In 2024, the UK market for granulated slag from iron or steel manufacturings increased by X% to $X, rising for the eighth year in a row after two years of decline. In general, the total consumption indicated a resilient expansion from 2012 to 2024: its value increased at an average annual rate of X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by X% against 2016 indices. Consumption of peaked in 2024 and is expected to retain growth in the near future.
Production of Granulated Slag from Iron or Steel Manufacturing in the UK
In value terms, production of granulated slag from iron or steel manufacturings expanded sharply to $X in 2024 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2024: its value increased at an average annual rate of X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production increased by X% against 2016 indices. The growth pace was the most rapid in 2013 when the production volume increased by X%. Production of peaked in 2024 and is expected to retain growth in years to come.
Exports of Granulated Slag from Iron or Steel ManufacturingExports from the UK
In 2024, overseas shipments of granulated slag from iron or steel manufacturings were finally on the rise to reach X tons for the first time since 2019, thus ending a four-year declining trend. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2024, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of granulated slag from iron or steel manufacturings reached $X in 2024. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2024, the growth of the exports of remained at a somewhat lower figure.
Exports by Country
Saudi Arabia (X tons) was the main destination for exports of granulated slag from iron or steel manufacturings from the UK, accounting for a X% share of total exports. Moreover, exports of granulated slag from iron or steel manufacturings to Saudi Arabia exceeded the volume sent to the second major destination, Tanzania (X tons), threefold. Ireland (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2024, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Ireland (X% per year).
In value terms, Saudi Arabia ($X) remains the key foreign market for granulated slag from iron or steel manufacturings exports from the UK, comprising X% of total exports. The second position in the ranking was held by Ireland ($X), with a X% share of total exports. It was followed by Tanzania, with a X% share.
From 2012 to 2024, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and Tanzania (X% per year).
Export Prices by Country
The average export price for granulated slag from iron or steel manufacturings stood at $X per ton in 2024, dropping by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2024, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Granulated Slag from Iron or Steel ManufacturingImports into the UK
In 2024, the amount of granulated slag from iron or steel manufacturings imported into the UK surged to X tons, rising by X% compared with the previous year. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports of hit record highs in 2024 and are expected to retain growth in the immediate term.
In value terms, imports of granulated slag from iron or steel manufacturings expanded markedly to $X in 2024. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure in 2024 and are likely to see steady growth in the immediate term.
Imports by Country
Germany (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of imports of granulated slag from iron or steel manufacturings to the UK, with a combined X% share of total imports. France, Japan, Finland, Italy, Belgium and Ireland lagged somewhat behind, together comprising a further X%.
From 2012 to 2024, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), Spain ($X) and Germany ($X) constituted the largest granulated slag from iron or steel manufacturing suppliers to the UK, with a combined X% share of total imports.
Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2024, the average import price for granulated slag from iron or steel manufacturings amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2022 an increase of X%. The import price peaked at $X per ton in 2023, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
The country with the largest volume of consumption of granulated slag from iron or steel manufacturings was China, accounting for 64% of total volume. Moreover, consumption of granulated slag from iron or steel manufacturings in China exceeded the figures recorded by the second-largest consumer, India, tenfold. The third position in this ranking was held by Japan, with a 4.6% share.
China remains the largest granulated slag from iron or steel manufacturing producing country worldwide, accounting for 65% of total volume. Moreover, production of granulated slag from iron or steel manufacturings in China exceeded the figures recorded by the second-largest producer, India, tenfold. The third position in this ranking was taken by Japan, with a 5.3% share.
In value terms, the Netherlands, Spain and Germany were the largest granulated slag from iron or steel manufacturing suppliers to the UK, with a combined 64% share of total imports.
In value terms, Saudi Arabia remains the key foreign market for granulated slag from iron or steel manufacturings exports from the UK, comprising 54% of total exports. The second position in the ranking was taken by Ireland, with a 16% share of total exports. It was followed by Tanzania, with a 13% share.
The average export price for granulated slag from iron or steel manufacturings stood at $194 per ton in 2024, which is down by -8.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 252% against the previous year. Over the period under review, the average export prices hit record highs at $229 per ton in 2015; however, from 2016 to 2024, the export prices stood at a somewhat lower figure.
The average import price for granulated slag from iron or steel manufacturings stood at $91 per ton in 2024, shrinking by -11.3% against the previous year. Over the period under review, the import price, however, posted strong growth. The growth pace was the most rapid in 2022 an increase of 93% against the previous year. The import price peaked at $102 per ton in 2023, and then reduced in the following year.
This report provides an in-depth analysis of the market for granulated slag from iron or steel manufacturing in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:Granulated Slag from Iron or Steel ManufacturingCountry coverage:Data coverage:Market volume and valuePer Capita consumptionForecast of the market dynamics in the medium termTrade (exports and imports) in the UKExport and import pricesMarket trends, drivers and restraintsKey market players and their profilesReasons to buy this report:Take advantage of the latest dataFind deeper insights into current market developmentsDiscover vital success factors affecting the market
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