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

Contents:

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

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

The average import price for granulated slag (slag sand) from the manufacture of iron or steel stood at $14 per ton in 2022, which is down by -2.7% against the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 18%. The import price peaked at $43 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Malaysia ($21 per ton), while the price for Japan ($5.1 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $69 per ton, declining by -9.7% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 51%. Over the period under review, the average export prices reached the peak figure at $76 per ton in 2021, and then shrank in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($70 per ton), while the average price for exports to Indonesia amounted to $61 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+15.9%).

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

In 2022, approx. 3.9M tons of granulated slag (slag sand) from the manufacture of iron or steel were imported into Bangladesh; remaining stable against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 2.7% against the previous year.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel fell to $55M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8.7% against the previous year. As a result, imports attained the peak of $58M, and then fell modestly in the following year.

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

1. India (2006.0K tons)
2. Japan (1174.9K tons)
3. Vietnam (308.5K tons)
4. China (169.8K tons)
5. Malaysia (133.7K tons)
6. Indonesia (80.5K tons)

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

Exports of granulated slag (slag sand) from the manufacture of iron or steel from Bangladesh reduced markedly to 19K tons in 2022, declining by -16.9% against the previous year. Overall, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, the exports reached the peak of 23K tons, and then dropped dramatically in the following year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel fell notably to $1.3M in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. As a result, the exports reached the peak of $1.7M, and then dropped sharply in the following year.

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

1. Malaysia (16.4K tons)
2. Indonesia (2.6K tons)

Source: IndexBox Market Intelligence Platform