Price for Zirconium; Articles Thereof, Including Waste and Scrap in China - 2024
Contents:
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in China (CIF) - 2022
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in China (FOB) - 2024
- Imports of Zirconium; Articles Thereof, Including Waste and Scrap in China
- Exports of Zirconium; Articles Thereof, Including Waste and Scrap in China
Price for Zirconium; Articles Thereof, Including Waste and Scrap in China (CIF) - 2022
In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $85,962 per ton, shrinking by -3.1% against the previous year. Overall, the import price, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56% against the previous year. The import price peaked at $88,722 per ton in 2021, and then dropped slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($152,768 per ton), while the price for Canada ($15,169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zirconium; Articles Thereof, Including Waste and Scrap in China (FOB) - 2024
In May 2024, the average export price for zirconium; articles thereof, including waste and scrap amounted to $75,497 per ton, with an increase of 53% against the previous month. Overall, export price indicated slight growth from May 2023 to May 2024: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2024 figures, export price for zirconium; articles thereof, including waste and scrap increased by +53.5% against April 2024 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Israel ($192K per ton), while the average price for exports to Japan ($32,784 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+51.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zirconium; Articles Thereof, Including Waste and Scrap in China
In 2022, imports of zirconium; articles thereof, including waste and scrap into China reduced markedly to 293 tons, waning by -29% on the year before. Overall, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.
In value terms, imports of zirconium; articles thereof, including waste and scrap dropped significantly to $25M in 2022. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 64%. As a result, imports attained the peak of $37M, and then contracted sharply in the following year.
| Import of Zirconium; Articles Thereof, Including Waste and Scrap in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.0 | 14.9 | 14.9 | 13.4 | 3.7% |
| United States | 11.2 | 2.7 | 3.2 | 6.8 | -15.3% |
| Germany | 3.7 | 1.4 | 1.0 | 2.4 | -13.4% |
| Canada | 3.0 | 2.3 | 0.7 | 0.7 | -38.4% |
| Sweden | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Russia | N/A | N/A | 14.9 | N/A | 0% |
| Others | 2.1 | 1.1 | 1.9 | 1.2 | -17.0% |
| Total | 32.1 | 22.4 | 36.6 | 25.2 | -7.8% |
Top Suppliers of Zirconium; Articles Thereof, Including Waste and Scrap to China in 2022:
- France (165.3 tons)
- United States (58.0 tons)
- Canada (43.7 tons)
- Germany (15.5 tons)
- Sweden (6.8 tons)
Exports of Zirconium; Articles Thereof, Including Waste and Scrap in China
In 2022, the amount of zirconium; articles thereof, including waste and scrap exported from China surged to 473 tons, picking up by 59% against 2021. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of zirconium; articles thereof, including waste and scrap surged to $25M in 2022. Over the period under review, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Zirconium; Articles Thereof, Including Waste and Scrap in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 2.0 | 3.6 | 6.9 | 85.7% |
| United States | 11.1 | 3.5 | 3.6 | 6.7 | -15.5% |
| Sweden | 3.7 | 4.3 | 2.9 | 5.0 | 10.6% |
| Pakistan | 0.9 | N/A | N/A | 1.5 | 18.6% |
| Germany | 2.9 | 1.4 | 1.4 | 0.9 | -32.3% |
| Japan | 0.5 | 0.4 | 0.8 | 0.8 | 17.0% |
| France | 0.3 | N/A | 0.2 | 0.2 | -12.6% |
| Others | 1.7 | 3.1 | 0.9 | 3.2 | 23.5% |
| Total | 21.2 | 14.7 | 13.4 | 25.1 | 5.8% |
Top Export Markets for Zirconium; Articles Thereof, Including Waste and Scrap from China in 2022:
- Sweden (117.9 tons)
- United States (100.7 tons)
- Russia (97.8 tons)
- Pakistan (48.9 tons)
- Germany (31.0 tons)
- Japan (17.6 tons)
- France (15.4 tons)
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