After two years of growth, the Belgian market for granulated slag from iron or steel manufacturings decreased by X% to $X in 2024. Overall, consumption, however, saw resilient growth. As a result, consumption attained the peak level of $X, and then fell in the following year.
Production of Granulated Slag from Iron or Steel Manufacturing in Belgium
In value terms, production of granulated slag from iron or steel manufacturings rose remarkably to $X in 2024 estimated in export price. Over the period under review, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, production of hit record highs in 2024 and is expected to retain growth in the near future.
Exports of Granulated Slag from Iron or Steel ManufacturingExports from Belgium
In 2024, the amount of granulated slag from iron or steel manufacturings exported from Belgium soared to X tons, rising by X% on the previous year’s figure. In general, exports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2024, the exports remained at a lower figure.
In value terms, exports of granulated slag from iron or steel manufacturings skyrocketed to $X in 2024. Overall, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2024 and are likely to continue growth in the near future.
Exports by Country
The UK (X tons) was the main destination for exports of granulated slag from iron or steel manufacturings from Belgium, accounting for a X% share of total exports. Moreover, exports of granulated slag from iron or steel manufacturings to the UK exceeded the volume sent to the second major destination, Germany (X tons), twofold. France (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2024, the average annual rate of growth in terms of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).
In value terms, the UK ($X) emerged as the key foreign market for granulated slag from iron or steel manufacturings exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.
From 2012 to 2024, the average annual growth rate of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (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, declining by X% against the previous year. Overall, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2024, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ireland ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Granulated Slag from Iron or Steel ManufacturingImports into Belgium
Imports of granulated slag from iron or steel manufacturings into Belgium contracted rapidly to X tons in 2024, with a decrease of X% on 2023. In general, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports of attained the peak figure at X tons in 2021; however, from 2022 to 2024, imports stood at a somewhat lower figure.
In value terms, imports of granulated slag from iron or steel manufacturings fell significantly to $X in 2024. Overall, imports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2023, and then plummeted in the following year.
Imports by Country
In 2024, Germany (X tons) constituted the largest granulated slag from iron or steel manufacturing supplier to Belgium, with a X% share of total imports. Moreover, imports of granulated slag from iron or steel manufacturings from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Japan (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2024, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).
In value terms, Germany ($X) constituted the largest supplier of granulated slag from iron or steel manufacturings to Belgium, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports. It was followed by China, with an X% share.
From 2012 to 2024, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and China (X% per year).
Import Prices by Country
In 2024, the average import price for granulated slag from iron or steel manufacturings amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
China constituted the country with the largest volume of consumption of granulated slag from iron or steel manufacturings, 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 constituted the country with the largest volume of production of granulated slag from iron or steel manufacturings, comprising approx. 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. Japan ranked third in terms of total production with a 5.3% share.
In value terms, Germany constituted the largest supplier of granulated slag from iron or steel manufacturings to Belgium, comprising 63% of total imports. The second position in the ranking was held by Japan, with an 11% share of total imports. It was followed by China, with an 8.7% share.
In value terms, the UK emerged as the key foreign market for granulated slag from iron or steel manufacturings exports from Belgium, comprising 60% of total exports. The second position in the ranking was held by Germany, with a 24% share of total exports. It was followed by France, with a 5.7% share.
In 2024, the average export price for granulated slag from iron or steel manufacturings amounted to $61 per ton, waning by -16.1% against the previous year. In general, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2018 an increase of 201% against the previous year. The export price peaked at $79 per ton in 2020; however, from 2021 to 2024, the export prices failed to regain momentum.
In 2024, the average import price for granulated slag from iron or steel manufacturings amounted to $53 per ton, with an increase of 7.9% against the previous year. In general, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 104%. The import price peaked at $54 per ton in 2019; however, from 2020 to 2024, import prices remained at a lower figure.
This report provides an in-depth analysis of the market for granulated slag from iron or steel manufacturing in Belgium. 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 BelgiumExport 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
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
How to diversify your business and benefit from new market opportunitiesHow to load your idle production capacityHow to boost your sales on overseas marketsHow to increase your profit marginsHow to make your supply chain more sustainableHow to reduce your production and supply chain costsHow to outsource production to other countriesHow to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.