Report Republic of Korea - Zirconium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 30, 2022

Republic of Korea - Zirconium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Market for Zirconium Ores and Concentrates 2022

Market Size for Zirconium Ores and Concentrates in Republic of Korea

In 2021, after two years of decline, there was significant growth in the South Korean zirconium ore and concentrate market, when its value increased by X% to $X. In general, consumption, however, faced a drastic downturn. Zirconium ore and concentrate consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Zirconium Ores and Concentrates

Exports from Republic of Korea

In 2021, shipments abroad of zirconium ores and concentrates decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, zirconium ore and concentrate exports dropped dramatically to $X in 2021. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for zirconium ore and concentrate exports from South Korea, accounting for a X% share of total exports. Moreover, zirconium ore and concentrate exports to Vietnam exceeded the volume sent to the second major destination, Indonesia (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Vietnam amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Japan (+X% per year).

In value terms, the largest markets for zirconium ore and concentrate exported from South Korea were Indonesia ($X), Vietnam ($X) and Japan ($X), with a combined X% share of total exports.

Japan, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average zirconium ore and concentrate export price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price, however, showed a abrupt contraction. The growth pace was the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Indonesia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+X%), while the prices for the other major destinations experienced a decline.

Imports of Zirconium Ores and Concentrates

Imports into Republic of Korea

In 2021, after two years of decline, there was significant growth in overseas purchases of zirconium ores and concentrates, when their volume increased by X% to X tons. Overall, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, zirconium ore and concentrate imports surged to $X in 2021. Over the period under review, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X tons) constituted the largest supplier of zirconium ore and concentrate to South Korea, accounting for a X% share of total imports. Moreover, zirconium ore and concentrate imports from South Africa exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was held by Malaysia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from South Africa amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and Malaysia (+X% per year).

In value terms, South Africa ($X) constituted the largest supplier of zirconium ore and concentrate to South Korea, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and China (+X% per year).

Import Prices by Country

The average zirconium ore and concentrate import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Vietnam ($X per ton), while the price for Malaysia ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for zirconium ores and concentrates in the world?
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China remains the largest zirconium ore and concentrate consuming country worldwide, accounting for 52% of total volume. Moreover, zirconium ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Australia, fourfold. Spain ranked third in terms of total consumption with a 4.3% share.
What are the largest producers of zirconium ores and concentrates in the world?
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The countries with the highest volumes of production in 2021 were Australia, South Africa and Senegal, together comprising 59% of global production.
What are the leading suppliers of zirconium ores and concentrates to Republic of Korea?
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In value terms, South Africa constituted the largest supplier of zirconium ore and concentrate to South Korea, comprising 54% of total imports. The second position in the ranking was taken by Australia, with a 24% share of total imports. It was followed by China, with a 5% share.
What are the leading importers of zirconium ores and concentrates from Republic of Korea?
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In value terms, Indonesia, Vietnam and Japan constituted the largest markets for zirconium ore and concentrate exported from South Korea worldwide, with a combined 90% share of total exports.
What is the average export price for zirconium ores and concentrates in Republic of Korea?
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The average zirconium ore and concentrate export price stood at $1,404 per ton in 2021, rising by 9.7% against the previous year.
What is the average import price for zirconium ores and concentrates in Republic of Korea?
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In 2021, the average zirconium ore and concentrate import price amounted to $1,505 per ton, growing by 6.3% against the previous year.

This report provides an in-depth analysis of the market for zirconium ore and concentrate in Republic of Korea. 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:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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