Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam - 2022
Contents:
- Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam (FOB) - 2022
- Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam (CIF) - 2022
- Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam
- Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam
Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam (FOB) - 2022
In 2022, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $79 per ton, with an increase of 4.3% against the previous year. Overall, the export price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 17%. Over the period under review, the average export prices attained the peak figure at $124 per ton in 2016; however, from 2017 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 Egypt ($206 per ton), while the average price for exports to Taiwan (Chinese) ($65 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 Australia (+55.7%), 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 Vietnam (CIF) - 2022
The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $49.4 per ton in May 2022, approximately equating the previous month. Over the period under review, the import price continues to indicate a notable expansion. The pace of growth appeared the most rapid in November 2021 an increase of less than 0.1% against the previous month. Over the period under review, average import prices attained the maximum at $49.4 per ton in March 2022; afterwards, it flattened through to May 2022.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From May 2021 to May 2022, the rate of growth in terms of prices for Japan amounted to +2.6% per month.
Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam
In 2022, overseas shipments of granulated slag (slag sand) from the manufacture of iron or steel decreased by -57.4% to 130K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. As a result, the exports reached the peak of 306K tons, and then dropped notably in the following year.
In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel fell remarkably to $10M in 2022. Over the period under review, exports faced a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $23M, and then fell rapidly in the following year.
| Export of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 7.7 | 7.1 | 4.8 | 3.9 | -20.3% |
| Taiwan (Chinese) | 1.8 | 3.5 | 2.1 | 2.4 | 10.1% |
| United Arab Emirates | 3.5 | 3.3 | 8.7 | 1.7 | -21.4% |
| Australia | N/A | 0.1 | 0.3 | 1.3 | 260.6% |
| Egypt | 2.7 | 0.4 | 0.2 | 0.6 | -39.4% |
| Bulgaria | N/A | 0.7 | 3.2 | N/A | 357.1% |
| Sri Lanka | 0.6 | 0.9 | 0.5 | N/A | -8.7% |
| Ghana | N/A | 0.7 | 2.0 | N/A | 185.7% |
| Others | 0.9 | 0.1 | 1.4 | 0.3 | -30.7% |
| Total | 17.1 | 16.7 | 23.1 | 10.3 | -15.5% |
Top Export Markets for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel from Vietnam in 2022:
- Bangladesh (57.7K tons)
- Taiwan (Chinese) (36.7K tons)
- United Arab Emirates (25.5K tons)
- Australia (6.5K tons)
- Egypt (2.7K tons)
Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam
For the third consecutive year, Vietnam recorded decline in purchases abroad of granulated slag (slag sand) from the manufacture of iron or steel, which decreased by -63.1% to 27K tons in 2022. In general, imports continue to indicate a sharp contraction. The smallest decline of -20.3% was in 2021.
In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel dropped rapidly to $1.4M in 2022. Over the period under review, imports continue to indicate a sharp slump. The smallest decline of -9.9% was in 2021.
| Import of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.1 | 2.9 | 2.7 | 1.3 | -36.6% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 5.2 | 3.0 | 2.7 | 1.4 | -35.4% |
Top Suppliers of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel to Vietnam in 2022:
- Japan (27.3K tons)
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