Price for Titanium; Articles Thereof, Including Waste and Scrap in Belgium - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Belgium (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Belgium (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Belgium
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Belgium
Price for Titanium; Articles Thereof, Including Waste and Scrap in Belgium (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $47,382 per ton, surging by 8.8% against the previous year. In general, the import price, however, showed a mild decrease. The pace of growth appeared the most rapid in 2016 an increase of 19%. Over the period under review, average import prices hit record highs at $66,379 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 the United States ($72,957 per ton), while the price for the Netherlands ($20,703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Belgium (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $23,586 per ton in 2022, with an increase of 1.8% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2013 an increase of 32%. The export price peaked at $54,086 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($51,527 per ton), while the average price for exports to the Netherlands ($7,813 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 the United States (+9.9%), while the prices for the other major destinations experienced a decline.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Belgium
In 2022, approx. 2K tons of titanium; articles thereof, including waste and scrap were imported into Belgium; remaining stable against the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.
In value terms, imports of titanium; articles thereof, including waste and scrap rose significantly to $93M in 2022. Over the period under review, imports continue to indicate a deep downturn.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.9 | 34.8 | 34.0 | 31.5 | -7.6% |
| Russia | 9.0 | 8.6 | 8.8 | 17.3 | 24.3% |
| Germany | 24.9 | 11.6 | 17.9 | 14.8 | -15.9% |
| China | 4.7 | 8.4 | 3.9 | 11.6 | 35.1% |
| France | 6.4 | 5.7 | 6.6 | 3.9 | -15.2% |
| Taiwan (Chinese) | 1.5 | 2.4 | 1.4 | 2.3 | 15.3% |
| United Kingdom | 2.0 | 1.3 | 2.2 | 2.1 | 1.6% |
| Netherlands | 1.1 | 1.1 | 0.7 | 1.7 | 15.6% |
| Others | 23.0 | 9.3 | 9.8 | 7.2 | -32.1% |
| Total | 113 | 83.0 | 85.3 | 92.5 | -6.5% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Belgium in 2022:
- United States (432.2 tons)
- Germany (403.8 tons)
- Russia (326.2 tons)
- China (297.4 tons)
- France (157.6 tons)
- United Kingdom (85.0 tons)
- Netherlands (82.1 tons)
- Taiwan (Chinese) (38.4 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Belgium
For the fourth consecutive year, Belgium recorded growth in shipments abroad of titanium; articles thereof, including waste and scrap, which increased by 14% to 2.7K tons in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 66%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of titanium; articles thereof, including waste and scrap skyrocketed to $64M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.5 | 5.2 | 14.4 | 17.0 | 31.4% |
| France | 24.9 | 14.5 | 11.4 | 12.2 | -21.2% |
| China | 0.6 | 3.8 | 6.4 | 8.8 | 144.8% |
| United Kingdom | 3.6 | 3.1 | 8.7 | 7.2 | 26.0% |
| United States | 6.8 | 8.3 | 4.7 | 6.3 | -2.5% |
| Netherlands | 1.8 | 2.1 | 2.6 | 2.1 | 5.3% |
| Romania | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Others | 19.3 | 8.0 | 6.3 | 9.1 | -22.2% |
| Total | 64.6 | 45.1 | 54.9 | 63.5 | -0.6% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Belgium in 2022:
- Germany (742.0 tons)
- China (712.8 tons)
- United Kingdom (282.2 tons)
- Netherlands (275.0 tons)
- France (265.0 tons)
- United States (122.8 tons)
- Romania (59.9 tons)
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