China - Zirconium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Zirconium - Market Analysis, Forecast, Size, Trends And Insights

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Zirconium Price in China - 2021

Contents:

  1. Zirconium Price in China (FOB) - 2022
  2. Zirconium Price in China (CIF) - 2022
  3. Zirconium Exports in China
  4. Zirconium Imports in China

Zirconium Price in China (FOB) - 2022

The average zirconium export price stood at $37,535 per ton in 2022, reducing by -4.9% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zirconium export price decreased by -8.0% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by 46%. As a result, the export price reached the peak level of $50,706 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($53,484 per ton), while the average price for exports to Germany ($22,920 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 Japan (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Zirconium Price in China (CIF) - 2022

The average zirconium import price stood at $11,169 per ton in 2022, picking up by 4.4% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when the average import price increased by 267% against the previous year. Over the period under review, average import prices reached the peak figure at $34,223 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($69,885 per ton), while the price for Hong Kong SAR ($5,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.9%), while the prices for the other major suppliers experienced a decline.

Zirconium Exports in China

In 2022, approx. 239 tons of zirconium were exported from China; approximately reflecting 2021 figures. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.8%.

In value terms, zirconium exports declined to $9M in 2022. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year.

Export of Zirconium in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.60.62.64.1-27.1%
Sweden3.74.32.63.2-4.7%
Germany2.21.30.31.1-20.6%
Japan0.40.20.50.57.7%
RussiaN/A2.03.3N/A65.0%
Pakistan0.7N/AN/AN/A0%
Others0.1N/A0.10.10.0%
Total17.78.59.59.0-20.2%

Top Export Markets for Zirconium from China in 2022:

  1. Sweden (96.9 tons)
  2. United States (77.1 tons)
  3. Germany (49.1 tons)
  4. Japan (14.3 tons)

Zirconium Imports in China

In 2022, imports of zirconium into China fell to 163 tons, waning by -6.4% on the year before. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

In value terms, zirconium imports declined slightly to $1.8M in 2022. Overall, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%.

Import of Zirconium in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa5061,00573871212.1%
Germany951159271261-35.0%
Japan719106185179-37.1%
Hong Kong SAR242120156151-14.5%
United States146115139134-2.8%
Canada73852.3101127-44.4%
Taiwan (Chinese)49.0N/AN/AN/A0%
Others1,036219275257-37.2%
Total4,3871,7771,8641,821-25.4%

Top Suppliers of Zirconium to China in 2022:

  1. South Africa (75.2 tons)
  2. Hong Kong SAR (28.0 tons)
  3. Canada (23.3 tons)
  4. United States (14.2 tons)
  5. Japan (7.6 tons)
  6. Germany (3.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zirconium market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in China
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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