South-Eastern Asia: Mixtures Of Slag Market 2024

Mixtures Of Slag Market Size in South-Eastern Asia

The Southeast Asian mixtures of slag market surged to $X in 2021, increasing by 117% against the previous year. Overall, consumption, however, recorded a precipitous decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Mixtures Of Slag Production in South-Eastern Asia

In value terms, mixtures of slag production dropped to $X in 2021 estimated in export price. Over the period under review, production showed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 54% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Mixtures Of Slag Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of mixtures of slag decreased by -5.9% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 978%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, mixtures of slag exports declined to $X in 2021. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 94% against the previous year. The level of export peaked at $X in 2020, and then dropped in the following year.

Exports by Country

The shipments of the one major exporters of mixtures of slag, namely Lao People's Democratic Republic, represented more than two-thirds of total export.

Lao People's Democratic Republic was also the fastest-growing in terms of the mixtures of slag exports, with a CAGR of +22.2% from 2012 to 2021. From 2012 to 2021, the share of Lao People's Democratic Republic increased by +6.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lao People's Democratic Republic ($X) also remains the largest mixtures of slag supplier in South-Eastern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Lao People's Democratic Republic totaled +33.4%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, dropping by -4.2% against the previous year. Overall, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the export price increased by 650%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2021, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +9.2% per year.

Mixtures Of Slag Imports

Imports in South-Eastern Asia

In 2021, supplies from abroad of mixtures of slag decreased by -22.7% to X tons, falling for the third year in a row after seven years of growth. In general, imports, however, saw slight growth. The growth pace was the most rapid in 2018 when imports increased by 45%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, mixtures of slag imports shrank significantly to $X in 2021. Over the period under review, imports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 38% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Singapore dominates imports structure, reaching X tons, which was near 94% of total imports in 2021. Myanmar (X tons) and Cambodia (X tons) held a minor share of total imports.

Singapore experienced a relatively flat trend pattern with regard to volume of imports of mixtures of slag. At the same time, Myanmar (+20.8%) and Cambodia (+20.0%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +20.8% from 2012-2021. Myanmar (+2.3 p.p.) and Cambodia (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by -4.6% from 2012 to 2021, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported mixtures of slag in South-Eastern Asia, comprising 87% of total imports. The second position in the ranking was held by Myanmar ($X), with a 4.4% share of total imports.

In Singapore, mixtures of slag imports expanded at an average annual rate of +2.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Myanmar (+15.5% per year) and Cambodia (+20.0% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by 4.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2019 when the import price increased by 15% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Myanmar ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+1.5%).

Source: IndexBox Platform

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