Price for Titanium; Articles Thereof, Including Waste and Scrap in Ireland - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Ireland (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Ireland (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Ireland
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Ireland
Price for Titanium; Articles Thereof, Including Waste and Scrap in Ireland (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $114,595 per ton in 2022, with a decrease of -5.5% against the previous year. Overall, the import price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2017 an increase of 97% against the previous year. Over the period under review, average import prices attained the peak figure at $121,287 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($255,372 per ton), while the price for the UK ($11,262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Ireland (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $103,894 per ton in 2022, surging by 15% against the previous year. In general, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 49% against the previous year. The export price peaked at $196,866 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($369,894 per ton), while the average price for exports to Singapore ($23,730 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 Turkey (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Ireland
In 2022, after two years of decline, there was significant growth in supplies from abroad of titanium; articles thereof, including waste and scrap, when their volume increased by 32% to 375 tons. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of titanium; articles thereof, including waste and scrap skyrocketed to $43M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.6 | 10.4 | 13.0 | 13.8 | 3.1% |
| Canada | 10.8 | 4.3 | 6.9 | 9.5 | -4.2% |
| France | 2.4 | 1.9 | 5.6 | 5.8 | 34.2% |
| China | 0.8 | 0.2 | 1.5 | 5.7 | 92.4% |
| Japan | 2.2 | 1.2 | 4.1 | 3.5 | 16.7% |
| Germany | N/A | 0.2 | 0.8 | 2.5 | 253.6% |
| United Kingdom | 1.0 | 2.5 | 1.6 | 1.1 | 3.2% |
| Others | 0.4 | 0.5 | 1.0 | 1.1 | 40.1% |
| Total | 30.3 | 21.3 | 34.4 | 43.0 | 12.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Ireland in 2022:
- United States (120.5 tons)
- United Kingdom (93.9 tons)
- France (51.7 tons)
- Canada (37.4 tons)
- China (24.3 tons)
- Japan (20.4 tons)
- Germany (10.9 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Ireland
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 -6.3% to 61 tons. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 606% against the previous year. As a result, the exports reached the peak of 65 tons, and then shrank in the following year.
In value terms, exports of titanium; articles thereof, including waste and scrap expanded markedly to $6.3M in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 225% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 216 | 868 | 2,037 | 3,255 | 147.0% |
| Switzerland | 25.8 | 12.8 | 192 | 1,209 | 260.5% |
| United Kingdom | 351 | 335 | 2,519 | 1,155 | 48.7% |
| France | 122 | 150 | 107 | 315 | 37.2% |
| Canada | 0.2 | 1.0 | 34.7 | 98.4 | 689.4% |
| Italy | 93.5 | 86.3 | 75.5 | N/A | -10.1% |
| Others | 198 | 352 | 900 | 276 | 11.7% |
| Total | 1,007 | 1,805 | 5,864 | 6,308 | 84.3% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Ireland in 2022:
- United Kingdom (35.0 tons)
- Switzerland (12.3 tons)
- United States (8.8 tons)
- France (1.8 tons)
- Canada (1.4 tons)
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