In 2023, South Africa dominated global exports of granulated slag with a share valued at $35.72 billion, driven by sustained growth of 3.46%. Japan and India followed with significant contributions, largely benefiting from 6.63% and 1.94% growth rates, respectively. Notable increases were observed in China (12.71%) and the United Arab Emirates (6.49%), indicating a strong demand surge. Conversely, Canada and Australia experienced declines, with export values dropping by 9.18% and 22.67%, respectively, hinting at regional market challenges.
Future trends to watch include:
• Continued demand increase in Asia, particularly in China and India, as infrastructure projects expand.
• Potential market recovery for Canada and Australia, depending on global economic conditions.
• Growing interest in environmentally sustainable slag applications might shift export dynamics.
Top countries in Export of Granulated Slag (Slag Sand) From Iron or Steel Industry Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 35.72 | 2023 | +3.44% | +3.46% | View data |
| 2 | 2 Japan | 15.51 | 2023 | +4.06% | +6.63% | View data |
| 3 | 3 India | 7.05 | 2023 | +5.6% | +1.94% | View data |
| 4 | 4 Spain | 5.36 | 2023 | +4.77% | +4.38% | View data |
| 5 | 5 Netherlands | 5.34 | 2023 | +3.85% | +4.04% | View data |
| 6 | 6 Germany | 4.2 | 2023 | +1.51% | +0.44% | View data |
| 7 | 7 China | 4.06 | 2023 | +3.65% | +12.71% | View data |
| 8 | 8 France | 3.99 | 2023 | +4.07% | +3.63% | View data |
| 9 | 9 Brazil | 2.51 | 2023 | +6.6% | +3.17% | View data |
| 10 | 10 South Korea | 1.95 | 2023 | +5.79% | +2.06% | View data |
