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

Contents:

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

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

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $10,131 per ton, falling by -27.8% against the previous year. In general, the import price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 48%. The import price peaked at $14,829 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($32,719 per ton), while the price for Taiwan (Chinese) ($5,359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+109.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zirconium; articles thereof, including waste and scrap stood at $34,709 per ton in 2022, increasing by 46% against the previous year. In general, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 312% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($39,355 per ton), while the average price for exports to Australia stood at $9,995 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Malaysia recorded growth in purchases abroad of zirconium; articles thereof, including waste and scrap, which increased by 116% to 172 tons in 2022. In general, imports showed significant growth. 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 surged to $1.7M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A32.87012037.2%
Germany23251059460637.7%
China2873683363325.0%
United States30.943.439.972.833.1%
Japan24.938.511012.3-20.9%
Others23.925.26.918.5-8.2%
Total5999851,1201,74242.7%

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

  1. Taiwan (Chinese) (130.8 tons)
  2. Germany (24.2 tons)
  3. China (10.9 tons)
  4. United States (2.2 tons)
  5. Japan (1.0 tons)

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

In 2022, after two years of growth, there was significant decline in shipments abroad of zirconium; articles thereof, including waste and scrap, when their volume decreased by -88.1% to 1.2 tons. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 833% against the previous year. As a result, the exports attained the peak of 9.9 tons, and then shrank dramatically in the following year.

In value terms, exports of zirconium; articles thereof, including waste and scrap contracted significantly to $41K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,147% against the previous year. As a result, the exports attained the peak of $236K, and then dropped remarkably in the following year.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Malaysia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndiaN/A76.039.4-48.2%
AustraliaN/AN/A1.90%
SwitzerlandN/A154N/A0%
Vietnam8.0N/AN/A0%
United States2.5N/AN/A0%
SingaporeN/A5.5N/A0%
OthersN/AN/AN/A0%
Total10.523641.298.1%

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

  1. India (1000.0 kg)
  2. Australia (188.0 kg)

Source: IndexBox Market Intelligence Platform

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