Germany's scrap exports declined by 3% in 2023

 

Germany's scrap exports declined by 3% in 2023

Scrap often referred to as the waste can be the most profitable item for export. Some of the most exported scrap items are copper, aluminium, lead, brass, auto batteries, can, etc. Scrap metals are the billion dollar market. Germany is the second biggest exporter of scrap items globally. According to Germany import export data, Germany exported around 7.9 million metric tons of scrap items in 2023. The Netherlands, Turkey and India were the biggest markets for Germany’s scrap metals exports.

In this article, you will find a detailed report on Germany’s scrap metals exports.


Scrap Iron

Germany is the second biggest exporter of scrap iron globally. For the financial year 2023, Germany's iron scrap exports dropped to 18%. Germany export data shows over $4.3 billion worth of scrap iron was exported during last fiscal year. Italy was the leading market for Germany's scrap copper exports.


As per Germany trade statistics, Italy has imported nearly $746 million  worth of scrap iron from Germany in 2023. In terms of export share, Belgium (16%), Netherlands (15%), Finland (14%) and Luxembourg (7%) were the fastest growing markets for Germany's scrap iron exports. 


On the other hand, Germany's scrap iron imports were $1.6 billion in 2023 showing a decline of 30%. The top destinations for Germany's scrap iron imports were Czech Republic, Netherlands, Poland and France. TSR Metals, EMR European Metal and RTB Rohstoff Terminal were other scrap iron import companies from Germany with a notable amount of shipments last year.


Scrap Copper

Germany is the second leading exporter of scrap copper globally. In 2023, Germany's scrap copper exports were estimated to be $2 billion with a decline of 6% compared to FY 2022. The fastest growing markets for German scrap copper were Belgium ($255 Million), Austria ($248 Million), Poland ($242 Million) and China ($240 Million) respectively. The leading scrap copper export companies from Germany were Scholz Recycling, Metallum Metal Trading and Nord-Schrott.


Whereas per Germany import data, the country's scrap copper imports stood at around $3.3 billion for the financial year 2023. There was a significant decline of 16% as compared to FY 2022. The Netherlands was the leading scrap copper exporter to Germany with 18% market share. Along with the Netherlands, France, Poland, Switzerland and Austria were other prominent scrap copper exporters to Germany in 2023.


Scrap Aluminium

In terms of scrap aluminium exports, the country's overall scrap aluminium exports were recorded to be $2 billion during last fiscal year. As compared to fiscal year 2022, there was a 10% decline in the scrap aluminium exports of Germany. Italy was the top importer of scrap aluminium with around $300 million worth of exports last year.


Along with Italy, Austria, Poland, Netherlands, and Switzerland were the fastest growing markets for Germany's scrap aluminium exports. Whereas, Germany exported over $1.7 billion worth of scrap aluminium imports last year. The Netherlands, Poland and Austria were the leading scrap aluminium importer to Germany during fiscal year 2023.

Indra recycling, Limany Netherlands, Frans Muysers Boomkwekerijen and PreZero Pyral were the top aluminium scrap exporting companies from Germany.



Conclusion:

Germany's other significant scrap items are scrap plastic, scrap lead, scrap tin, etc. Germany's scrap plastics exports were $270 million followed by scrap lead ($16 million) and scrap tin ($11 million). German companies could further boost their scrap exports through trade intelligence reports offered by the global import export data provider. Through these reports, you could discover genuine scrap items importers from the international markets. 

Comments

Post a Comment

Popular posts from this blog

Turkey's fruits & vegetable exports hit record $212 Mn in April

Image
  Turkey is among the leading exporters of fruits and vegetables globally. Turkey is the biggest exporter of hazelnuts and fids. As per Turkey customs data , the overall fruits and vegetables exports from Turkey hit a record $212 million in April 2024. Experts predict Turkey's fruit market to reach 2.6 billion euros in 2024 with 9% expected annual growth rate. In the fiscal year 2023, Turkey's fruits and vegetables exports sales bombed. According to Turkey import export data , the country's fruits exports went up by 8.5% last year. Turkey's fruits exports were recorded to be $5.4 billion in FY 2023. Turkey's key fruits exports includes citrus fruits, grapes, apricots, dates, figs, apples and melons.   Russia was the biggest importer of fruits from Turkey with nearly billion dollars of fruit imports from Turkey. Export share wise, Germany (12%), Italy (8%), Iraq (7%), and the United Kingdom (4%) were the major markets for Turkish fruits exports. Ferrero Hazelnut Comp...
Read more

Russia's Textiles & Footwear Trade Analysis FY 2023

Image
  Well, Russia’s textiles exports are not as sound as crude oil, gas, and fertilizers exports. Knitted Fabrics were the most exported items from Russia. During the financial year 2023, Russia’s knitted fabrics exports stood at around $598 million as per Russia import export data . Moldova was the leading destination for Russian knitted fabrics items representing around 47% market share.  Uzbekistan was the second leading destination for Russian knitted fabrics exports with 27% market share. The fastest growing markets for Russia's knitted fabrics exports are Ukraine, Azerbaijan, Tajikistan, Turkey and Lithuania. Whereas, non-knitted or crocheted articles were the second most exported commodity from Russia. According to Russia customs data reports, over 136 million dollars worth of non-knitted or crocheted articles were exported from Russia in the fiscal year 2023. Russia's majority of the knitted and non-knitted textiles articles exports were made to Namibia and Spain respect...
Read more

USA's Agricultural & Poultry Market: Stats & Figures

Image
  Agriculture and poultry are the major revenue driven industries of the USA. Some of the leading agricultural exports of the USA are grains, soybeans, corn, fruits, vegetables, tree nuts and livestock products. In 2023, the USA's overall agricultural exports remained at $178 billion. Further, according to the experts, the USA's agricultural exports might see a fall to $170 billion in 2024.  According to the US import export data , the country's agricultural exports hit an all time high of $196 billion in 2022. China remained the biggest market for USA's agricultural exports with a record 19% market share. China's major interest came in the USA's soybeans, beef and cotton items. Along with China, Canada, Mexico and Japan were other significant markets. Soybeans are the top revenue generating commodity for the USA. In 2023, the exports of soybeans from the USA were recorded to be $28 billion. Although, there was a steep decline of 18% in the USA’s soybeans export...
Read more