Zirconium Market - World Trade in Zirconium Shows Strong Fluctuations

Other Non-Ferrous Metal Ores November 30, 2016
Author: Maria Fadeeva
Market Analyst

zirconium market

Photo: © hadrian / Bigstockphoto

The global zirconium trade amounted to 52 million USD in 2015, fluctuating strongly over the period under review. A slight drop in 2009 was followed by recovery over the next three years, until exports mildly decreased again. After a peak in 2014, exports fell again in 2015. Overall, there was an annual increase of 11.8% from 2007 to 2015.

According to IndexBox estimates, Germany continued to dominate the market in the global supplies of zirconium. In 2015, Germany's zirconium exports totaled 14 million USD, which accounted for a 28% share of global exports. China, France, USA, and Japan were the other key global suppliers of zirconium in 2015, with a 67% combined share of global exports.

China (+29.5% per year) and Germany (+9.5% per year) were the fastest growing exporters on the zirconium market from 2007 to 2015. China significantly strengthened its position in terms of the global zirconium export, growing its share from 8% in 2007 to 27% in 2015.

Meanwhile, USA (21%, based on value terms), Canada (13%), Germany (12%), the Republic of Korea (11%), and Japan (7%) were the leading destinations of zirconium imports in 2015. Imports to Canada grew at a pace of +3.2% per year from 2007 to 2015. By contrast, Japan contracted its imports of zirconium over the same period. The USA's share of global imports increased by +6 percentage points, while the share of Japan illustrated negative dynamics (-4 percentage points).

Key Exporting Countries Of Zirconium

Do you want to know more about the global zirconium market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • zirconium market share
  • zirconium prices
  • zirconium industry
  • zirconium sales
  • zirconium market forecast
  • zirconium price forecast
  • key zirconium producers

Source: World: Zirconium - Market Report. Analysis And Forecast To 2020