Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia - 2023

Contents:

1. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia (CIF) - 2022
2. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia (FOB) - 2022
3. Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia
4. Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia (CIF) - 2022

In 2022, the average import price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $6.7 per ton, approximately reflecting the previous year. Overall, the import price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 44%. Over the period under review, average import prices reached the maximum at $9.7 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($68 per ton), while the price for Japan totaled $5.4 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.5%).

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia (FOB) - 2022

The average export price for granulated slag (slag sand) from the manufacture of iron or steel stood at $43,397 per ton in 2022, surging by 19,904% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +56.9% per year.

Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia

In 2022, the amount of granulated slag (slag sand) from the manufacture of iron or steel imported into Australia totaled 1.4M tons, surging by 13% on 2021 figures. The total import volume increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel expanded markedly to $9.2M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Over the period under review, imports of granulated slag (slag sand) from manufacture of iron or steel attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel to Australia in 2022:

1. Japan (1333.2K tons)
2. Vietnam (28.8K tons)

Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Australia

Exports of granulated slag (slag sand) from the manufacture of iron or steel from Australia contracted rapidly to 780 kg in 2022, waning by -96.3% compared with the year before. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel skyrocketed to $34K in 2022. In general, exports saw a deep reduction.

Top Export Markets for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel from Australia in 2022:

1. Malaysia (780.0 kg)

Source: IndexBox Market Intelligence Platform