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

Contents:

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

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

The average import price for zirconium; articles thereof, including waste and scrap stood at $39,630 per ton in 2022, shrinking by -35.3% against the previous year. In general, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 51% against the previous year. The import price peaked at $61,218 per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($232,459 per ton), while the price for Finland ($3,258 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $86,112 per ton, picking up by 97% against the previous year. In general, the export price recorded temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 India ($256,728 per ton), while the average price for exports to Pakistan ($6,059 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+29.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of zirconium; articles thereof, including waste and scrap into Italy amounted to 88 tons in 2022, increasing by 14% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of zirconium; articles thereof, including waste and scrap declined significantly to $3.5M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of $4.7M, and then fell notably in the following year.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2342284891,48785.2%
United States4781,0703,0871,18435.3%
France408598524315-8.3%
Germany325237363280-4.8%
Netherlands57.755.845.375.99.6%
South Korea94582618765.8-58.9%
Poland18.5N/AN/A26.813.1%
FinlandN/AN/AN/A9.00%
Others25.228.637.535.712.3%
Total2,4903,0444,7333,47911.8%

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

  1. United States (25.0 tons)
  2. China (17.5 tons)
  3. France (17.3 tons)
  4. Germany (15.9 tons)
  5. Poland (5.8 tons)
  6. Finland (2.8 tons)
  7. Netherlands (2.0 tons)
  8. South Korea (0.3 tons)

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

In 2022, approx. 15 tons of zirconium; articles thereof, including waste and scrap were exported from Italy; with a decrease of -31.1% compared with the previous year's figure. Over the period under review, exports showed a sharp curtailment. The smallest decline of -15.2% was in 2020.

In value terms, exports of zirconium; articles thereof, including waste and scrap skyrocketed to $1.3M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A7280%
United States32.81.6357278103.9%
France3.917420261.9151.3%
PakistanN/AN/AN/A22.60%
Spain67582430221.2-68.4%
SwedenN/AN/AN/A19.50%
AlgeriaN/AN/AN/A19.30%
Germany26736.022.80.2-90.9%
Others12423481.01598.6%
Total1,1031,2709651,3105.9%

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

  1. United States (4.7 tons)
  2. Pakistan (3.7 tons)
  3. India (2.8 tons)
  4. Algeria (1.0 tons)
  5. France (1.0 tons)
  6. Sweden (0.9 tons)
  7. Spain (0.5 tons)

Source: IndexBox Market Intelligence Platform

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