Price for Germanium Oxides and Zirconium Dioxide in Thailand - 2023

Contents:

  1. Price for Germanium Oxides and Zirconium Dioxide in Thailand (CIF) - 2023
  2. Price for Germanium Oxides and Zirconium Dioxide in Thailand (FOB) - 2022
  3. Imports of Germanium Oxides and Zirconium Dioxide in Thailand
  4. Exports of Germanium Oxides and Zirconium Dioxide in Thailand

Price for Germanium Oxides and Zirconium Dioxide in Thailand (CIF) - 2023

In September 2023, the average import price for germanium oxides and zirconium dioxides amounted to $62,882 per ton, shrinking by -35.5% against the previous month. Overall, the import price, however, posted perceptible growth. The most prominent rate of growth was recorded in May 2023 an increase of 234% against the previous month. Over the period under review, average import prices hit record highs at $97,548 per ton in August 2023, and then declined remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($168K per ton), while the price for Australia ($10,752 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Germanium Oxides and Zirconium Dioxide in Thailand (FOB) - 2022

In 2022, the average export price for germanium oxides and zirconium dioxides amounted to $43,278 per ton, with an increase of 4,228% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($19,503,000 per ton), while the average price for exports to Hong Kong SAR amounted to $6,141 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+120.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Germanium Oxides and Zirconium Dioxide in Thailand

In 2022, approx. 335 tons of germanium oxides and zirconium dioxides were imported into Thailand; which is down by -13.7% on 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. As a result, imports reached the peak of 388 tons, and then declined in the following year.

In value terms, germanium oxides and zirconium dioxide imports expanded notably to $12M in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 86%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Germanium Oxides and Zirconium Dioxide in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.44.55.67.8169.2%
Japan1.81.51.81.5-5.9%
United States1.30.71.91.30.0%
South Korea0.50.50.50.50.0%
AustraliaN/AN/A0.20.350.0%
OthersN/AN/A0.20.1-50.0%
Total3.97.210.111.543.4%

Top Suppliers of Germanium Oxides and Zirconium Dioxide to Thailand in 2022:

  1. United States (115.2 tons)
  2. China (86.5 tons)
  3. Japan (79.1 tons)
  4. Australia (31.3 tons)
  5. South Korea (19.9 tons)

Exports of Germanium Oxides and Zirconium Dioxide in Thailand

In 2022, after two years of decline, there was significant growth in shipments abroad of germanium oxides and zirconium dioxides, when their volume increased by 52,400% to 525 kg. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, germanium oxides and zirconium dioxide exports surged to $23K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Germanium Oxides and Zirconium Dioxide in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.6N/AN/A3.274.7%
China0.20.1N/AN/A-50.0%
OthersN/AN/AN/A19.50%
Total0.80.1N/A22.7205.0%

Top Export Markets for Germanium Oxides and Zirconium Dioxide from Thailand in 2022:

  1. Hong Kong SAR (524.0 kg)

Source: IndexBox Market Intelligence Platform

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