Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Nigeria - 2022
Contents:
- Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Nigeria (CIF) - 2022
- Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Nigeria
Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Nigeria (CIF) - 2022
The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $253 per ton in 2022, which is down by -57.8% against the previous year. Over the period under review, the import price, however, recorded slight growth. The pace of growth was the most pronounced in 2017 an increase of 170%. Over the period under review, average import prices attained the peak figure at $600 per ton in 2021, and then fell significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +36.8% per year.
Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Nigeria
In 2022, imports of granulated slag (slag sand) from the manufacture of iron or steel into Nigeria skyrocketed to 765 tons, rising by 460% on 2021. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel soared to $193K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 259% against the previous year. As a result, imports reached the peak of $232K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 193 | 0% |
| United States | 4.5 | 18.2 | 5.8 | N/A | 13.5% |
| France | 24.4 | 113 | 41.2 | N/A | 29.9% |
| South Africa | 1.6 | 6.4 | 2.0 | N/A | 11.8% |
| Netherlands | 25.4 | 65.2 | 20.8 | N/A | -9.5% |
| Others | 8.9 | 29.2 | 12.2 | N/A | 17.1% |
| Total | 64.7 | 232 | 82.0 | 193 | 44.0% |
Top Suppliers of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel to Nigeria in 2022:
- Italy (765.0 tons)
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