Price for Titanium; Articles Thereof, Including Waste and Scrap in Finland - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Finland (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Finland (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Finland
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Finland
Price for Titanium; Articles Thereof, Including Waste and Scrap in Finland (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $12,094 per ton in 2022, surging by 40% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. Over the period under review, average import prices hit record highs at $66,605 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 China ($68,837 per ton), while the price for Germany ($8,491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Finland (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $21,394 per ton in 2022, rising by 4.8% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 135%. The export price peaked at $79,625 per ton in 2015; however, from 2016 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 ($394,048 per ton), while the average price for exports to the UK ($9,994 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 (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Finland
Imports of titanium; articles thereof, including waste and scrap into Finland rose markedly to 1.7K tons in 2022, increasing by 5.7% compared with 2021. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of titanium; articles thereof, including waste and scrap soared to $20M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.2 | 8.1 | 8.1 | 11.8 | 17.9% |
| Japan | 0.4 | 0.4 | 1.4 | 2.1 | 73.8% |
| Italy | 1.0 | 0.4 | 0.4 | 1.2 | 6.3% |
| Sweden | 1.8 | 0.8 | 1.0 | 1.1 | -15.1% |
| Slovenia | N/A | N/A | N/A | 0.4 | 0% |
| Others | 4.4 | 3.1 | 2.7 | 3.4 | -8.2% |
| Total | 14.8 | 12.9 | 13.6 | 20.0 | 10.6% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Finland in 2022:
- Germany (1392.1 tons)
- Japan (90.2 tons)
- Italy (67.3 tons)
- Sweden (41.6 tons)
- Slovenia (26.1 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of titanium; articles thereof, including waste and scrap, when their volume decreased by -30.2% to 65 tons. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 339%.
In value terms, exports of titanium; articles thereof, including waste and scrap reduced rapidly to $1.4M in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 446%. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 171 | 492 | 433 | 521 | 45.0% |
| United Kingdom | 17.3 | 53.7 | 481 | 447 | 195.6% |
| Germany | 37.2 | 357 | 846 | 250 | 88.7% |
| Russia | 90.8 | 54.4 | 6.4 | 38.2 | -25.1% |
| United States | 8.2 | 1,836 | 32.0 | 33.1 | 59.2% |
| Others | 230 | 233 | 99.7 | 99.2 | -24.4% |
| Total | 554 | 3,026 | 1,897 | 1,389 | 35.9% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Finland in 2022:
- United Kingdom (44.7 tons)
- Sweden (10.3 tons)
- Germany (7.9 tons)
- Russia (1.0 tons)
- United States (0.1 tons)
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