Price for Titanium; Articles Thereof, Including Waste and Scrap in Hungary - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Hungary (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Hungary (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Hungary
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Hungary
Price for Titanium; Articles Thereof, Including Waste and Scrap in Hungary (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $76,007 per ton, jumping by 18% against the previous year. Over the period under review, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 an increase of 54% against the previous year. The import price peaked at $103,684 per ton in 2018; however, from 2019 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 Italy ($235,994 per ton), while the price for Poland ($15,766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Hungary (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $141,882 per ton in 2022, picking up by 22% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices attained the peak figure at $261,122 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($947,788 per ton), while the average price for exports to Slovenia ($6,983 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 Japan (+58.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Hungary
In 2022, approx. 162 tons of titanium; articles thereof, including waste and scrap were imported into Hungary; surging by 38% against 2021. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 95%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of titanium; articles thereof, including waste and scrap surged to $12M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.5 | 3.0 | 2.4 | 3.1 | 7.4% |
| Italy | 0.2 | 0.3 | 1.3 | 2.8 | 141.0% |
| France | 1.3 | 0.9 | 0.3 | 2.1 | 17.3% |
| Germany | 1.6 | 1.6 | 1.8 | 2.0 | 7.7% |
| Belgium | 1.1 | 0.5 | 0.4 | 0.6 | -18.3% |
| China | 0.1 | 0.6 | 0.4 | 0.4 | 58.7% |
| Poland | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 1.0 | 1.0 | 0.9 | 1.3 | 9.1% |
| Total | 8.1 | 7.9 | 7.6 | 12.3 | 14.9% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Hungary in 2022:
- Germany (58.0 tons)
- France (37.8 tons)
- United States (21.9 tons)
- China (13.2 tons)
- Italy (11.8 tons)
- Belgium (10.8 tons)
- Poland (3.5 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Hungary
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from Hungary rose notably to 62 tons, growing by 6.7% against the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports reached the peak of 71 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of titanium; articles thereof, including waste and scrap soared to $8.8M in 2022. Overall, exports, however, saw a deep slump.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.6 | 5.0 | 3.1 | 3.8 | -20.6% |
| Germany | 4.2 | 3.5 | 2.8 | 3.0 | -10.6% |
| Japan | N/A | N/A | N/A | 1.0 | 0% |
| United States | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Portugal | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Poland | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Slovenia | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | 0.4 | 0.5 | 0.2 | N/A | -29.3% |
| Ukraine | 0.9 | 0.8 | 0.2 | N/A | -52.9% |
| Others | 0.5 | 0.1 | 0.1 | 0.2 | -26.3% |
| Total | 14.0 | 10.2 | 6.7 | 8.8 | -14.3% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Hungary in 2022:
- France (22.3 tons)
- Germany (21.1 tons)
- Slovenia (6.5 tons)
- United States (5.5 tons)
- Portugal (1.5 tons)
- Poland (1.2 tons)
- Japan (1.1 tons)
- United Kingdom (0.1 tons)
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