Price for Titanium; Articles Thereof, Including Waste and Scrap in India - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in India (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in India (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in India
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in India
Price for Titanium; Articles Thereof, Including Waste and Scrap in India (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $13,645 per ton in 2022, rising by 25% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The import price peaked at $32,785 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29,636 per ton), while the price for Singapore ($5,322 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Titanium; Articles Thereof, Including Waste and Scrap in India (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $31,539 per ton, declining by -2.6% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for titanium; articles thereof, including waste and scrap decreased by -8.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 76% against the previous year. The export price peaked at $34,437 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($97,778 per ton), while the average price for exports to the Netherlands ($10,194 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 (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in India
Imports of titanium; articles thereof, including waste and scrap into India contracted to 9K tons in 2022, reducing by -7.2% compared with the year before. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of 9.7K tons, and then declined in the following year.
In value terms, imports of titanium; articles thereof, including waste and scrap surged to $123M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.3% 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 +71.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.4 | 19.8 | 34.6 | 46.8 | 13.0% |
| United States | 22.9 | 13.7 | 20.6 | 16.8 | -9.8% |
| United Kingdom | 8.9 | 4.3 | 5.9 | 8.3 | -2.3% |
| Germany | 7.5 | 4.9 | 8.3 | 7.9 | 1.7% |
| Singapore | 2.0 | 2.1 | 4.0 | 7.0 | 51.8% |
| Japan | 15.7 | 8.9 | 8.3 | 6.9 | -24.0% |
| Taiwan (Chinese) | 0.7 | 2.1 | 2.2 | 6.8 | 113.4% |
| South Korea | 2.6 | 1.8 | 3.4 | 3.5 | 10.4% |
| Kazakhstan | 0.5 | 0.3 | 0.5 | 2.9 | 79.7% |
| Italy | 5.8 | 2.9 | 3.2 | 1.4 | -37.7% |
| Russia | 3.5 | 0.9 | 4.2 | 1.3 | -28.1% |
| United Arab Emirates | 0.2 | 0.2 | 0.7 | 1.2 | 81.7% |
| Others | 8.6 | 9.9 | 10.3 | 12.0 | 11.7% |
| Total | 111 | 71.8 | 106 | 123 | 3.5% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to India in 2022:
- China (2489.6 tons)
- Singapore (1307.0 tons)
- Japan (1137.2 tons)
- United States (936.7 tons)
- Taiwan (Chinese) (694.0 tons)
- South Korea (556.6 tons)
- United Kingdom (306.2 tons)
- Kazakhstan (272.2 tons)
- Germany (265.4 tons)
- United Arab Emirates (156.7 tons)
- Italy (135.2 tons)
- Russia (80.5 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in India
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from India surged to 206 tons, picking up by 51% against 2021 figures. Overall, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.7% against 2020 indices.
In value terms, exports of titanium; articles thereof, including waste and scrap soared to $6.5M in 2022. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 93% against the previous year. As a result, the exports reached the peak of $8.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 285 | 377 | 302 | 1,144 | 58.9% |
| Turkey | 66.1 | 1,215 | 718 | 855 | 134.7% |
| China | 180 | 57.1 | 95.4 | 854 | 68.0% |
| South Korea | 1,280 | 283 | 585 | 490 | -27.4% |
| Australia | 70.8 | 42.8 | 51.1 | 346 | 69.7% |
| United Kingdom | 154 | 239 | 85.3 | 251 | 17.7% |
| Germany | 78.4 | 35.3 | 345 | 211 | 39.1% |
| Philippines | N/A | N/A | 660 | 204 | -69.1% |
| Indonesia | 6.9 | 455 | 4.9 | 151 | 179.7% |
| United Arab Emirates | 64.8 | 151 | 47.3 | 132 | 26.8% |
| Bangladesh | 2.3 | 6.5 | 76.3 | 93.5 | 243.8% |
| Netherlands | 40.7 | 28.1 | 39.1 | 54.5 | 10.2% |
| Russia | N/A | 3,819 | N/A | 4.4 | -96.6% |
| Others | 2,281 | 2,010 | 1,418 | 1,706 | -9.2% |
| Total | 4,510 | 8,720 | 4,428 | 6,496 | 12.9% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from India in 2022:
- United States (66.9 tons)
- Turkey (24.8 tons)
- South Korea (22.9 tons)
- China (18.9 tons)
- Germany (10.6 tons)
- Australia (10.5 tons)
- Netherlands (5.4 tons)
- United Kingdom (5.3 tons)
- United Arab Emirates (5.1 tons)
- Bangladesh (4.5 tons)
- Philippines (3.8 tons)
- Indonesia (3.2 tons)
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