Price for Titanium; Articles Thereof, Including Waste and Scrap in Australia - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Australia (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Australia (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Australia
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Australia
Price for Titanium; Articles Thereof, Including Waste and Scrap in Australia (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $70,939 per ton in 2022, surging by 5.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($153,237 per ton), while the price for China ($35,371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Australia (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $17,071 per ton in 2022, shrinking by -6.7% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 302%. As a result, the export price reached the peak level of $73,560 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($438,940 per ton), while the average price for exports to Singapore ($5,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Australia
After two years of decline, purchases abroad of titanium; articles thereof, including waste and scrap increased by 3.8% to 473 tons in 2022. In general, imports, however, showed a deep contraction.
In value terms, imports of titanium; articles thereof, including waste and scrap expanded markedly to $34M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.2 | 17.5 | 15.6 | 17.5 | -7.6% |
| China | 5.8 | 6.3 | 7.2 | 9.2 | 16.6% |
| South Africa | 1.3 | 1.4 | 3.9 | 2.7 | 27.6% |
| Germany | 0.5 | 1.0 | 0.8 | 0.9 | 21.6% |
| United Kingdom | 1.0 | 0.6 | 0.9 | 0.8 | -7.2% |
| Others | 2.0 | 2.1 | 2.3 | 2.5 | 7.7% |
| Total | 32.8 | 28.9 | 30.7 | 33.5 | 0.7% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Australia in 2022:
- China (260.6 tons)
- United States (147.7 tons)
- South Africa (17.8 tons)
- Germany (15.2 tons)
- United Kingdom (11.8 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Australia
In 2022, approx. 166 tons of titanium; articles thereof, including waste and scrap were exported from Australia; falling by -12.9% against 2021. Overall, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 295% against the previous year. As a result, the exports attained the peak of 191 tons, and then declined in the following year.
In value terms, exports of titanium; articles thereof, including waste and scrap dropped dramatically to $2.8M in 2022. In general, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 198%.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 103 | 430 | 733 | 827 | 100.2% |
| Singapore | 122 | 25.6 | 386 | 618 | 71.7% |
| United States | 130 | 283 | 420 | 254 | 25.0% |
| Spain | 15.1 | N/A | 18.4 | 51.6 | 50.6% |
| United Kingdom | 47.3 | 1.7 | 80.9 | 50.0 | 1.9% |
| New Caledonia | 7,410 | 59.2 | 2.4 | N/A | -98.2% |
| Poland | N/A | 19.8 | 60.6 | N/A | 206.1% |
| Estonia | N/A | N/A | 169 | N/A | 0% |
| Others | 388 | 351 | 1,618 | 1,035 | 38.7% |
| Total | 8,216 | 1,170 | 3,488 | 2,836 | -29.9% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Australia in 2022:
- Singapore (122.3 tons)
- United States (18.6 tons)
- United Kingdom (8.6 tons)
- Spain (8.5 tons)
- Malaysia (2.8 tons)
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