Price for Zirconium; Waste and Scrap in the UK - 2021
Contents:
- Price for Zirconium; Waste and Scrap in the UK (CIF) - 2022
- Price for Zirconium; Waste and Scrap in the UK (FOB) - 2022
- Imports of Zirconium; Waste and Scrap in the UK
- Exports of Zirconium; Waste and Scrap in the UK
Price for Zirconium; Waste and Scrap in the UK (CIF) - 2022
The average zirconium; waste and scrap import price stood at $19,034 per ton in 2022, declining by -2.8% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.1% 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 +86.9% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $19,588 per ton in 2021, and then reduced modestly in the following year.
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 Germany ($20,964 per ton), while the price for Japan ($11,077 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zirconium; Waste and Scrap in the UK (FOB) - 2022
The average zirconium; waste and scrap export price stood at $21,294 per ton in 2022, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2015 an increase of 40% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($41,467 per ton), while the average price for exports to Germany ($10,241 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 Italy (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zirconium; Waste and Scrap in the UK
In 2022, approx. 51 tons of zirconium; waste and scraps were imported into the UK; dropping by -27.7% on 2021. In general, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 122% against the previous year.
In value terms, zirconium; waste and scrap imports dropped notably to $978K in 2022. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 147%.
| Import of Zirconium; Waste and Scrap in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 468 | 243 | 1,176 | 687 | 13.7% |
| United States | 847 | 163 | 71.2 | 163 | -42.3% |
| Canada | 31.8 | 28.0 | 67.5 | 39.4 | 7.4% |
| Japan | 167 | 20.6 | 16.3 | 30.4 | -43.3% |
| France | 157 | 6.7 | 1.8 | 23.7 | -46.8% |
| South Korea | 72.1 | 28.1 | 26.8 | 20.4 | -34.4% |
| Romania | N/A | 62.1 | N/A | N/A | 0% |
| Others | 80.9 | 11.8 | 31.9 | 14.4 | -43.7% |
| Total | 1,823 | 563 | 1,392 | 978 | -18.7% |
Top Suppliers of Zirconium; Waste and Scrap to the UK in 2022:
- Germany (32.8 tons)
- United States (10.5 tons)
- Canada (2.8 tons)
- Japan (2.7 tons)
- France (1.5 tons)
- South Korea (0.7 tons)
Exports of Zirconium; Waste and Scrap in the UK
Zirconium; waste and scrap exports from the UK contracted sharply to 72 tons in 2022, dropping by -30.5% compared with the year before. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 58% against the previous year.
In value terms, zirconium; waste and scrap exports declined sharply to $1.5M in 2022. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 73%.
| Export of Zirconium; Waste and Scrap in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 348 | 288 | 476 | 478 | 11.2% |
| Belgium | 755 | 36.6 | 354 | 358 | -22.0% |
| United States | 502 | 108 | 205 | 254 | -20.3% |
| Italy | 120 | 279 | 134 | 166 | 11.4% |
| Spain | 180 | 39.9 | 147 | 147 | -6.5% |
| Germany | 29.3 | 149 | 103 | 104 | 52.5% |
| Estonia | N/A | 139 | 109 | N/A | -21.6% |
| Others | 120 | 89.5 | 427 | 35.8 | -33.2% |
| Total | 2,054 | 1,130 | 1,956 | 1,543 | -9.1% |
Top Export Markets for Zirconium; Waste and Scrap from the UK in 2022:
- Belgium (23.7 tons)
- Spain (14.3 tons)
- Japan (11.5 tons)
- Germany (10.1 tons)
- United States (7.5 tons)
- Italy (4.5 tons)
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