Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Colombia (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Colombia
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 371 | 149 | 472 | 613 | 18.2% |
United States | 442 | 677 | 348 | 408 | -2.6% |
Italy | 115 | 126 | 236 | 303 | 38.1% |
Brazil | 15.4 | 30.3 | 64.3 | 267 | 158.8% |
China | 111 | 214 | 149 | 159 | 12.7% |
Germany | 203 | 158 | 105 | 57.2 | -34.4% |
Ukraine | 824 | N/A | N/A | N/A | 0% |
Others | 184 | 223 | 272 | 130 | -10.9% |
Total | 2,266 | 1,578 | 1,647 | 1,938 | -5.1% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Colombia in 2022:
- United States (4.7 tons)
- United Kingdom (4.2 tons)
- China (3.0 tons)
- Italy (2.7 tons)
- Brazil (1.4 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | 41.9 | 29.1 | -30.5% |
Peru | 140 | 0.2 | 2.0 | N/A | -88.0% |
Others | 0.4 | 0.5 | N/A | N/A | 25.0% |
Total | 140 | 0.8 | 43.9 | 29.1 | -40.8% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Colombia in 2022:
- United Kingdom (173.0 kg)
This report provides an in-depth analysis of the titanium market in Colombia.
This report provides an in-depth analysis of the aluminium and titanium market in Colombia.
This report provides an in-depth analysis of the global titanium market.
This report provides an in-depth analysis of the global aluminium and titanium market.
This report provides an in-depth analysis of the titanium market in Colombia.
This report provides an in-depth analysis of the global titanium market.
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.
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