Price for Zirconium; Articles Thereof, Including Waste and Scrap in Vietnam - 2022

Contents:

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

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

The average import price for zirconium; articles thereof, including waste and scrap stood at $169K per ton in December 2022, rising by 32% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 2,397% against the previous month. As a result, import price attained the peak level of $4.3M per ton. From June 2022 to December 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were the United States ($130K per ton) and Japan ($130K per ton), while the price for China ($115K per ton) and Germany ($130K per ton) were amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zirconium; articles thereof, including waste and scrap stood at $80,268 per ton in 2022, declining by -25.8% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2019 an increase of 81%. The export price peaked at $377,636 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Andorra ($90,899 per ton), while the average price for exports to South Korea amounted to $62,771 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.1%).

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

For the fourth year in a row, Vietnam recorded growth in supplies from abroad of zirconium; articles thereof, including waste and scrap, which increased by 63% to 67 tons in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of zirconium; articles thereof, including waste and scrap soared to $4.9M in 2022. Over the period under review, imports posted a significant increase. 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)4764446872,56675.3%
China2155121,1591,03668.9%
United States1,2611,972459536-24.8%
United Kingdom2123074012819.8%
Australia69.784.134.010615.0%
Others27313813238311.9%
Total2,5053,4572,8734,90925.1%

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

  1. Taiwan (Chinese) (44.8 tons)
  2. China (13.3 tons)
  3. United States (3.4 tons)
  4. Australia (1.6 tons)
  5. United Kingdom (1.5 tons)

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

For the third year in a row, Vietnam recorded decline in overseas shipments of zirconium; articles thereof, including waste and scrap, which decreased by -20.6% to 127 kg in 2022. Over the period under review, exports continue to indicate a precipitous descent.

In value terms, exports of zirconium; articles thereof, including waste and scrap dropped significantly to $10K in 2022. Overall, exports saw a precipitous contraction.

Export of Zirconium; Articles Thereof, Including Waste and Scrap in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AndorraN/AN/AN/A7.20%
South KoreaN/A1.10.63.065.1%
NorwayN/A2.6N/AN/A0%
ThailandN/A11.2N/AN/A0%
Indonesia0.1N/AN/AN/A0%
ItalyN/AN/A16.7N/A0%
United States46.2N/AN/AN/A0%
Others3.514.6N/AN/A317.1%
Total49.929.417.310.2-41.1%

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

  1. Andorra (79.0 kg)
  2. South Korea (48.0 kg)

Source: IndexBox Market Intelligence Platform

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