Price for Zirconium; Articles Thereof, Including Waste and Scrap in Kuwait - 2022
Contents:
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
- Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Kuwait
Price for Zirconium; Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $151,053 per ton, approximately reflecting the previous year. In general, the import price posted a significant increase. The pace of growth was the most pronounced in 2017 an increase of 63%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 ($799,000 per ton), while the price for China ($6,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+66.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Kuwait
In 2022, overseas purchases of zirconium; articles thereof, including waste and scrap decreased by 0% to 19 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 120% against the previous year. As a result, imports attained the peak of 33 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of zirconium; articles thereof, including waste and scrap stood at $2.9K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 172% against the previous year. As a result, imports attained the peak of $3.5K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Zirconium; Articles Thereof, Including Waste and Scrap in Kuwait (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 523 | 2,133 | 1,626 | 1,615 | 45.6% |
Germany | 599 | 871 | 731 | 799 | 10.1% |
United Kingdom | 91.0 | 522 | 491 | 450 | 70.4% |
China | 5.0 | 15.0 | 9.0 | 6.0 | 6.3% |
Others | 86.0 | N/A | N/A | N/A | 0% |
Total | 1,304 | 3,541 | 2,857 | 2,870 | 30.1% |
Top Suppliers of Zirconium; Articles Thereof, Including Waste and Scrap to Kuwait in 2022:
- United States (14.0 kg)
- United Kingdom (3.0 kg)
- Germany (1.0 kg)
- China (1.0 kg)
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