Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola (FOB) - 2022
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $369 per ton in 2022, reducing by -6.1% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 162%. The export price peaked at $393 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($495 per ton), while the average price for exports to Namibia ($47 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 Democratic Republic of the Congo (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $718 per ton, growing by 24% against the previous year. In general, the import price, however, showed a abrupt downturn. The import price peaked at $2,771 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($1,714 per ton), while the price for China ($533 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+153.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola
In 2022, overseas shipments of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -58% to 526 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 119% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped notably to $205K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 315% against the previous year. As a result, the exports reached the peak of $340K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 24.6 | 34.5 | 240 | 123 | 71.0% |
| Democratic Republic of the Congo | 41.1 | 188 | 3.3 | 76.8 | 23.2% |
| Namibia | 0.7 | 0.8 | 4.5 | 1.8 | 37.0% |
| South Korea | 15.1 | N/A | N/A | N/A | 0% |
| Congo | N/A | 116 | 10.0 | N/A | -91.4% |
| Others | 0.5 | 0.8 | 5.6 | 2.8 | 77.6% |
| Total | 82.0 | 340 | 264 | 205 | 35.7% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Angola in 2022:
- India (331.3 tons)
- Democratic Republic of the Congo (155.4 tons)
- Namibia (38.1 tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola
In 2022, purchases abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -93.4% to 705 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s shrank rapidly to $3.3K in 2022. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 4.3% against the previous year.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 4.6 | 4.9 | 0.4 | -54.7% |
| Congo | N/A | N/A | N/A | N/A | 0% |
| South Africa | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Portugal | 1.0 | 0.9 | 0.9 | N/A | -5.1% |
| Brazil | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.2 | 2.9 | 113.0% |
| Total | 5.6 | 5.9 | 6.1 | 3.3 | -16.2% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Angola in 2022:
- China (670.0 kg)
- Brazil (15.0 kg)
- Portugal (7.0 kg)
- South Africa (6.0 kg)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Angola.
693
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
452
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Angola.
693
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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