In 2023, China's dominance in global zirconium exports was notable with a 29.85% share, followed closely by the United States at 26.04% and Germany at 19.38%. The United Kingdom and Canada lagged behind with shares under 5%. The bulk of export weight is concentrated within these top three countries, indicating limited restructuring in the global zirconium export landscape.
Year-on-year changes revealed China and Germany experiencing export growth of approximately 3.62% and 4.18% respectively. Conversely, the United Kingdom and Canada saw declines of around 2.41% and 5.89%. Notably, despite a minor global share, Romania surged by 64.15% in 2023, showcasing dynamic regional shifts.
Future trends to monitor include potential geopolitical impacts on exports from significant players like China, technological advancements driving demand shifts, and the emergence of alternative exporters challenging the current leaders.
Top countries in Export of Zirconium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 29.85 | 2023 | +4.36% | +3.62% | View data |
| 2 | 2 United States | 26.04 | 2023 | +2.32% | +2.42% | View data |
| 3 | 3 Germany | 19.38 | 2023 | +3.92% | +4.18% | View data |
| 4 | 4 United Kingdom | 4.7 | 2023 | +2.03% | -2.41% | View data |
| 5 | 5 Canada | 4.55 | 2023 | -9.22% | -5.89% | View data |
| 6 | 6 Japan | 3.89 | 2023 | +3.01% | +1.42% | View data |
| 7 | 7 South Korea | 1.85 | 2023 | +1.38% | +5.79% | View data |
| 8 | 8 Russia | 1.59 | 2023 | +1.14% | -2.38% | View data |
| 9 | 9 Sweden | 0.72 | 2023 | +4.07% | +3.09% | View data |
| 10 | 10 Italy | 0.63 | 2023 | -30.24% | -21.46% | View data |
