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

Contents:

  1. Price for Zirconium; Articles Thereof, Including Waste and Scrap in Spain (CIF) - 2022
  2. Price for Zirconium; Articles Thereof, Including Waste and Scrap in Spain (FOB) - 2024
  3. Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Spain
  4. Exports of Zirconium; Articles Thereof, Including Waste and Scrap in Spain

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

In 2022, the average import price for zirconium; articles thereof, including waste and scrap amounted to $112,796 per ton, picking up by 31% against the previous year. Overall, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 50%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($341,087 per ton), while the price for Estonia ($11,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zirconium; Articles Thereof, Including Waste and Scrap in Spain (FOB) - 2024

The average export price for zirconium; articles thereof, including waste and scrap stood at $25,672 per ton in March 2024, falling by -3.9% against the previous month. Overall, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 250% m-o-m. As a result, the export price reached the peak level of $125K per ton. From September 2023 to March 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Poland ($145K per ton), while the average price for exports to Germany ($17,473 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of zirconium; articles thereof, including waste and scrap decreased by -27.6% to 175 tons in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 131% against the previous year.

In value terms, imports of zirconium; articles thereof, including waste and scrap dropped to $20M in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 247%.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.39.317.115.0268.4%
SwedenN/AN/A0.12.82700.0%
China1.82.42.11.3-10.3%
EstoniaN/AN/A0.20.20.0%
France0.50.30.50.2-26.3%
Germany0.10.20.1N/A0.0%
United Kingdom1.62.10.2N/A-64.6%
OthersN/A0.40.30.3-13.4%
Total4.314.820.719.766.1%

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

  1. United States (113.3 tons)
  2. China (30.9 tons)
  3. Estonia (15.0 tons)
  4. Sweden (8.1 tons)
  5. France (4.6 tons)
  6. Germany (1.2 tons)
  7. United Kingdom (0.1 tons)

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

Exports of zirconium; articles thereof, including waste and scrap from Spain reduced notably to 50 tons in 2022, with a decrease of -47.2% on the year before. In general, exports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year. As a result, the exports reached the peak of 94 tons, and then fell notably in the following year.

In value terms, exports of zirconium; articles thereof, including waste and scrap skyrocketed to $1.7M in 2022. Overall, exports, however, continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France24130644843922.1%
Portugal4.934.146.4419340.6%
United States79.1N/A0.927050.6%
Germany537422462266-20.9%
United KingdomN/AN/A2.468.52754.2%
Italy32.230.330.063.225.2%
Belgium8.84.810257.987.4%
MalaysiaN/A0.429.114.2495.8%
ColombiaN/AN/AN/A8.10%
China19.4114N/AN/A487.6%
MexicoN/AN/A44.9N/A0%
Algeria109N/A0.5N/A-93.2%
Others38.79.322.913752.4%
Total1,0719201,1891,74417.6%

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

  1. France (17.5 tons)
  2. Germany (11.6 tons)
  3. Portugal (6.3 tons)
  4. United Kingdom (4.2 tons)
  5. United States (1.7 tons)
  6. Italy (1.4 tons)
  7. Belgium (1.4 tons)
  8. Malaysia (1.1 tons)
  9. Colombia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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