Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia - 2023
Contents:
- Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia (FOB) - 2022
- Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia (CIF) - 2022
- Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia
- Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia
Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia (FOB) - 2022
The average export price for granulated slag (slag sand) from the manufacture of iron or steel stood at $49 per ton in 2022, increasing by 31% against the previous year. Overall, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs at $82 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($29,064 per ton), while the average price for exports to Bangladesh ($18 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 Taiwan (Chinese) (+729.1%), 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 Malaysia (CIF) - 2022
In 2022, the average import price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $21 per ton, increasing by 9.9% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 37%. The import price peaked at $38 per ton in 2020; however, from 2021 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 Oman ($70 per ton), while the price for Singapore ($12 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+24.6%), 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 Malaysia
After three years of growth, shipments abroad of granulated slag (slag sand) from the manufacture of iron or steel decreased by -38.6% to 568K tons in 2022. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. As a result, the exports reached the peak of 925K tons, and then dropped remarkably in the following year.
In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel declined rapidly to $28M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of $35M, and then shrank dramatically in the following year.
| Export of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 12.6 | 10.4 | 23.9 | 23.4 | 22.9% |
| Bangladesh | 6.8 | 10.5 | 7.0 | 2.5 | -28.4% |
| Taiwan (Chinese) | 1.6 | 6.1 | 1.9 | 1.7 | 2.0% |
| Hong Kong SAR | 3.1 | 1.1 | N/A | N/A | -64.5% |
| United Arab Emirates | 1.2 | 0.9 | 0.7 | N/A | -23.6% |
| Others | 2.2 | 0.6 | 1.1 | 0.2 | -55.0% |
| Total | 27.5 | 29.5 | 34.6 | 27.8 | 0.4% |
Top Export Markets for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel from Malaysia in 2022:
- Singapore (429.0K tons)
- Bangladesh (136.9K tons)
- Taiwan (Chinese) (0.1K tons)
Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia
In 2022, approx. 409K tons of granulated slag (slag sand) from the manufacture of iron or steel were imported into Malaysia; with a decrease of -48% on the previous year's figure. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 218% against the previous year. As a result, imports reached the peak of 787K tons, and then contracted sharply in the following year.
In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel dropped notably to $8.8M in 2022. In general, imports saw a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $15M, and then reduced dramatically in the following year.
| Import of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.7 | 4.5 | 8.1 | 4.3 | -13.7% |
| Bangladesh | 0.6 | 0.8 | 1.6 | 1.1 | 22.4% |
| Oman | N/A | 0.7 | N/A | 0.9 | 13.4% |
| Taiwan (Chinese) | 0.6 | 2.2 | 3.2 | 0.8 | 10.1% |
| Singapore | 0.4 | 0.1 | 0.8 | 0.2 | -20.6% |
| Hong Kong SAR | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 1.1 | 1.6 | 1.4 | 20.5% |
| Total | 9.8 | 9.4 | 15.4 | 8.8 | -3.5% |
Top Suppliers of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel to Malaysia in 2022:
- Japan (317.3K tons)
- Bangladesh (24.4K tons)
- Taiwan (Chinese) (21.4K tons)
- Singapore (13.7K tons)
- Oman (13.0K tons)
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