Price for Titanium; Articles Thereof, Including Waste and Scrap in Iran - 2022
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Iran (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Iran (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Iran
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Iran
Price for Titanium; Articles Thereof, Including Waste and Scrap in Iran (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $40,398 per ton, which is down by -6.1% against the previous year. Overall, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 51%. Over the period under review, average import prices reached the maximum at $45,972 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($264,655 per ton), while the price for China ($33,017 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Iran (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $129,823 per ton, increasing by 244% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($212,000 per ton), while the average price for exports to China ($27,089 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 India (+21.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Iran
In 2022, the amount of titanium; articles thereof, including waste and scrap imported into Iran shrank rapidly to 150 tons, which is down by -29% compared with the previous year's figure. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 211 tons, and then dropped remarkably in the following year.
In value terms, imports of titanium; articles thereof, including waste and scrap reduced dramatically to $6M in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $9.1M, and then contracted remarkably in the following year.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 2.3 | 5.1 | 4.1 | 9.8% |
| Turkey | 2.9 | 1.7 | 1.5 | 0.5 | -44.3% |
| United Arab Emirates | 0.6 | 0.3 | 0.5 | 0.4 | -12.6% |
| Hong Kong SAR | 0.3 | 0.1 | 0.5 | 0.3 | 0.0% |
| Others | 0.5 | 0.8 | 1.5 | 0.7 | 11.9% |
| Total | 7.4 | 5.2 | 9.1 | 6.0 | -6.8% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Iran in 2022:
- China (124.3 tons)
- United Arab Emirates (8.5 tons)
- Turkey (7.0 tons)
- Hong Kong SAR (4.2 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Iran
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from Iran contracted markedly to 2.4 tons, declining by -37.5% against the year before. Overall, exports saw a sharp setback. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year.
In value terms, exports of titanium; articles thereof, including waste and scrap soared to $307K in 2022. In general, exports, however, posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | N/A | N/A | N/A | 296 | 0% |
| Germany | 130 | 48.7 | 80.3 | 5.6 | -64.9% |
| China | 101 | 33.5 | 48.5 | 1.2 | -77.2% |
| India | 16.3 | 7.3 | 13.8 | 0.4 | -70.9% |
| Others | N/A | N/A | N/A | 3.3 | 0% |
| Total | 247 | 89.4 | 143 | 307 | 7.5% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Iran in 2022:
- Armenia (2254.0 kg)
- Germany (47.0 kg)
- China (45.0 kg)
- India (2.0 kg)
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