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World - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 2, 2024

World - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jul 2, 2024

Best Import Markets for Titanium Ore and Concentrate

When it comes to valuable minerals, titanium ore and concentrate rank high on the list. Given their wide range of applications, from aerospace to medical devices, it's no wonder that countries all over the world are willing to invest heavily in importing these resources. According to data from the IndexBox market intelligence platform, the top 10 countries by import value of titanium ore and concentrate in 2023 are as follows:

1. China - $1.5 Billion USD

China leads the pack with a staggering $1.5 billion USD in imports of titanium ore and concentrate. As the world's largest producer of titanium, it's no surprise that China would also be one of the biggest importers of this valuable resource. With a booming economy and a rapidly expanding industrial sector, China's appetite for titanium shows no signs of slowing down.

2. Japan - $346.5 Million USD

Japan comes in second with $346.5 million USD in imports of titanium ore and concentrate. As a highly industrialized country with a strong focus on technology and innovation, Japan relies heavily on titanium for a wide range of applications. From electronics to automotive parts, titanium plays a crucial role in Japan's economy.

3. United States - $317.7 Million USD

The United States ranks third with $317.7 million USD in imports of titanium ore and concentrate. As one of the world's largest consumer markets, the U.S. has a high demand for titanium across various industries. With a strong manufacturing sector and a growing aerospace industry, titanium remains a key element in the U.S. economy.

4. Belgium - $238.2 Million USD

Belgium takes the fourth spot with $238.2 million USD in imports of titanium ore and concentrate. As a major hub for international trade and commerce, Belgium serves as a gateway to the European market for many countries. Its strategic location and well-developed infrastructure make it an attractive destination for titanium imports.

5. Germany - $210.9 Million USD

Germany follows closely behind with $210.9 million USD in imports of titanium ore and concentrate. Known for its strong manufacturing sector and advanced technology industry, Germany is a key player in the global titanium market. With a focus on precision engineering and cutting-edge innovation, Germany relies on titanium to maintain its competitive edge.

6. Canada - $123.1 Million USD

Canada ranks sixth with $123.1 million USD in imports of titanium ore and concentrate. As a resource-rich country with a diverse economy, Canada has a growing demand for titanium across various sectors. From mining to aerospace, titanium plays a vital role in Canada's economy.

7. United Kingdom - $119.1 Million USD

The United Kingdom comes in seventh with $119.1 million USD in imports of titanium ore and concentrate. Despite its relatively small size, the UK has a strong industrial base and a high demand for titanium in various industries. With a focus on research and development, the UK continues to invest in new technologies that rely on titanium.

8. Netherlands - $117.4 Million USD

The Netherlands ranks eighth with $117.4 million USD in imports of titanium ore and concentrate. As a key player in global trade, the Netherlands serves as a major distribution hub for many countries. Its strategic location and well-established logistics infrastructure make it an ideal destination for titanium imports.

9. Taiwan (Chinese) - $76.4 Million USD

Taiwan (Chinese) takes the ninth spot with $76.4 million USD in imports of titanium ore and concentrate. Known for its high-tech industry and advanced manufacturing sector, Taiwan relies on titanium for a wide range of applications. From semiconductors to medical devices, titanium plays a crucial role in Taiwan's economy.

10. India - $75.6 Million USD

India rounds out the top 10 with $75.6 million USD in imports of titanium ore and concentrate. As one of the world's fastest-growing economies, India has a high demand for titanium across various industries. With a focus on infrastructure development and industrial expansion, India continues to invest in titanium to fuel its growth.

Overall, the world's best import markets for titanium ore and concentrate are a diverse group of countries with varying levels of industrial development. From powerhouse economies like China and the United States to smaller yet highly specialized markets like Belgium and Taiwan, these countries all share a common interest in securing a stable supply of titanium for their industries.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for titanium ore and concentrate. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Company coverage:

    Chemours, Iluka Resources, Rio Tinto, Trimex Industries, Tronox, Group DF, Honeywell Electronic Materials Inc., Titanium Metals Corp., Timet Henderson, Image Resources NL, Base Resources Ltd., Kenmare Resources PLC, TiZir Ltd., Mineral Deposits Ltd., Mineral Commodities Ltd., Strandline Resources Ltd., Allegheny Technologies, Sumitomo Corporation, VSMPO-AVISMA Corporation, DuPont Titanium Technologies

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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