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

Contents:

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

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

In 2022, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $708 per ton, increasing by 30% against the previous year. Overall, the export price, however, recorded a pronounced slump. The export price peaked at $880 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($888 per ton), while the average price for exports to Brazil ($553 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 Brazil (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $4,200 per ton in 2022, surging by 10,152% against the previous year. Overall, the import price recorded a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($54,571 per ton), while the price for Ireland ($67 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+1,327.6%).

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

After three years of growth, overseas shipments of granulated slag (slag sand) from the manufacture of iron or steel decreased by -27.8% to 354K tons in 2022. Over the period under review, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, the exports attained the peak of 490K tons, and then declined remarkably in the following year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel shrank to $251M in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $267M, and then reduced in the following year.

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

1. United States (201.2K tons)
2. Netherlands (110.2K tons)
3. Saudi Arabia (18.9K tons)
4. Brazil (17.4K tons)

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

In 2022, purchases abroad of granulated slag (slag sand) from the manufacture of iron or steel decreased by -99.4% to 95 kg, falling for the second year in a row after two years of growth. In general, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 82,283%. As a result, imports reached the peak of 16K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel shrank sharply to $399 in 2022. Over the period under review, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 383,051%. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Ireland (60.0 kg)
2. Zimbabwe (17.0 kg)
3. Kenya (11.0 kg)
4. France (7.0 kg)

Source: IndexBox Market Intelligence Platform