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

Contents:

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

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

The average export price for granulated slag (slag sand) from the manufacture of iron or steel stood at $20 per ton in 2022, dropping by -12.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 2,336%. The export price peaked at $1,032 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($26 per ton), while the average price for exports to Sweden ($17 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 Estonia (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $118 per ton in 2022, surging by 1.6% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 1,275%. As a result, import price attained the peak level of $6,879 per ton. From 2016 to 2022, the average 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 Sweden ($338 per ton), while the price for Russia amounted to $50 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 99K tons of granulated slag (slag sand) from the manufacture of iron or steel were exported from Finland; which is down by -19% compared with 2021. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 407% against the previous year. As a result, the exports attained the peak of 122K tons, and then dropped rapidly in the following year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel shrank notably to $2M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 462%. As a result, the exports attained the peak of $2.8M, and then fell sharply in the following year.

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

1. Sweden (51.7K tons)
2. United Kingdom (24.2K tons)
3. Latvia (22.9K tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of granulated slag (slag sand) from the manufacture of iron or steel, when their volume decreased by -18.6% to 2.5K tons. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 268%. As a result, imports reached the peak of 3.1K tons, and then dropped markedly in the following year.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel shrank sharply to $298K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of $360K, and then shrank sharply in the following year.

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

1. Russia (1918.9 tons)
2. Sweden (578.1 tons)

Source: IndexBox Market Intelligence Platform