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

Contents:

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

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

In 2022, the average import price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $23 per ton, shrinking by -54% against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 86% against the previous year. As a result, import price reached the peak level of $50 per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($34 per ton), while the price for Brazil ($17 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.6%), while the prices for the other major suppliers experienced a decline.

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

In 2021, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $110 per ton, growing by 26% against the previous year. In general, the export price, however, showed a deep setback. The export price peaked at $151 per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2016 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to -13.6% per year.

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

In 2022, imports of granulated slag (slag sand) from the manufacture of iron or steel into Ghana skyrocketed to 254K tons, jumping by 36% against 2021. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 112%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel dropped markedly to $5.8M in 2022. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 295% against the previous year. As a result, imports attained the peak of $9.2M, and then shrank dramatically in the following year.

Import of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.11.31.02.0-1.6%
Japan0.70.50.91.837.0%
IndiaN/AN/AN/A1.10%
Italy0.8N/AN/A0.4-20.6%
VietnamN/A0.43.1N/A675.0%
Turkey0.9N/AN/AN/A0%
Others0.3N/A4.30.410.1%
Total4.72.39.25.87.3%

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

  1. Brazil (116.2K tons)
  2. Japan (60.9K tons)
  3. India (32.1K tons)
  4. Italy (22.2K tons)

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

For the third consecutive year, Ghana recorded growth in overseas shipments of granulated slag (slag sand) from the manufacture of iron or steel, which increased by 455% to 2.8K tons in 2021. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel surged to $304K in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Ghana (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
IndonesiaN/AN/A1520%
Cote d'Ivoire51.943.6N/A-16.0%
OthersN/AN/A1520%
Total51.943.6304142.0%

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

  1. Indonesia (1.4K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Granulated slag (slag sand) from the manufacture of iron or steel - Ghana