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

Contents:

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

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

The average import price for zirconium; articles thereof, including waste and scrap stood at $65,775 per ton in 2022, falling by -10.1% against the previous year. In general, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 39%. The import price peaked at $161,898 per ton in 2014; however, from 2015 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 China ($68,628 per ton), while the price for the United States totaled $43,814 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $63,522 per ton, declining by -83.7% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 433% against the previous year. The export price peaked at $389,650 per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($140,539 per ton), while the average price for exports to Germany ($12,103 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 China (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of zirconium; articles thereof, including waste and scrap decreased by -17% to 113 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 18%.

In value terms, imports of zirconium; articles thereof, including waste and scrap fell notably to $7.4M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24%.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A2.03.66.985.7%
United States6.03.84.30.6-53.6%
Germany0.42.31.6N/A100.0%
Others0.50.40.4N/A-10.6%
Total6.98.510.07.42.4%

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

  1. China (100.0 tons)
  2. United States (13.0 tons)

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

In 2022, the amount of zirconium; articles thereof, including waste and scrap exported from Russia fell rapidly to 22 tons, waning by -62.9% against the previous year's figure. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 241% against the previous year.

In value terms, exports of zirconium; articles thereof, including waste and scrap dropped notably to $1.4M in 2022. Overall, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,224%. As a result, the exports attained the peak of $23M, and then declined markedly in the following year.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.21.47.40.751.8%
United KingdomN/AN/AN/A0.30%
United StatesN/AN/A0.20.20.0%
BrazilN/AN/AN/A0.10%
Germany0.20.10.1N/A-29.3%
Belgium0.60.1N/AN/A-83.3%
ChinaN/AN/A14.9N/A0%
Others0.20.10.1N/A-29.3%
Total1.21.722.71.45.3%

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

  1. United Kingdom (11.0 tons)
  2. South Korea (4.7 tons)
  3. United States (3.5 tons)
  4. Brazil (1.7 tons)
  5. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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