Price for Zirconium; Articles Thereof, Including Waste and Scrap in Oman - 2022

Contents:

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

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

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $9,758 per ton, which is down by -12.2% against the previous year. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 90% against the previous year. The import price peaked at $36,210 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($88,222 per ton), while the price for the United Arab Emirates ($6,480 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 Arab Emirates (+3.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for zirconium; articles thereof, including waste and scrap stood at $184,667 per ton in 2022, with an increase of 1,079% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2018 to 2022, the rate of growth in terms of prices for Qatar amounted to -48.6% per year.

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

For the fourth year in a row, Oman recorded growth in supplies from abroad of zirconium; articles thereof, including waste and scrap, which increased by 14% to 887 kg in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of zirconium; articles thereof, including waste and scrap reached $8.7K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +44.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.53.20.24.319.8%
Netherlands1.41.10.22.419.7%
United States1.70.90.11.93.8%
NorwayN/AN/A7.7N/A0%
QatarN/AN/A0.5N/A0%
TurkeyN/AN/AN/AN/A0%
Others0.50.7N/A0.1-41.5%
Total6.26.08.68.712.0%

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

  1. United Arab Emirates (665.0 kg)
  2. United States (193.0 kg)
  3. Netherlands (27.0 kg)

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

In 2022, shipments abroad of zirconium; articles thereof, including waste and scrap decreased by -99.1% to 3 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 3,310% against the previous year. As a result, the exports attained the peak of 341 kg, and then fell dramatically in the following year.

In value terms, exports of zirconium; articles thereof, including waste and scrap contracted significantly to $554 in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 4,463% against the previous year. As a result, the exports reached the peak of $5.3K, and then declined sharply in the following year.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Oman (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Czech RepublicN/AN/A0.60%
FranceN/A5.3N/A0%
Qatar0.1N/AN/A0%
OthersN/AN/AN/A0%
Total0.15.30.6144.9%

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

  1. Czech Republic (3.0 kg)

Source: IndexBox Market Intelligence Platform

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