In 2023, South Africa led the global export of zirconium ores and concentrates with a substantial value of $541.02 million, followed by Senegal and Malaysia at $132.18 million and $122.19 million respectively. The year-on-year growth varied, with notable increases in Peru and Colombia, while Canada and Poland faced significant declines. Contrastingly, countries like Australia and Spain experienced mild contractions. Over the past five years, the compound annual growth rate exhibited stability with slight variations across different exporting nations.
Looking ahead to 2024, key trends include technological advancements in zirconium processing, demand shifts due to geopolitical tensions, and environmental regulations impacting supply chains. Long-term, diversification in sourcing regions and innovation in recycling may also influence global market dynamics.
Top countries in Export of Zirconium Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 541,020,000 | 2023 | +3.33% | +2.11% | View data |
| 2 | 2 Senegal | 132,180,000 | 2023 | +5.68% | +4.95% | View data |
| 3 | 3 Malaysia | 122,190,000 | 2023 | +5.42% | +6.42% | View data |
| 4 | 4 United States | 98,938,000 | 2023 | +4.14% | +0.78% | View data |
| 5 | 5 Indonesia | 80,850,000 | 2023 | +4.3% | +0.88% | View data |
| 6 | 6 Australia | 73,203,000 | 2023 | -0.45% | -3% | View data |
| 7 | 7 Mozambique | 47,368,000 | 2023 | +2.95% | +5.75% | View data |
| 8 | 8 Belgium | 42,808,000 | 2023 | +3.34% | +3.64% | View data |
| 9 | 9 Russia | 31,932,000 | 2023 | +2.2% | +1.61% | View data |
| 10 | 10 China | 30,216,000 | 2023 | +3.6% | +0.093% | View data |
