Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia - 2024

Contents:

  1. Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia (CIF) - 2022
  2. Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia (FOB) - 2022
  3. Imports of Titanium; Articles Thereof, Including Waste and Scrap in Colombia
  4. Exports of Titanium; Articles Thereof, Including Waste and Scrap in Colombia

Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia (CIF) - 2022

In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $114,832 per ton, picking up by 11% against the previous year. Over the period under review, the import price showed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 123% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Germany ($190,100 per ton), while the price for China ($52,457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+51.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia (FOB) - 2022

In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $167,460 per ton, with an increase of 565% against the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2017 an increase of 3,596% against the previous year. As a result, the export price reached the peak level of $444,500 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 the UK amounted to +591.7% per year.

Imports of Titanium; Articles Thereof, Including Waste and Scrap in Colombia

In 2022, overseas purchases of titanium; articles thereof, including waste and scrap increased by 6.1% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a precipitous setback.

In value terms, imports of titanium; articles thereof, including waste and scrap soared to $1.9M in 2022. In general, imports, however, showed a abrupt descent.

Import of Titanium; Articles Thereof, Including Waste and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom37114947261318.2%
United States442677348408-2.6%
Italy11512623630338.1%
Brazil15.430.364.3267158.8%
China11121414915912.7%
Germany20315810557.2-34.4%
Ukraine824N/AN/AN/A0%
Others184223272130-10.9%
Total2,2661,5781,6471,938-5.1%

Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Colombia in 2022:

  1. United States (4.7 tons)
  2. United Kingdom (4.2 tons)
  3. China (3.0 tons)
  4. Italy (2.7 tons)
  5. Brazil (1.4 tons)
  6. Germany (0.3 tons)

Exports of Titanium; Articles Thereof, Including Waste and Scrap in Colombia

In 2022, approx. 174 kg of titanium; articles thereof, including waste and scrap were exported from Colombia; with a decrease of -90% on the previous year's figure. Overall, exports faced a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 43,525% against the previous year. As a result, the exports attained the peak of 1.7 tons, and then dropped dramatically in the following year.

In value terms, exports of titanium; articles thereof, including waste and scrap dropped notably to $29K in 2022. In general, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 5,538%.

Export of Titanium; Articles Thereof, Including Waste and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A41.929.1-30.5%
Peru1400.22.0N/A-88.0%
Others0.40.5N/AN/A25.0%
Total1400.843.929.1-40.8%

Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Colombia in 2022:

  1. United Kingdom (173.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Titanium Sponge Market: Continued Growth Expected with +1.4% CAGR from 2023-2030
May 13, 2024
Eye 391

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.

The World's Best Import Markets for Titanium
Sep 20, 2023
Eye 594

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.

Which Country Imports the Most Titanium Ores and Concentrates in the World?
Jul 26, 2018
Eye 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 ...

Which Country Imports the Most Titanium Oxides in the World?
Jul 26, 2018
Eye 1054

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...

Which Country Imports the Most Titanium in the World?
Jul 26, 2018
Eye 923

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...

Which Country Exports the Most Titanium Ores and Concentrates in the World?
Jul 26, 2018
Eye 794

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 ...

Which Country Exports the Most Titanium Oxides in the World?
Jul 26, 2018
Eye 647

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...

Which Country Exports the Most Titanium in the World?
Jul 26, 2018
Eye 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...

Titanium Market - Titanium Imports on the Decline in the Past Three Years
Nov 23, 2016
Eye 2678

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.

Global Titanium Sponge Market: Continued Growth Expected with +1.4% CAGR from 2023-2030
May 13, 2024
Eye 391

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.

Free Data: Titanium; articles thereof, including waste and scrap - Colombia