Price for Zirconium; Articles Thereof, Including Waste and Scrap in Singapore - 2023

Contents:

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

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

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $9,667 per ton, shrinking by -19.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 144% against the previous year. As a result, import price attained the peak level of $36,101 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25,222 per ton), while the price for Taiwan (Chinese) ($7,052 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $44,370 per ton, falling by -60.4% against the previous year. Overall, the export price, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2015 an increase of 515% against the previous year. As a result, the export price reached the peak level of $133,421 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($291,431 per ton), while the average price for exports to Japan ($13,158 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 (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Singapore recorded growth in overseas purchases of zirconium; articles thereof, including waste and scrap, which increased by 56% to 125 tons in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 264%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of zirconium; articles thereof, including waste and scrap soared to $1.2M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 160%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10417221941758.9%
Taiwan (Chinese)10166.636938956.8%
China81.552.486.029353.2%
United States58.965.313347.0-7.2%
Others44.013.915764.213.4%
Total3903709631,21145.9%

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

  1. Japan (55.9 tons)
  2. Taiwan (Chinese) (55.2 tons)
  3. China (11.6 tons)
  4. United States (1.0 tons)

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

Exports of zirconium; articles thereof, including waste and scrap from Singapore surged to 6.5 tons in 2022, rising by 457% against 2021. Overall, exports showed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of zirconium; articles thereof, including waste and scrap surged to $287K in 2022. In general, exports, however, saw a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 222%.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.05.320.483.5337.1%
China14410.61.062.3-24.4%
JapanN/AN/AN/A48.40%
Malaysia21.421.922.243.827.0%
BelgiumN/AN/A14.533.8133.1%
Thailand1040.1N/AN/A-99.9%
Others58.82.672.115.3-36.2%
Total33040.5130287-4.5%

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

  1. Japan (3.7 tons)
  2. Indonesia (1.1 tons)
  3. Malaysia (1.0 tons)
  4. China (0.5 tons)
  5. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform

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