Market movement
In 2024, slag and ash n.e.c. in chapter 26: including seaweed ash (kelp) but excluding ash and residues from the incineration of municipal waste trade exhibited significant decline, with global flows reaching $387,130,808 and a three-year compound annual growth rate of -9.2% (five-year: -1.9%). The all-time peak of $516,819,022 was recorded in 2021; the current level is 25% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-9.1% acceleration).
