Price for Ferrous Waste and Scrap; of Cast Iron in Ireland - 2023

Contents:

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

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

In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $820 per ton, with an increase of 13% against the previous year. Over the period under review, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of 69% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,110 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,567 per ton), while the average price for exports to the UK ($284 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 Portugal (+64.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $1,400 per ton, shrinking by -47% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 a decrease of -4.8% against the previous year. Over the period under review, average import prices attained the peak figure at $3,712 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,625 per ton), while the price for Bangladesh stood at $1,143 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.0%).

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

Exports of ferrous waste and scrap; of cast ira from Ireland dropped to 26K tons in 2022, falling by -5.4% compared with the previous year's figure. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 8.6%.

In value terms, exports of ferrous waste and scrap; of cast ira amounted to $21M in 2022. The total export value increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. United Kingdom (15.0K tons)
2. Spain (5.3K tons)
3. Portugal (2.7K tons)
4. France (1.7K tons)
5. Netherlands (0.9K tons)

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

After two years of decline, overseas purchases of ferrous waste and scrap; of cast ira decreased by -99.8% to 15 kg in 2022. Overall, imports showed a dramatic decrease.

In value terms, imports of ferrous waste and scrap; of cast ira declined remarkably to $21 in 2022. Over the period under review, imports saw a significant contraction.

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

1. United Kingdom (8.0 kg)
2. Bangladesh (7.0 kg)

Source: IndexBox Market Intelligence Platform