Sri Lanka - Zirconium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 9, 2024

Sri Lanka - Zirconium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Price for Zirconium Ore and Concentrate in Sri Lanka - 2021

Contents:

  1. Price for Zirconium Ore and Concentrate in Sri Lanka (FOB) - 2022
  2. Price for Zirconium Ore and Concentrate in Sri Lanka (CIF) - 2022
  3. Exports of Zirconium Ore and Concentrate in Sri Lanka
  4. Imports of Zirconium Ore and Concentrate in Sri Lanka

Price for Zirconium Ore and Concentrate in Sri Lanka (FOB) - 2022

The average zirconium ore and concentrate export price stood at $332 per ton in 2022, with a decrease of -58.4% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 69%. The export price peaked at $1,313 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($933 per ton), while the average price for exports to China ($192 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 the United Arab Emirates (+5.1%), while the prices for the other major destinations experienced a decline.

Price for Zirconium Ore and Concentrate in Sri Lanka (CIF) - 2022

In 2022, the average zirconium ore and concentrate import price amounted to $2,969 per ton, increasing by 43% against the previous year. In general, the import price posted a modest increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($3,207 per ton) and Malaysia ($3,094 per ton), while the price for Italy ($2,529 per ton) and Indonesia ($2,530 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zirconium Ore and Concentrate in Sri Lanka

In 2022, the amount of zirconium ores and concentrates exported from Sri Lanka fell modestly to 5.1K tons, reducing by -4.2% compared with 2021. Overall, exports, however, posted a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by 237%. As a result, the exports attained the peak of 5.3K tons, and then dropped in the following year.

In value terms, zirconium ore and concentrate exports declined remarkably to $1.7M in 2022. Over the period under review, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 105%. As a result, the exports attained the peak of $4.2M, and then dropped markedly in the following year.

Export of Zirconium Ore and Concentrate in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain85.564.3136812111.8%
China38172.859276626.2%
Italy93.398.535.21012.7%
India875272734N/A-8.4%
United Arab Emirates2,2641,4612,662N/A8.4%
Others18488.452.7N/A-46.5%
Total3,8832,0574,2131,679-24.4%

Top Export Markets for Zirconium Ore and Concentrate from Sri Lanka in 2022:

  1. China (4.0K tons)
  2. Spain (1.0K tons)
  3. Italy (0.1K tons)

Imports of Zirconium Ore and Concentrate in Sri Lanka

In 2022, approx. 492 tons of zirconium ores and concentrates were imported into Sri Lanka; declining by -21% compared with the year before. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 103%. As a result, imports reached the peak of 623 tons, and then shrank dramatically in the following year.

In value terms, zirconium ore and concentrate imports expanded remarkably to $1.5M in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 155% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Zirconium Ore and Concentrate in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia28132976681442.6%
Thailand37.445.756.1321104.7%
Italy29669.4218240-6.8%
IndonesiaN/AN/AN/A65.80%
Australia46.233.644.4N/A-2.0%
Others60.827.720620.3-30.6%
Total7215061,2901,46126.5%

Top Suppliers of Zirconium Ore and Concentrate to Sri Lanka in 2022:

  1. Malaysia (263.0 tons)
  2. Thailand (100.0 tons)
  3. Italy (95.0 tons)
  4. Indonesia (26.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for zirconium ore and concentrate in Sri Lanka. 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:

    • Sri Lanka

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Sri Lanka
    • 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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    Event
    The Largest Import Markets for Zirconium Ore and Concentrate
    Nov 15, 2023
    Eye 253

    Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.

    China Strengthens Leading Position in Global Imports of Zirconium Ores and Concentrates
    Oct 15, 2021
    Eye 720

    The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.

    The Largest Import Markets for Zirconium Ore and Concentrate
    Nov 15, 2023
    Eye 253

    Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.

    China Strengthens Leading Position in Global Imports of Zirconium Ores and Concentrates
    Oct 15, 2021
    Eye 720

    The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.

    Free Data: Zirconium Ores and Concentrates - Sri Lanka