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

Contents:

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

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

In 2022, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $57 per ton, rising by 39% against the previous year. In general, the export price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 83%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($72 per ton), while the average price for exports to the United States ($27 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 South Africa (+28.6%), 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 Spain (CIF) - 2022

The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $63 per ton in 2022, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 166%. The import price peaked at $323 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,511 per ton), while the price for Japan ($11 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+41.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of granulated slag (slag sand) from the manufacture of iron or steel exported from Spain declined markedly to 573K tons, which is down by -40.7% against the previous year's figure. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports reached the peak of 965K tons, and then dropped markedly in the following year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel dropped dramatically to $33M in 2022. The total export value increased at an average annual rate of +3.3% over the period 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 when exports increased by 40%. As a result, the exports attained the peak of $40M, and then dropped notably in the following year.

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

1. United Kingdom (368.1K tons)
2. Ireland (145.9K tons)
3. South Africa (21.9K tons)
4. Portugal (19.6K tons)
5. France (8.8K tons)

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

In 2022, approx. 394K tons of granulated slag (slag sand) from the manufacture of iron or steel were imported into Spain; rising by 49% on 2021. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 3,668% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel skyrocketed to $25M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,319%. Over the period under review, imports of granulated slag (slag sand) from manufacture of iron or steel reached the maximum in 2022 and are likely to continue growth in years to come.

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

1. Japan (329.0K tons)
2. France (47.2K tons)
3. Turkey (12.5K tons)
4. Netherlands (4.8K tons)

Source: IndexBox Market Intelligence Platform