Price for Zirconium; Waste and Scrap in Canada - 2021

Contents:

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

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

In 2022, the average zirconium; waste and scrap export price amounted to $8,566 per ton, waning by -17.6% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. Over the period under review, the average export prices reached the maximum at $23,037 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($34,112 per ton), while the average price for exports to the United States ($6,126 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 Estonia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zirconium; Waste and Scrap in Canada (CIF) - 2022

In 2022, the average zirconium; waste and scrap import price amounted to $45,947 per ton, with a decrease of -3.9% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 import price increased by +25.2% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $47,836 per ton in 2021, and then shrank modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +15.2% per year.

Exports of Zirconium; Waste and Scrap in Canada

In 2022, approx. 68 tons of zirconium; waste and scraps were exported from Canada; increasing by 12% compared with 2021. Overall, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 27%.

In value terms, zirconium; waste and scrap exports declined to $584K in 2022. In general, exports, however, recorded a sharp setback. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.

Export of Zirconium; Waste and Scrap in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States329198276278-5.5%
Japan474204170172-28.7%
China70.687.296.496.911.1%
United Kingdom30.437.037.137.37.1%
Estonia214N/A51.1N/A-51.1%
Others38.910.8N/AN/A-72.2%
Total1,156537631584-20.4%

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

  1. United States (45.3 tons)
  2. Japan (13.3 tons)
  3. China (8.5 tons)
  4. United Kingdom (1.1 tons)

Imports of Zirconium; Waste and Scrap in Canada

In 2022, after two years of decline, there was significant growth in overseas purchases of zirconium; waste and scraps, when their volume increased by 27% to 3.4 tons. Over the period under review, imports, however, saw a precipitous decline.

In value terms, zirconium; waste and scrap imports skyrocketed to $156K in 2022. Overall, imports, however, continue to indicate a sharp downturn.

Import of Zirconium; Waste and Scrap in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States418184127156-28.0%
South Korea80.1N/AN/AN/A0%
Japan14.8N/AN/AN/A0%
Germany37.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total550184127156-34.3%

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

  1. United States (3.4 tons)

Source: IndexBox Market Intelligence Platform

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