Price for Zirconium; Articles Thereof, Including Waste and Scrap in Canada - 2024

Contents:

  1. Price for Zirconium; Articles Thereof, Including Waste and Scrap in Canada (CIF) - 2022
  2. Price for Zirconium; Articles Thereof, Including Waste and Scrap in Canada (FOB) - 2024
  3. Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Canada
  4. Exports of Zirconium; Articles Thereof, Including Waste and Scrap in Canada

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

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $106,936 per ton, remaining stable against the previous year. Over the period under review, the import price recorded a slight increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 510% against the previous year. Over the period under review, average import prices attained the maximum at $1,031,096 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($154,948 per ton), while the price for the United States totaled $106,952 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%).

Price for Zirconium; Articles Thereof, Including Waste and Scrap in Canada (FOB) - 2024

In March 2024, the average export price for zirconium; articles thereof, including waste and scrap amounted to $162K per ton, with an increase of 168% against the previous month. In general, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in June 2023 an increase of 2,229% month-to-month. As a result, the export price reached the peak level of $268K per ton. From July 2023 to March 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was the United States ($268K per ton), while the average price for exports to France ($22,119 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of zirconium; articles thereof, including waste and scrap into Canada totaled 417 tons in 2022, remaining relatively unchanged against 2021. In general, imports, however, showed a slight decline. The pace of growth appeared the most rapid in 2020 when imports increased by 3.5% against the previous year. As a result, imports reached the peak of 455 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of zirconium; articles thereof, including waste and scrap reached $45M in 2022. Over the period under review, imports, however, showed a pronounced curtailment.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States46.145.442.242.9-2.4%
France1.40.80.71.3-2.4%
Others0.70.40.60.4-17.0%
Total48.146.643.544.6-2.5%

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

  1. United States (401.4 tons)
  2. France (8.1 tons)

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

In 2022, the amount of zirconium; articles thereof, including waste and scrap exported from Canada stood at 193 tons, approximately equating the previous year's figure. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 3.5% against the previous year.

In value terms, exports of zirconium; articles thereof, including waste and scrap dropped significantly to $10M in 2022. Overall, exports, however, showed a abrupt setback. The smallest decline of -3.5% was in 2020.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.27.16.65.2-14.1%
Romania3.34.14.01.9-16.8%
United States1.41.81.41.76.7%
GermanyN/AN/A0.10.5400.0%
Estonia0.2N/A0.10.426.0%
South Korea0.30.20.60.410.1%
Japan0.50.30.1N/A-55.3%
Others0.40.40.30.2-20.6%
Total14.313.813.210.3-10.4%

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

  1. China (102.1 tons)
  2. United States (45.4 tons)
  3. Romania (16.5 tons)
  4. Germany (9.8 tons)
  5. South Korea (7.7 tons)
  6. Estonia (7.3 tons)
  7. Japan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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