Scrap demand in ASEAN countries in 2016

Posted on 31 July 2017

Source: SEAISI
ASEAN’s scrap demand increased slightly by 3.7% y-o-y to 19.1 million tonnes in 2016. Domestic supplied was stagnant, increasing by only 1.7% y-o-y to 14.8 million tonnes. Import rose by 11.3% y-o-y to 6.3 million tonnes. Export grew at a similar rate with import at 11.3% y-o-y to nearly 2 million tonnes. The main exporters were Philippines and Singapore. 
Scrap demand in Indonesia declined slightly by 2.2% y-o-y to 4.8 million tonnes in 2016. Domestic supply was down by 2.6% to 3.9 million tonnes. Import remained stagnant, at a million tonnes while export increased by more than 10% y-o-y to 58,718 tonnes in 2016. 
Malaysia’s scrap demand dropped significantly, by 24.6% y-o-y to 2.2 million tonnes in 2016. Domestic supply declined by half a million tonnes to 2 million tonnes in the same year. Import dropped from 440,383 tonnes in 2015 to 315,573 tonnes in 2016. Export, on the other hand, rose significantly, by three folds to 150,748 tonnes. 
Scrap demand in Philippines also showed a slight decline, by 1.5% y-o-y to 1.1 million tonnes. Domestic supply increased moderately, by 2.3% y-o-y to 1.6 million tonnes. Philippines is a net exporter for scrap and is the main supplier for many countries in ASEAN. The export continued to increase and the volume in 2016 was 450,000 tonnes. 
Apart from Philippines, Singapore is also a net exporter for scrap and is the other major scrap supplier in the ASEAN region. Domestic demand for scrap in Singapore increased by 2% y-o-y. Domestic supply dropped slightly, by nearly 1% y-o-y to 1.4 million tonnes in 2016. Export dropped by 2% y-o-y to 827,946 tonnnes. 
Thailand’s scrap demand remained unchanged, at 3.9 million tonnes. Domestic supply was also stagnant with a marginal increase of 0.8% y-o-y to 3.4 million tonnes. Import increased by 0.4% y-o-y to 953,066 tonnes while export rose significantly, by 8.5% y-o-y to 431,162 tonnes in 2016. 

Vietnam’s demand for scrap, on the other hand, rose significantly by 31% y-o-y to 6.4 million tonnes in 2016. Domestic supply, at 2.5 million tonnes, was a significant increase from 1.7 million tonnes in the previous year. Import rose sharply to nearly 4 million tonnes in the same year. Export was not substantial but the volume jumped by 44% y-o-y to 79,000 tonnes. 

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