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

Contents:

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

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

The average import price for zirconium; articles thereof, including waste and scrap stood at $92,842 per ton in 2022, rising by 5.7% against the previous year. In general, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 45% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($221,738 per ton), while the price for Taiwan (Chinese) ($25,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zirconium; articles thereof, including waste and scrap stood at $3,541 per ton in 2022, picking up by 36% against the previous year. Overall, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 54% against the previous year. Over the period under review, the average export prices reached the maximum at $7,417 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($12,387 per ton), while the average price for exports to Vietnam ($2,231 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 Malaysia (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of zirconium; articles thereof, including waste and scrap into Thailand dropped remarkably to 40 tons, waning by -15.2% against the previous year. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports attained the peak of 47 tons, and then fell dramatically in the following year.

In value terms, imports of zirconium; articles thereof, including waste and scrap shrank to $3.7M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports attained the peak of $4.1M, and then reduced in the following year.

Import of Zirconium; Articles Thereof, Including Waste and Scrap in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,5951,4442,2202,19111.2%
Japan1,0951,4591,499812-9.5%
Italy10.32.1104383233.8%
China21.475.8156214115.4%
Taiwan (Chinese)91.854.391.872.5-7.6%
South Africa314N/AN/AN/A0%
Others51.856.271.237.7-10.0%
Total3,1793,0924,1413,7115.3%

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

  1. Germany (22.5 tons)
  2. Japan (7.8 tons)
  3. China (4.5 tons)
  4. Taiwan (Chinese) (2.9 tons)
  5. Italy (1.7 tons)

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

In 2022, exports of zirconium; articles thereof, including waste and scrap from Thailand surged to 32 tons, picking up by 6,867% against the previous year. Overall, exports enjoyed a strong expansion. 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 skyrocketed to $113K in 2022. Over the period under review, exports recorded 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1120%
VietnamN/AN/AN/A1.40%
Japan91.1N/A0.20.4-83.6%
Others2.00.31.0N/A-29.3%
Total93.00.31.21136.7%

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

  1. United States (31.4 tons)
  2. Vietnam (0.6 tons)

Source: IndexBox Market Intelligence Platform

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