Price for Germanium Oxides and Zirconium Dioxide in India - 2023

Contents:

1. Price for Germanium Oxides and Zirconium Dioxide in India (CIF) - 2023
2. Price for Germanium Oxides and Zirconium Dioxide in India (FOB) - 2022
3. Imports of Germanium Oxides and Zirconium Dioxide in India
4. Exports of Germanium Oxides and Zirconium Dioxide in India

Price for Germanium Oxides and Zirconium Dioxide in India (CIF) - 2023

The average import price for germanium oxides and zirconium dioxides stood at $10,946 per ton in July 2023, picking up by 16% against the previous month. Overall, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in September 2022 when the average import price increased by 101% against the previous month. As a result, import price attained the peak level of $23,578 per ton. From October 2022 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($30,154 per ton), while the price for Australia ($5,018 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Germanium Oxides and Zirconium Dioxide in India (FOB) - 2022

The average export price for germanium oxides and zirconium dioxides stood at $4,919 per ton in 2022, reducing by -3.6% against the previous year. Over the period under review, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 198%. The export price peaked at $7,917 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($12,059 per ton), while the average price for exports to Iran ($3,252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Germanium Oxides and Zirconium Dioxide in India

In 2022, after three years of growth, there was significant decline in purchases abroad of germanium oxides and zirconium dioxides, when their volume decreased by -13% to 2.8K tons. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 3.2K tons, and then dropped in the following year.

In value terms, germanium oxides and zirconium dioxide imports soared to $35M in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Germanium Oxides and Zirconium Dioxide to India in 2022:

1. China (1159.5 tons)
2. South Africa (522.3 tons)
3. Bahrain (327.6 tons)
4. Australia (229.4 tons)
5. United States (219.0 tons)
6. Japan (181.4 tons)
7. France (120.2 tons)

Exports of Germanium Oxides and Zirconium Dioxide in India

In 2022, overseas shipments of germanium oxides and zirconium dioxides decreased by -4.9% to 151 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 144%. As a result, the exports attained the peak of 243 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, germanium oxides and zirconium dioxide exports reduced to $741K in 2022. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 144%. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Germanium Oxides and Zirconium Dioxide from India in 2022:

1. United States (138.9 tons)
2. Australia (9.7 tons)

Source: IndexBox Market Intelligence Platform