Price for Titanium; Articles Thereof, Including Waste and Scrap in Austria - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Austria (CIF) - 2024
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Austria (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Austria
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Austria
Price for Titanium; Articles Thereof, Including Waste and Scrap in Austria (CIF) - 2024
The average import price for titanium; articles thereof, including waste and scrap stood at $39,684 per ton in March 2024, with an increase of 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.3%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 37% month-to-month. The import price peaked in March 2024.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was China ($138K per ton), while the price for the United States ($35,546 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Austria (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $21,157 per ton in 2022, reducing by -20.2% against the previous year. In general, the export price faced a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by 54%. Over the period under review, the average export prices reached the peak figure at $68,828 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($98,640 per ton), while the average price for exports to Germany ($10,701 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 Italy (+8.4%), while the prices for the other major destinations experienced a decline.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Austria
In 2022, the amount of titanium; articles thereof, including waste and scrap imported into Austria soared to 2.6K tons, with an increase of 22% on the year before. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, imports of titanium; articles thereof, including waste and scrap skyrocketed to $69M in 2022. Overall, imports, however, recorded a deep slump.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.0 | 10.1 | 5.6 | 21.1 | 14.7% |
| Germany | 18.4 | 13.8 | 19.5 | 16.5 | -3.6% |
| Russia | 38.9 | 7.9 | 9.0 | 9.8 | -36.8% |
| France | 9.5 | 10.5 | 9.9 | 8.1 | -5.2% |
| Italy | 0.5 | 0.4 | 0.5 | 3.0 | 81.7% |
| United Kingdom | 3.7 | 1.6 | 1.1 | 1.7 | -22.8% |
| Ukraine | 1.9 | 0.4 | 0.9 | 0.8 | -25.0% |
| Netherlands | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Others | 7.8 | 7.2 | 7.5 | 7.2 | -2.6% |
| Total | 95.2 | 52.5 | 54.6 | 68.8 | -10.3% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Austria in 2022:
- Germany (912.3 tons)
- United States (619.1 tons)
- Russia (324.8 tons)
- France (319.9 tons)
- Italy (93.0 tons)
- Ukraine (65.9 tons)
- Netherlands (59.2 tons)
- United Kingdom (41.3 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Austria
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from Austria fell to 748 tons, dropping by -10.5% against the previous year's figure. Over the period under review, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 63%.
In value terms, exports of titanium; articles thereof, including waste and scrap shrank notably to $16M in 2022. Overall, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of $22M, and then declined dramatically in the following year.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.9 | 1.7 | 5.7 | 5.5 | 23.8% |
| Germany | 7.1 | 3.9 | 5.5 | 5.1 | -10.4% |
| United States | 0.3 | 1.2 | 2.9 | 1.5 | 71.0% |
| Others | 4.2 | 6.2 | 8.1 | 3.8 | -3.3% |
| Total | 14.4 | 13.0 | 22.2 | 15.8 | 3.1% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Austria in 2022:
- Germany (479.3 tons)
- Switzerland (207.1 tons)
- United States (31.5 tons)
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