Price for Germanium Oxides and Zirconium Dioxide in China - 2023

Contents:

1. Price for Germanium Oxides and Zirconium Dioxide in China (FOB) - 2022
2. Price for Germanium Oxides and Zirconium Dioxide in China (CIF) - 2022
3. Exports of Germanium Oxides and Zirconium Dioxide in China
4. Imports of Germanium Oxides and Zirconium Dioxide in China

Price for Germanium Oxides and Zirconium Dioxide in China (FOB) - 2022

In 2022, the average export price for germanium oxides and zirconium dioxides amounted to $8,765 per ton, increasing by 35% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $9,290 per ton in 2012; however, from 2013 to 2022, the 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 South Korea ($12,889 per ton), while the average price for exports to Spain ($7,210 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 South Korea (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Germanium Oxides and Zirconium Dioxide in China (CIF) - 2022

The average import price for germanium oxides and zirconium dioxides stood at $21,058 per ton in 2022, declining by -10.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 86%. Over the period under review, average import prices attained the maximum at $27,673 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Canada ($351,853 per ton), while the price for Australia ($6,142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Germanium Oxides and Zirconium Dioxide in China

After three years of growth, shipments abroad of germanium oxides and zirconium dioxides decreased by -11.3% to 19K tons in 2022. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 22K tons, and then declined in the following year.

In value terms, germanium oxides and zirconium dioxide exports skyrocketed to $170M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Germanium Oxides and Zirconium Dioxide from China in 2022:

1. Japan (6.1K tons)
2. France (2.8K tons)
3. Germany (2.5K tons)
4. South Korea (1.7K tons)
5. Italy (1.5K tons)
6. United States (1.2K tons)
7. Spain (0.8K tons)

Imports of Germanium Oxides and Zirconium Dioxide in China

For the fourth year in a row, China recorded growth in supplies from abroad of germanium oxides and zirconium dioxides, which increased by 2.1% to 786 tons in 2022. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.3%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, germanium oxides and zirconium dioxide imports declined to $17M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Germanium Oxides and Zirconium Dioxide to China in 2022:

1. United States (339.0 tons)
2. Japan (204.3 tons)
3. Australia (136.6 tons)
4. Russia (43.4 tons)
5. France (23.7 tons)
6. Canada (20.0 tons)
7. South Korea (9.5 tons)

Source: IndexBox Market Intelligence Platform