Price for Zirconium; Waste and Scrap in Japan - 2021

Contents:

  1. Price for Zirconium; Waste and Scrap in Japan (CIF) - 2021
  2. Price for Zirconium; Waste and Scrap in Japan (FOB) - 2022
  3. Imports of Zirconium; Waste and Scrap in Japan
  4. Exports of Zirconium; Waste and Scrap in Japan

Price for Zirconium; Waste and Scrap in Japan (CIF) - 2021

In December 2021, the average zirconium; waste and scrap import price amounted to $16,469 per ton, waning by -11.1% against the previous month. Over the period under review, the import price recorded a mild decrease. The most prominent rate of growth was recorded in August 2021 an increase of 139% m-o-m. The import price peaked at $41,214 per ton in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($31,464 per ton), while the price for South Korea ($14,415 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Zirconium; Waste and Scrap in Japan (FOB) - 2022

The average zirconium; waste and scrap export price stood at $10,298 per ton in 2022, with a decrease of -13% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zirconium; waste and scrap export price decreased by +0.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 39%. Over the period under review, the average export prices hit record highs at $17,621 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Belgium ($13,399 per ton), while the average price for exports to the United States ($5,775 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 Canada (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Zirconium; Waste and Scrap in Japan

In 2022, zirconium; waste and scrap imports into Japan totaled 95 tons, remaining stable against the year before. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 6.5% against the previous year. As a result, imports reached the peak of 96 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, zirconium; waste and scrap imports stood at $2.4M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 5.1%. As a result, imports attained the peak of $2.4M; afterwards, it flattened through to 2022.

Import of Zirconium; Waste and Scrap in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6371,3241,0271,04217.8%
United Kingdom7876938538653.2%
Canada51928950.0277-18.9%
Taiwan (Chinese)2264.178.6100-23.8%
South Korea10.688.081.382.498.1%
NetherlandsN/AN/A114N/A0%
Others103N/A130N/A12.3%
Total2,2812,3982,3342,3661.2%

Top Suppliers of Zirconium; Waste and Scrap to Japan in 2022:

  1. United States (48.5 tons)
  2. United Kingdom (21.9 tons)
  3. Canada (14.6 tons)
  4. South Korea (5.2 tons)
  5. Taiwan (Chinese) (5.1 tons)

Exports of Zirconium; Waste and Scrap in Japan

In 2022, overseas shipments of zirconium; waste and scraps were finally on the rise to reach 22 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous decline.

In value terms, zirconium; waste and scrap exports soared to $223K in 2022. In general, exports, however, faced a precipitous slump.

Export of Zirconium; Waste and Scrap in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium33495.935.9136-25.9%
United States11921.713.550.8-24.7%
United Kingdom17128.76.436.5-40.2%
South Korea10298.5N/AN/A-3.4%
Singapore34.9N/AN/AN/A0%
Estonia30.1135N/AN/A348.5%
Netherlands30.7N/AN/AN/A0%
Others19.59.9N/AN/A-49.2%
Total84039055.8223-35.7%

Top Export Markets for Zirconium; Waste and Scrap from Japan in 2022:

  1. Belgium (10.1 tons)
  2. United States (8.8 tons)
  3. United Kingdom (2.7 tons)

Source: IndexBox Market Intelligence Platform

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