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

Contents:

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

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

The average import price for zirconium; articles thereof, including waste and scrap stood at $110,764 per ton in 2022, picking up by 15% against the previous year. Overall, the import price saw a slight increase. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($308,237 per ton), while the price for South Korea ($24,426 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $136,759 per ton, with a decrease of -13.1% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2021 an increase of 96%. The export price peaked at $241,420 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Malaysia ($288,312 per ton), while the average price for exports to the UK ($16,884 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+67.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of zirconium; articles thereof, including waste and scrap imported into Japan rose rapidly to 283 tons, picking up by 5.9% against the previous year. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of zirconium; articles thereof, including waste and scrap surged to $31M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26%. 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 Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.711.415.221.630.6%
United States5.95.24.44.0-12.2%
Sweden0.10.82.52.4188.4%
China0.90.60.81.16.9%
Germany1.91.11.21.1-16.7%
United Kingdom0.80.70.90.80.0%
South KoreaN/A0.10.10.241.4%
Canada0.50.30.1N/A-55.3%
Others0.40.10.70.2-20.6%
Total20.420.425.731.315.3%

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

  1. France (138.7 tons)
  2. United States (63.3 tons)
  3. United Kingdom (29.2 tons)
  4. China (23.4 tons)
  5. South Korea (8.0 tons)
  6. Sweden (7.7 tons)
  7. Germany (7.1 tons)

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

Exports of zirconium; articles thereof, including waste and scrap from Japan surged to 151 tons in 2022, increasing by 33% compared with the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of zirconium; articles thereof, including waste and scrap surged to $21M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 199%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.40.310.813.2111.3%
South Korea1.71.21.22.513.7%
GermanyN/AN/A2.22.0-9.1%
MalaysiaN/AN/AN/A0.70%
Thailand0.30.30.30.518.6%
China0.82.00.40.4-20.6%
Taiwan (Chinese)0.20.10.90.1-20.6%
France0.20.20.20.1-20.6%
Russia0.40.40.3N/A-13.4%
Belgium0.30.1N/AN/A-66.7%
United Kingdom0.2N/A0.1N/A-29.3%
Netherlands1.4N/AN/AN/A0%
Others1.31.41.41.2-2.6%
Total8.35.917.820.635.4%

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

  1. United States (60.6 tons)
  2. South Korea (54.1 tons)
  3. Germany (10.8 tons)
  4. Thailand (8.7 tons)
  5. China (6.5 tons)
  6. Malaysia (2.4 tons)
  7. France (1.4 tons)
  8. Taiwan (Chinese) (0.6 tons)
  9. United Kingdom (0.6 tons)

Source: IndexBox Market Intelligence Platform

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