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

Contents:

  1. Price for Titanium; Articles Thereof, Including Waste and Scrap in Guatemala (CIF) - 2024
  2. Imports of Titanium; Articles Thereof, Including Waste and Scrap in Guatemala

Price for Titanium; Articles Thereof, Including Waste and Scrap in Guatemala (CIF) - 2024

The average import price for titanium; articles thereof, including waste and scrap stood at $6,459 per ton in April 2024, leveling off at the previous month. Overall, the import price, however, showed a drastic downturn. The growth pace was the most rapid in November 2023 when the average import price increased by 28% month-to-month. Over the period under review, average import prices reached the peak figure at $83,000 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From April 2023 to April 2024, the rate of growth in terms of prices for Mexico amounted to -9.2% per month.

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

In 2022, imports of titanium; articles thereof, including waste and scrap into Guatemala surged to 3.3 tons, growing by 278% compared with the previous year. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 682% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of titanium; articles thereof, including waste and scrap skyrocketed to $125K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 935%. As a result, imports attained the peak of $174K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Titanium; Articles Thereof, Including Waste and Scrap in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.21.81.787.6659.4%
United Kingdom10.980.925.924.330.6%
Germany2.04.013.75.237.5%
United States1.978.011.02.48.1%
China1.03.00.40.3-33.1%
Others0.76.20.55.092.6%
Total16.817453.112595.2%

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

  1. Mexico (3225.0 kg)
  2. United Kingdom (20.0 kg)
  3. Germany (18.0 kg)
  4. United States (4.0 kg)
  5. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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