Price for Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic (CIF) - 2023
- Exports of Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic
- Imports of Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic
Price for Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic (FOB) - 2023
The average export price for ferrous waste and scrap; of stainless steels stood at $985 per ton in December 2023, shrinking by -24.6% against the previous month. In general, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in April 2023 an increase of 30% month-to-month. As a result, the export price reached the peak level of $1,440 per ton. From May 2023 to December 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($2,088 per ton), while the average price for exports to Slovenia ($420 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic (CIF) - 2023
The average import price for ferrous waste and scrap; of stainless steels stood at $1,010 per ton in December 2023, reducing by -10% against the previous month. Over the period under review, the import price, however, enjoyed a prominent increase. The growth pace was the most rapid in February 2023 when the average import price increased by 191% month-to-month. Over the period under review, average import prices attained the peak figure at $1,337 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2,079 per ton), while the price for Germany ($412 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic
In 2022, exports of ferrous waste and scrap; of stainless steels from the Czech Republic contracted to 89K tons, waning by -2.9% on the previous year's figure. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 10%.
In value terms, exports of ferrous waste and scrap; of stainless steels rose significantly to $133M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 69.0 | 51.4 | 91.1 | 73.9 | 2.3% |
| Poland | 3.1 | 4.7 | 5.6 | 13.8 | 64.5% |
| Slovenia | 4.7 | 3.6 | 8.6 | 11.5 | 34.8% |
| Belgium | 3.3 | 3.4 | 3.4 | 10.3 | 46.1% |
| Finland | N/A | N/A | N/A | 6.7 | 0% |
| Sweden | 5.1 | 6.6 | 5.4 | 5.8 | 4.4% |
| Austria | 3.5 | 2.3 | 4.8 | 4.4 | 7.9% |
| Italy | 1.3 | 1.0 | 1.2 | 4.1 | 46.6% |
| Others | 1.9 | 1.2 | 2.8 | 3.0 | 16.4% |
| Total | 92.0 | 74.4 | 123 | 133 | 13.1% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from the Czech Republic in 2022:
- Germany (37.3K tons)
- Slovenia (22.1K tons)
- Austria (7.6K tons)
- Poland (6.8K tons)
- Belgium (5.8K tons)
- Finland (3.1K tons)
- Italy (2.6K tons)
- Sweden (1.3K tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic
Imports of ferrous waste and scrap; of stainless steels into the Czech Republic skyrocketed to 30K tons in 2022, rising by 182% on the year before. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of stainless steels surged to $21M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Stainless Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 4.4 | 5.8 | 10.5 | 9.6 | 29.7% |
| Poland | 0.3 | 0.3 | 0.7 | 7.5 | 192.4% |
| Hungary | 2.1 | 1.5 | 2.1 | 2.1 | 0.0% |
| Austria | 2.1 | 1.5 | 2.4 | 1.1 | -19.4% |
| Germany | 0.3 | 0.5 | 0.3 | 0.1 | -30.7% |
| Others | 0.6 | 0.3 | 0.2 | 0.9 | 14.5% |
| Total | 9.9 | 9.9 | 16.3 | 21.3 | 29.1% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to the Czech Republic in 2022:
- Poland (19.3K tons)
- Slovakia (8.4K tons)
- Hungary (1.3K tons)
- Austria (0.5K tons)
- Germany (0.1K tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in the Czech Republic.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
455
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the Czech Republic.
693
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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