Report Update Nov 1, 2024

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

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Puerto Rico: Market for Remelting Scrap Ingots Of Iron Or Steel 2024

Exports of Remelting Scrap Ingots Of Iron Or Steel

Exports by Country

Palestine (X tons) dominates exports structure, together mixing up 70% of total exports. Russia (X tons) took a 6.3% share (based on physical terms) of total exports, which put it in second place, followed by Austria (5.3%). France (X tons), Israel (X tons), the United States (X tons) and Australia (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to remelting scrap ingots of iron or steel exports from Palestine and Qatar stood at +19.9% and 0.0%, respectively. At the same time, Russia (+91.7%), Austria (+56.8%), Israel (+26.5%) and France (+12.8%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +91.7% from 2012-2021. By contrast, Australia (-7.4%), the United States (-14.4%) and Poland (-25.9%) illustrated a downward trend over the same period. While the share of Palestine (+32 p.p.), Russia (+6.2 p.p.), Austria (+5 p.p.) and Israel (+1.7 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Australia (-5 p.p.), the United States (-7.6 p.p.) and Poland (-11.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Palestine ($X) remains the largest metal remelting scrap ingots supplier from Puerto Rico, comprising 68% of global exports. The second position in the ranking was taken by Russia ($X), with a 14% share of global exports. It was followed by Austria, with a 3.3% share.

In Palestine, metal remelting scrap ingots exports expanded at an average annual rate of +20.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+81.3% per year) and Austria (+55.9% per year).

Imports of Remelting Scrap Ingots Of Iron Or Steel

Imports by Country

In 2021, Belarus (X tons) and Kuwait (X tons) represented the key importers of remelting scrap ingots of iron or steelacross the globe, together making up 51% of total imports. Palestine (X tons) ranks next in terms of the total imports with a 12% share, followed by Austria (6.7%), Latvia (6.4%) and Turkey (5.3%). The following importers - Pakistan (X tons) and the Netherlands (X tons) - together made up 2.7% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +212.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Palestine ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2021, with a combined 64% share of total imports.

Belarus, with a CAGR of +265.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for remelting scrap ingots of iron or steel in the world?

The countries with the highest volumes of metal remelting scrap ingots consumption in 2020 were Turkey, China and India, together accounting for 45% of global consumption. The United States, Japan, Russia, Indonesia, Brazil, Mexico, Italy, the UK and Nigeria lagged somewhat behind, together accounting for a further 23%.

What are the largest producers of remelting scrap ingots of iron or steel in the world?

The countries with the highest volumes of metal remelting scrap ingots production in 2020 were Turkey, China and India, with a combined 44% share of global production. The United States, Japan, Russia, Indonesia, Brazil, Palestine, Mexico, the UK, Italy and Nigeria lagged somewhat behind, together comprising a further 24%.

What are the leading suppliers of remelting scrap ingots of iron or steel to Puerto Rico?

In value terms, Kuwait constitutes the largest market for imported remelting scrap ingots of iron or steel into Puerto Rico, comprising 27% of global imports. The second position in the ranking was occupied by Belarus, with a 10% share of global imports. It was followed by South Korea, with an 8.2% share.

What are the leading importers of remelting scrap ingots of iron or steel from Puerto Rico?

In value terms, Palestine remains the largest metal remelting scrap ingots supplier from Puerto Rico, comprising 81% of global exports. The second position in the ranking was occupied by Austria, with a 2.5% share of global exports. It was followed by Russia, with a 2.4% share.

What is the average export price for remelting scrap ingots of iron or steel in Puerto Rico?

The metal remelting scrap ingots export price in Puerto Rico stood at $less than 0.1 per ton in 2020, approximately equating the previous year.

What is the average import price for remelting scrap ingots of iron or steel in Puerto Rico?

The metal remelting scrap ingots import price in Puerto Rico stood at $less than 0.1 per ton in 2020, remaining constant against the previous year.

This report provides an in-depth analysis of the market for metal remelting scrap ingots in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023