Price for Titanium; Articles Thereof, Including Waste and Scrap in Algeria - 2022
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Algeria (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Algeria (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Algeria
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Algeria
Price for Titanium; Articles Thereof, Including Waste and Scrap in Algeria (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $35,058 per ton in 2022, waning by -27.6% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for titanium; articles thereof, including waste and scrap increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 120%. As a result, import price attained the peak level of $48,437 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($98,556 per ton), while the price for the United Arab Emirates ($11,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Algeria (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $16,157 per ton, picking up by 31% against the previous year. In general, the export price, however, faced a deep setback. The export price peaked at $130,952 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -18.3% per year.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Algeria
In 2022, imports of titanium; articles thereof, including waste and scrap into Algeria soared to 19 tons, jumping by 32% against the previous year's figure. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 169% against the previous year. As a result, imports attained the peak of 41 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of titanium; articles thereof, including waste and scrap reduced to $660K in 2022. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 128% against the previous year. As a result, imports reached the peak of $895K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Titanium; Articles Thereof, Including Waste and Scrap in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 46.3 | 386 | 14.9 | 198 | 62.3% |
China | 70.8 | 80.7 | 109 | 114 | 17.2% |
Canada | 64.6 | 121 | 131 | 56.1 | -4.6% |
Belgium | 6.9 | 11.2 | 31.0 | 25.3 | 54.2% |
Sweden | 4.7 | 10.3 | 3.3 | 13.4 | 41.8% |
Italy | 34.3 | 30.8 | 29.3 | 8.0 | -38.4% |
United Arab Emirates | 3.6 | 4.1 | 6.0 | 4.5 | 7.7% |
Others | 161 | 250 | 369 | 241 | 14.4% |
Total | 392 | 895 | 693 | 660 | 19.0% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Algeria in 2022:
- United Kingdom (9.8 tons)
- China (5.4 tons)
- Canada (1.1 tons)
- Belgium (0.7 tons)
- United Arab Emirates (0.4 tons)
- Sweden (0.3 tons)
- Italy (0.1 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Algeria
After three years of growth, shipments abroad of titanium; articles thereof, including waste and scrap decreased by -74.8% to 508 kg in 2022. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 250% against the previous year. As a result, the exports attained the peak of 2 tons, and then reduced rapidly in the following year.
In value terms, exports of titanium; articles thereof, including waste and scrap reduced remarkably to $8.2K in 2022. Overall, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 96%. As a result, the exports attained the peak of $25K, and then shrank notably in the following year.
Export of Titanium; Articles Thereof, Including Waste and Scrap in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.1 | 12.7 | 24.9 | 8.2 | -3.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.1 | 12.7 | 24.9 | 8.2 | -3.4% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Algeria in 2022:
- United States (508.0 kg)
This report provides an in-depth analysis of the titanium market in Algeria.
This report provides an in-depth analysis of the aluminium and titanium market in Algeria.
This report provides an in-depth analysis of the global titanium market.
This report provides an in-depth analysis of the global aluminium and titanium market.
This report provides an in-depth analysis of the titanium market in Algeria.
This report provides an in-depth analysis of the global titanium market.
Discover the latest trends in the global titanium market as demand for titanium sponge, powders, ingots, and slabs continues to rise. Forecasted growth in market volume and value over the next seven years is expected to reach 701K tons and $10.7B respectively by 2030.
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