Price for Zirconium; Waste and Scrap in South Korea - 2021
Contents:
- Price for Zirconium; Waste and Scrap in South Korea (FOB) - 2022
- Price for Zirconium; Waste and Scrap in South Korea (CIF) - 2022
- Exports of Zirconium; Waste and Scrap in South Korea
- Imports of Zirconium; Waste and Scrap in South Korea
Price for Zirconium; Waste and Scrap in South Korea (FOB) - 2022
In 2022, the average zirconium; waste and scrap export price amounted to $12,639 per ton, rising by 5% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 export price decreased by -15.8% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 126%. The export price peaked at $15,005 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +19.1% per year.
Price for Zirconium; Waste and Scrap in South Korea (CIF) - 2022
The average zirconium; waste and scrap import price stood at $14,452 per ton in 2022, surging by 7.5% against the previous year. Over the period under review, the import price, however, faced a deep downturn. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, average import prices reached the peak figure at $45,912 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($15,339 per ton), while the price for the United States totaled $13,481 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.2%), while the prices for the other major suppliers experienced a decline.
Exports of Zirconium; Waste and Scrap in South Korea
In 2022, approx. 26 tons of zirconium; waste and scraps were exported from South Korea; falling by -44.1% on the previous year's figure. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 622% against the previous year. As a result, the exports attained the peak of 46 tons, and then contracted remarkably in the following year.
In value terms, zirconium; waste and scrap exports fell notably to $325K in 2022. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2021 when exports increased by 480%. As a result, the exports reached the peak of $555K, and then plummeted in the following year.
| Export of Zirconium; Waste and Scrap in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 156 | 19.5 | 39.7 | 325 | 27.7% |
| Japan | 8.0 | 76.2 | N/A | N/A | 852.5% |
| China | 55.8 | N/A | N/A | N/A | 0% |
| United States | 214 | N/A | 512 | N/A | 54.7% |
| Canada | 105 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 2.8 | N/A | 0% |
| Total | 539 | 95.7 | 555 | 325 | -15.5% |
Top Export Markets for Zirconium; Waste and Scrap from South Korea in 2022:
- United Kingdom (25.7 tons)
Imports of Zirconium; Waste and Scrap in South Korea
In 2022, the amount of zirconium; waste and scraps imported into South Korea dropped to 8.9 tons, waning by -13.8% on the previous year's figure. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 10 tons, and then declined in the following year.
In value terms, zirconium; waste and scrap imports fell to $128K in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.
| Import of Zirconium; Waste and Scrap in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 118 | 105 | 62.7 | 71.1 | -15.5% |
| United States | 39.9 | 7.5 | 75.2 | 57.1 | 12.7% |
| France | N/A | 6.0 | N/A | N/A | 0% |
| Others | 1.9 | N/A | 0.4 | N/A | -54.1% |
| Total | 160 | 118 | 138 | 128 | -7.2% |
Top Suppliers of Zirconium; Waste and Scrap to South Korea in 2022:
- Japan (4.6 tons)
- United States (4.2 tons)
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