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

Contents:

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

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

In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $1,050 per ton, rising by 17% against the previous year. Over the period under review, the export price, however, recorded a sharp curtailment. The growth pace was the most rapid in 2018 an increase of 29% against the previous year. The export price peaked at $19,489 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.4% per year.

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

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $1,622 per ton, which is down by -20.4% against the previous year. Overall, the import price saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 112%. Over the period under review, average import prices attained the maximum at $29,089 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 France ($10,000 per ton), while the price for China amounted to $888 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-3.9%), while the prices for the other major suppliers experienced a decline.

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

Exports of zirconium; articles thereof, including waste and scrap from South Africa fell sharply to 9.6K tons in 2022, which is down by -45.7% against 2021 figures. Over the period under review, exports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports reached the peak of 18K tons, and then fell sharply in the following year.

In value terms, exports of zirconium; articles thereof, including waste and scrap declined significantly to $10M in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports attained the peak of $16M, and then contracted dramatically in the following year.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.511.415.89.9-4.9%
Others0.2N/AN/A0.20.0%
Total11.711.415.810.1-4.8%

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

  1. China (9.5K tons)

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

Imports of zirconium; articles thereof, including waste and scrap into South Africa soared to 156 tons in 2022, increasing by 72% compared with the year before. Over the period under review, 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 $253K in 2022. Overall, imports, however, showed a mild shrinkage.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18586.396.6138-9.3%
AustriaN/A52.0N/AN/A0%
Others83.092.588.511511.5%
Total268231185253-1.9%

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

  1. China (155.0 tons)

Source: IndexBox Market Intelligence Platform

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