Report SADC - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

SADC - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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SADC: Market for Remelting Scrap Ingots Of Iron Or Steel 2024

Market Size for Remelting Scrap Ingots Of Iron Or Steel in SADC

The SADC metal remelting scrap ingots market shrank to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a pronounced decline. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Remelting Scrap Ingots Of Iron Or Steel in SADC

In value terms, metal remelting scrap ingots production reduced rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Remelting Scrap Ingots Of Iron Or Steel

Exports in SADC

Metal remelting scrap ingots exports reduced notably to X tons in 2022, dropping by X% compared with 2021. In general, exports, however, showed a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of X,078% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, metal remelting scrap ingots exports reduced rapidly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X,800%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Botswana represented the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Mozambique (X tons), making up a X% share of total exports.

Botswana was also the fastest-growing in terms of the remelting scrap ingots of iron or steel exports, with a CAGR of X% from 2012 to 2022. Mozambique (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana increased by X percentage points.

In value terms, the largest metal remelting scrap ingots supplying countries in SADC were Botswana ($X) and Mozambique ($X).

In terms of the main exporting countries, Botswana, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Botswana stood at $X per ton.

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

Imports of Remelting Scrap Ingots Of Iron Or Steel

Imports in SADC

In 2022, approx. X tons of remelting scrap ingots of iron or steel were imported in SADC; which is down by X% against the previous year's figure. Overall, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted significantly in the following year.

In value terms, metal remelting scrap ingots imports fell significantly to $X in 2022. Over the period under review, imports saw a noticeable curtailment. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, Swaziland (X tons) represented the main importer of remelting scrap ingots of iron or steel in SADC, constituting X% of total import.

Swaziland was also the fastest-growing in terms of the remelting scrap ingots of iron or steel imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Swaziland increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Swaziland ($X) constitutes the largest market for imported remelting scrap ingots of iron or steel in SADC.

In Swaziland, metal remelting scrap ingots imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Swaziland.

From 2012 to 2022, the rate of growth in terms of prices for Swaziland amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2022 were South Africa, Democratic Republic of the Congo and Mozambique, together comprising 67% of total consumption. Angola, Tanzania and Zambia lagged somewhat behind, together accounting for a further 30%.
The countries with the highest volumes of production in 2022 were South Africa, Democratic Republic of the Congo and Mozambique, with a combined 67% share of total production. Angola, Tanzania and Zambia lagged somewhat behind, together comprising a further 30%.
In value terms, Botswana and Mozambique constituted the countries with the highest levels of exports in 2022.
In value terms, Swaziland constitutes the largest market for imported remelting scrap ingots of iron or steel in SADC.
The export price in SADC stood at $155 per ton in 2022, declining by -57.2% against the previous year.
The import price in SADC stood at $505 per ton in 2022, with a decrease of -5.8% against the previous year.

This report provides an in-depth analysis of the market for metal remelting scrap ingots in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24101420 - Remelting scrap ingots of iron or steel (excluding products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys)

Country coverage:

  • Angola
  • Botswana
  • Comoros
  • Democratic Republic of the Congo
  • Lesotho
  • Madagascar
  • Malawi
  • Mauritius
  • Mozambique
  • Namibia
  • Seychelles
  • South Africa
  • Swaziland
  • Tanzania
  • Zambia
  • Zimbabwe

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in SADC, split by region and country
  • Trade (exports and imports) in SADC
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Angola
    • Botswana
    • Comoros
    • Democratic Republic of the Congo
    • Lesotho
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Seychelles
    • South Africa
    • Swaziland
    • Tanzania
    • Zambia
    • Zimbabwe
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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