Price for Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh - 2022

Contents:

  1. Price for Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh (CIF) - 2022
  2. Price for Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh (FOB) - 2022
  3. Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh
  4. Exports of Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh

Price for Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh (CIF) - 2022

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $52,509 per ton, reducing by -18.4% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 89%. Over the period under review, average import prices reached the peak figure at $150,991 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Montenegro ($1,049,286 per ton), while the price for India ($37,089 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced a decline.

Price for Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh (FOB) - 2022

In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $18,148 per ton, with an increase of 2.6% against the previous year. In general, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices hit record highs at $41,000 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($21,250 per ton), while the average price for exports to Denmark totaled $13,636 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-21.3%).

Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh

Imports of zirconium; articles thereof, including waste and scrap into Bangladesh surged to 1.2 tons in 2022, jumping by 252% compared with the year before. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,383% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of zirconium; articles thereof, including waste and scrap skyrocketed to $65K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 2,703%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A56.00%
Montenegro1.337.313.87.377.7%
India0.512.63.81.750.4%
United StatesN/AN/A5.1N/A0%
OthersN/AN/AN/AN/A0%
Total1.850.022.665.0230.5%

Top Suppliers of Zirconium; Articles Thereof, Including Waste and Scrap to Bangladesh in 2022:

  1. China (1186.0 kg)
  2. India (45.0 kg)
  3. Montenegro (7.0 kg)

Exports of Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh

In 2022, exports of zirconium; articles thereof, including waste and scrap from Bangladesh contracted rapidly to 27 kg, with a decrease of -56.5% against 2021 figures. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 786%. As a result, the exports reached the peak of 62 kg, and then contracted rapidly in the following year.

In value terms, exports of zirconium; articles thereof, including waste and scrap plummeted to $490 in 2022. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 684%.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A3400%
DenmarkN/AN/A1,097150-86.3%
Norway779140N/AN/A-82.0%
Switzerland485N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,2641401,097490-27.1%

Top Export Markets for Zirconium; Articles Thereof, Including Waste and Scrap from Bangladesh in 2022:

  1. Germany (16.0 kg)
  2. Denmark (11.0 kg)

Source: IndexBox Market Intelligence Platform

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