Price for Zirconium; Articles Thereof, Including Waste and Scrap in Turkey - 2024
Contents:
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in Turkey (CIF) - 2022
- Price for Zirconium; Articles Thereof, Including Waste and Scrap in Turkey (FOB) - 2022
- Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Turkey
- Exports of Zirconium; Articles Thereof, Including Waste and Scrap in Turkey
Price for Zirconium; Articles Thereof, Including Waste and Scrap in Turkey (CIF) - 2022
The average import price for zirconium; articles thereof, including waste and scrap stood at $115,645 per ton in 2022, picking up by 25% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zirconium; articles thereof, including waste and scrap decreased by -13.6% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 64%. Over the period under review, average import prices reached the maximum at $147,973 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Italy ($930,682 per ton), while the price for China ($61,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+45.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zirconium; Articles Thereof, Including Waste and Scrap in Turkey (FOB) - 2022
In 2022, the average export price for zirconium; articles thereof, including waste and scrap amounted to $61,907 per ton, shrinking by -45.2% against the previous year. Over the period under review, the export price saw a mild downturn. The pace of growth was the most pronounced in 2021 an increase of 444%. As a result, the export price reached the peak level of $112,871 per ton, and then fell dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($70,000 per ton), while the average price for exports to Jordan ($40,984 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 the UK (+3,400.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zirconium; Articles Thereof, Including Waste and Scrap in Turkey
Imports of zirconium; articles thereof, including waste and scrap into Turkey surged to 8.6 tons in 2022, rising by 19% on 2021. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of zirconium; articles thereof, including waste and scrap soared to $992K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Zirconium; Articles Thereof, Including Waste and Scrap in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 294 | 590 | 233 | 515 | 20.5% |
China | 172 | 156 | 267 | 349 | 26.6% |
United States | 68.5 | 86.5 | 106 | 87.1 | 8.3% |
Others | 82.8 | 68.0 | 59.4 | 40.9 | -21.0% |
Total | 618 | 900 | 665 | 992 | 17.1% |
Top Suppliers of Zirconium; Articles Thereof, Including Waste and Scrap to Turkey in 2022:
- China (5.6 tons)
- Germany (2.5 tons)
- United States (0.3 tons)
Exports of Zirconium; Articles Thereof, Including Waste and Scrap in Turkey
In 2022, after two years of decline, there was significant growth in shipments abroad of zirconium; articles thereof, including waste and scrap, when their volume increased by 30% to 161 kg. In general, exports, however, showed a relatively flat trend pattern.
In value terms, exports of zirconium; articles thereof, including waste and scrap dropped notably to $10K in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 403% against the previous year. As a result, the exports attained the peak of $14K, and then reduced dramatically in the following year.
Export of Zirconium; Articles Thereof, Including Waste and Scrap in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Syrian Arab Republic | N/A | N/A | 3.0 | 3.6 | 20.0% |
Jordan | N/A | N/A | N/A | 2.5 | 0% |
Albania | N/A | N/A | N/A | 0.8 | 0% |
United Kingdom | N/A | N/A | N/A | 0.4 | 0% |
United States | N/A | N/A | N/A | 0.3 | 0% |
Germany | N/A | N/A | 7.1 | N/A | 0% |
Morocco | N/A | 0.8 | 0.1 | N/A | -87.5% |
Azerbaijan | 0.8 | N/A | N/A | N/A | 0% |
Oman | N/A | N/A | 0.6 | N/A | 0% |
Egypt | N/A | 2.0 | N/A | N/A | 0% |
Others | 0.2 | 0.1 | 3.3 | 2.2 | 122.4% |
Total | 1.0 | 2.8 | 14.0 | 10.0 | 115.4% |
Top Export Markets for Zirconium; Articles Thereof, Including Waste and Scrap from Turkey in 2022:
- Syrian Arab Republic (62.0 kg)
- Jordan (61.0 kg)
- Albania (13.0 kg)
- United States (6.0 kg)
- United Kingdom (6.0 kg)
- Germany (1.0 kg)
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