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

Contents:

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

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

In 2022, the average import price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $46 per ton, picking up by 57% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($53 per ton), while the price for India amounted to $37 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.0%).

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

In 2022, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $341 per ton, with an increase of 54% against the previous year. Overall, the export price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 80%. As a result, the export price attained the peak level of $914 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -10.5% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of granulated slag (slag sand) from the manufacture of iron or steel, when their volume decreased by -5.8% to 85K tons. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 264%. As a result, imports reached the peak of 90K tons, and then dropped in the following year.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel soared to $3.9M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 275%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Japan (50.0K tons)
2. India (34.7K tons)

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

For the fourth year in a row, Kenya recorded growth in overseas shipments of granulated slag (slag sand) from the manufacture of iron or steel, which increased by 12% to 4.6K tons in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 3,716% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel soared to $1.6M in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,884%. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Uganda (4.6K tons)

Source: IndexBox Market Intelligence Platform