Poland: Market for Zirconium Ores and Concentrates 2024

Market Size for Zirconium Ores and Concentrates in Poland

The Polish zirconium ore and concentrate market totaled $X in 2023, growing by X% against the previous year. Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Zirconium Ores and Concentrates in Poland

In value terms, zirconium ore and concentrate production stood at $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production hit record highs in 2023 and is expected to retain growth in years to come.

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Exports of Zirconium Ores and Concentrates

Exports from Poland

In 2023, shipments abroad of zirconium ores and concentrates increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked in 2023 and are likely to see gradual growth in the near future.

In value terms, zirconium ore and concentrate exports soared to $X in 2023. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Russia (X tons) was the main destination for zirconium ore and concentrate exports from Poland, with a X% share of total exports. Moreover, zirconium ore and concentrate exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), fivefold.

From 2012 to 2023, the average annual growth rate of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

In value terms, Russia ($X) remains the key foreign market for zirconium ores and concentrates exports from Poland, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2023, the average zirconium ore and concentrate export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then reduced markedly in the following year.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zirconium Ores and Concentrates

Imports into Poland

In 2023, purchases abroad of zirconium ores and concentrates decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, zirconium ore and concentrate imports declined remarkably to $X in 2023. In general, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of zirconium ore and concentrate to Poland, with a X% share of total imports. Moreover, zirconium ore and concentrate imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Ukraine (X% per year).

In value terms, Italy ($X) constituted the largest supplier of zirconium ores and concentrates to Poland, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average zirconium ore and concentrate import price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform