Price for Zirconium; Articles Thereof, Including Waste and Scrap in Ethiopia - 2022
Contents:
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in Ethiopia (CIF) - 2022
- Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Ethiopia
Price for Zirconium; Articles Thereof, Including Waste and Scrap in Ethiopia (CIF) - 2022
The average import price for zirconium; articles thereof, including waste and scrap stood at $12,075 per ton in 2022, falling by -43.9% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22%. The import price peaked at $34,062 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($37,143 per ton), while the price for China amounted to $6,167 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%), while the prices for the other major suppliers experienced a decline.
Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Ethiopia
In 2022, purchases abroad of zirconium; articles thereof, including waste and scrap was finally on the rise to reach 212 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of zirconium; articles thereof, including waste and scrap contracted sharply to $2.6K in 2022. In general, imports, however, faced a drastic downturn. The smallest decline of -9.1% was in 2020.
Import of Zirconium; Articles Thereof, Including Waste and Scrap in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.9 | 3.3 | 2.9 | 1.3 | -11.9% |
China | N/A | 0.1 | 0.2 | 1.1 | 231.7% |
Malaysia | 1.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0.2 | 0% |
Total | 3.8 | 3.4 | 3.1 | 2.6 | -11.9% |
Top Suppliers of Zirconium; Articles Thereof, Including Waste and Scrap to Ethiopia in 2022:
- China (174.0 kg)
- India (35.0 kg)
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