels decreased by -48.6% to 19 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,930% against the previous year. As a result, imports attained the peak of 60 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ferrous waste and scrap; of stainless steels shrank remarkably to $39K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,065% against the previous year. As a result, imports reached the peak of $68K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.