Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $485 per ton, with a decrease of -25.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 53%. As a result, the export price attained the peak level of $655 per ton, and then contracted notably in the following year.
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 Italy ($724 per ton), while the average price for exports to Turkey ($431 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 Italy (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel (CIF) - 2022
In 2020, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $659 per ton, with a decrease of -1.5% against the previous year. Over the period under review, the import price saw a abrupt decline. The growth pace was the most rapid in 2013 an increase of 108%. As a result, import price attained the peak level of $2,999 per ton. From 2014 to 2020, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Serbia ($687 per ton), while the price for the United States ($542 per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the UK (+1.3%).
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Israel expanded rapidly to 47K tons, picking up by 6.4% against 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s reduced markedly to $22M in 2022. Over the period under review, exports showed a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 152%. As a result, the exports attained the peak of $29M, and then reduced rapidly in the following year.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 10.9 | 8.1 | 20.9 | 17.2 | 16.4% |
| Netherlands | 0.1 | 0.3 | 1.6 | 1.2 | 128.9% |
| South Korea | 0.4 | 0.8 | 2.3 | 1.2 | 44.2% |
| India | 0.9 | 0.7 | 2.0 | 0.8 | -3.9% |
| Italy | N/A | 0.1 | 0.6 | 0.5 | 123.6% |
| United Kingdom | 0.3 | 0.8 | 0.3 | 0.4 | 10.1% |
| Others | 1.1 | 0.7 | 1.5 | 1.0 | -3.1% |
| Total | 13.6 | 11.6 | 29.2 | 22.3 | 17.9% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Israel in 2022:
- Turkey (39.8K tons)
- South Korea (1.8K tons)
- Netherlands (1.7K tons)
- India (1.3K tons)
- Italy (0.7K tons)
- United Kingdom (0.5K tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel
In 2020, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s imported into Israel soared to 21 tons, growing by 374% against 2019. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s skyrocketed to $14K in 2020. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| United Kingdom | 3.0 | 7.0 | 133.3% | ||
| Serbia | N/A | 6.0 | 0% | ||
| United States | N/A | 1.0 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 3.0 | 14.0 | 366.7% | ||
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Israel in 2022:
- United Kingdom (10.7 tons)
- Serbia (8.7 tons)
- United States (1.8 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Israel.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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