Price for Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan
Price for Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $21,252 per ton in 2022, increasing by 20% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 258% against the previous year. Over the period under review, average import prices hit record highs at $70,102 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($108,131 per ton), while the price for the United Arab Emirates ($10,184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $3,202 per ton, with a decrease of -15.2% against the previous year. Overall, the export price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2016 an increase of 2,600%. As a result, the export price reached the peak level of $27,000 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +58.9% per year.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan
In 2022, after three years of growth, there was significant decline in purchases abroad of titanium; articles thereof, including waste and scrap, when their volume decreased by -23% to 4.8 tons. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of 6.2 tons, and then plummeted in the following year.
In value terms, imports of titanium; articles thereof, including waste and scrap dropped to $101K in 2022. In general, imports faced a sharp decline. The smallest decline of -2.9% was in 2020.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 46.5 | 36.2 | -22.2% |
| United Kingdom | 11.9 | 29.9 | N/A | 33.7 | 41.5% |
| China | 2.3 | 0.7 | N/A | 26.5 | 125.9% |
| United States | 70.2 | 58.7 | 18.0 | 4.0 | -61.5% |
| Russia | 33.9 | 121 | 32.4 | N/A | -2.2% |
| Norway | N/A | N/A | 7.9 | N/A | 0% |
| Turkey | 96.9 | 15.9 | N/A | N/A | -83.6% |
| Others | 18.4 | 1.0 | 4.5 | 0.7 | -66.4% |
| Total | 234 | 227 | 109 | 101 | -24.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Azerbaijan in 2022:
- United Arab Emirates (3551.0 kg)
- United Kingdom (945.0 kg)
- China (245.0 kg)
- United States (7.0 kg)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan
In 2022, exports of titanium; articles thereof, including waste and scrap from Azerbaijan declined significantly to 8.8 tons, shrinking by -28.6% on the previous year's figure. Overall, exports saw a significant curtailment.
In value terms, exports of titanium; articles thereof, including waste and scrap contracted markedly to $28K in 2022. In general, exports continue to indicate a dramatic slump.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Azerbaijan (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| United Kingdom | N/A | 28.2 | 0% |
| Germany | 46.4 | N/A | 0% |
| Others | 0.2 | N/A | 0% |
| Total | 46.6 | 28.2 | -39.5% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Azerbaijan in 2022:
- United Kingdom (8.8 tons)
343
This report provides an in-depth analysis of the titanium market in Azerbaijan.
169
This report provides an in-depth analysis of the aluminium and titanium market in Azerbaijan.
4554
This report provides an in-depth analysis of the global titanium market.
161
This report provides an in-depth analysis of the global aluminium and titanium market.
343
This report provides an in-depth analysis of the titanium market in Azerbaijan.
4554
This report provides an in-depth analysis of the global titanium market.
389
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.
593
Titanium is a highly versatile and sought-after material in various industries, including aerospace, automotive, medical, and industrial applications. In this article, we explore the world's best import markets for titanium, highlighting key statistics. The United States is the largest importer of titanium, followed by China, the United Kingdom, France, and Italy. These countries have strong demand for titanium in their aerospace, automotive, and other industries, contributing to the growth of the global titanium market.
1824
In value terms, titanium ores and concentrates imports totaled $X in 2016. Overall, titanium ores and concentrates imports continue to indicate a prominent expansion. In that year, global titanium ...
1053
In value terms, titanium oxides imports amounted to $X in 2016. In general, titanium oxides imports continue to indicate a relatively flat trend pattern. Over the period under review, global titani...
922
In value terms, titanium imports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last nine...
793
In value terms, titanium ores and concentrates exports stood at $X in 2016. Overall, titanium ores and concentrates exports continue to indicate a temperate increase. In that year, global titanium ...
646
In value terms, titanium oxides exports totaled $X in 2016. Overall, titanium oxides exports continue to indicate a temperate reduction. In that year, global titanium oxides exports attained its ma...
3080
In value terms, titanium exports amounted to $X in 2016. Overall, titanium exports continue to indicate a relatively flat trend pattern. Global titanium export peaked of $X in 2012; however, fro...
2677
The global titanium trade fluctuated over the period under review, with a slight downward trend in the last three years. Exports amounted to X million USD in 2015. Overall, there was an annual increase of +X% from 2007 to 2015.
389
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.
