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Italy - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingItaly's Titanium Import Soars to $82 Million in 2023
Italy Titanium Imports
In 2023, purchases abroad of titanium sponge, powders, ingots and slabs increased by 4.6% to 4.3K tons, rising for the second year in a row after three years of decline. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 74%. Imports peaked at 4.9K tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.
In value terms, titanium imports soared to $82M (IndexBox estimates) in 2023. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 76%. Imports peaked at $94M in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
COUNTRY | Import Value of Titanium in Italy (million USD) | ||||||||
---|---|---|---|---|---|---|---|---|---|
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Czech Republic | 7.4 | 8.9 | 13.0 | 17.3 | 21.9 | 18.8 | 16.3 | 22.1 | 27.7 |
United States | 13.4 | 25.9 | 38.9 | 57.6 | 38.1 | 38.4 | 9.0 | 24.6 | 24.9 |
Kazakhstan | N/A | N/A | N/A | N/A | N/A | N/A | 0.2 | 2.5 | 5.7 |
Germany | 0.9 | 1.9 | 2.8 | 4.5 | 6.9 | 4.0 | 2.3 | 2.0 | 4.0 |
China | 0.2 | 0.5 | 0.1 | 0.5 | 0.9 | 1.2 | 0.4 | 3.5 | 4.0 |
Saudi Arabia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.5 | 3.9 |
Russia | 0.9 | 1.3 | 1.1 | 1.0 | 0.9 | 0.3 | 1.3 | 2.2 | 3.0 |
Canada | N/A | 0.1 | 0.8 | 1.3 | 2.7 | 3.1 | 3.8 | 2.7 | 2.3 |
United Kingdom | 1.4 | 7.0 | 8.8 | 1.3 | 2.5 | 1.4 | 0.2 | 0.1 | 2.2 |
Netherlands | 1.0 | 2.0 | 2.7 | 1.3 | 1.8 | 1.0 | 0.7 | 1.4 | 1.2 |
Ukraine | 2.4 | 2.9 | 3.7 | 4.9 | 7.1 | 5.0 | 4.4 | 3.4 | N/A |
Others | 4.3 | 5.4 | 3.6 | 4.6 | 3.5 | 3.2 | 5.5 | 4.8 | 2.9 |
Total | 31.8 | 55.9 | 75.5 | 94.3 | 86.2 | 76.4 | 44.0 | 69.8 | 81.7 |
Imports by Country
the Czech Republic (1.6K tons), the United States (1.1K tons) and Kazakhstan (455 tons) were the main suppliers of titanium imports to Italy, with a combined 74% share of total imports. China, Saudi Arabia, Russia, Germany, the Netherlands, the UK and Canada lagged somewhat behind, together comprising a further 24%.
From 2015 to 2023, the biggest increases were recorded for Saudi Arabia (with a CAGR of +391.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the Czech Republic ($28M), the United States ($25M) and Kazakhstan ($5.7M) constituted the largest titanium suppliers to Italy, with a combined 71% share of total imports. China, Germany, Saudi Arabia, Russia, Canada, the UK and the Netherlands lagged somewhat behind, together comprising a further 25%.
In terms of the main suppliers, Saudi Arabia, with a CAGR of +658.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the titanium price stood at $18,890 per ton (CIF, Italy), with an increase of 12% against the previous year. Over the last eight-year period, it increased at an average annual rate of +2.0%. Over the period under review, average import prices hit record highs at $20,148 per ton in 2020; however, from 2021 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29,884 per ton), while the price for the Netherlands ($10,456 per ton) was amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+54.3%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the titanium market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023