Price for Zirconium; Articles Thereof, Including Waste and Scrap in Nigeria - 2023
Contents:
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in Nigeria (CIF) - 2022
- Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Nigeria
Price for Zirconium; Articles Thereof, Including Waste and Scrap in Nigeria (CIF) - 2022
The average import price for zirconium; articles thereof, including waste and scrap stood at $6,848 per ton in 2022, dropping by -97% against the previous year. Overall, the import price saw a dramatic downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 180%. As a result, import price attained the peak level of $270,265 per ton. From 2020 to 2022, the average 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 ($802,333 per ton), while the price for Hong Kong SAR ($3,509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+26.3%).
Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Nigeria
Imports of zirconium; articles thereof, including waste and scrap into Nigeria soared to 8.6 tons in 2022, picking up by 17,731% compared with 2021 figures. Overall, imports showed a significant increase. 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 soared to $59K in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,437% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Zirconium; Articles Thereof, Including Waste and Scrap in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 28.8 | 0% |
| India | 2.9 | 0.5 | 8.1 | 23.7 | 101.4% |
| Others | 15.5 | 0.2 | 2.9 | 6.1 | -26.7% |
| Total | 18.4 | 0.7 | 10.9 | 58.6 | 47.1% |
Top Suppliers of Zirconium; Articles Thereof, Including Waste and Scrap to Nigeria in 2022:
- Hong Kong SAR (8.2 tons)
- India (0.3 tons)
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