Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Slovakia - 2023

Contents:

1. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Slovakia (CIF) - 2023
2. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Slovakia (FOB) - 2022
3. Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Slovakia
4. Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Slovakia

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in Slovakia (CIF) - 2023

The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $34.1 per ton in October 2023, increasing by 36% against the previous month. Over the period under review, import price indicated mild growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for granulated slag (slag sand) from the manufacture of iron or steel increased by +23.1% against May 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 65% m-o-m. Over the period under review, average import prices hit record highs at $56.2 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From October 2022 to October 2023, the rate of growth in terms of prices for Ukraine amounted to +0.9% per month.

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

The average export price for granulated slag (slag sand) from the manufacture of iron or steel stood at $12 per ton in 2022, with an increase of 9.7% against the previous year. Overall, the export price showed a noticeable increase. The growth pace was the most rapid in 2020 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($15 per ton), while the average price for exports to Romania ($7.4 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 Austria (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of granulated slag (slag sand) from the manufacture of iron or steel imported into Slovakia skyrocketed to 303K tons, rising by 21% compared with 2021 figures. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 $7.8M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Czech Republic (244.9K tons)
2. Austria (55.1K tons)
3. Ukraine (3.1K tons)

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

After three years of growth, overseas shipments of granulated slag (slag sand) from the manufacture of iron or steel decreased by -11.1% to 536K tons in 2022. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of 603K tons, and then dropped in the following year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel fell slightly to $6.3M in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 113% against the previous year. As a result, the exports reached the peak of $6.4M, and then reduced in the following year.

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

1. Poland (305.9K tons)
2. Romania (176.5K tons)
3. Czech Republic (50.9K tons)
4. Austria (0.2K tons)

Source: IndexBox Market Intelligence Platform