Price for Titanium; Articles Thereof, Including Waste and Scrap in Italy - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Italy (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Italy (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Italy
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Italy
Price for Titanium; Articles Thereof, Including Waste and Scrap in Italy (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $24,821 per ton, shrinking by -5.4% against the previous year. Overall, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of 7.5%. The import price peaked at $34,302 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 the UK ($57,662 per ton), while the price for Ukraine ($9,039 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Italy (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $20,310 per ton, with a decrease of -4.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. As a result, the export price reached the peak level of $21,679 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($41,768 per ton), while the average price for exports to Poland ($8,612 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Italy
In 2022, overseas purchases of titanium; articles thereof, including waste and scrap were finally on the rise to reach 9.1K tons after two years of decline. Overall, imports, however, continue to indicate a mild downturn.
In value terms, imports of titanium; articles thereof, including waste and scrap skyrocketed to $226M in 2022. Over the period under review, imports, however, showed a deep contraction.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.6 | 22.4 | 30.0 | 59.4 | 18.6% |
| United States | 114 | 88.2 | 32.6 | 51.7 | -23.2% |
| Germany | 32.8 | 25.8 | 26.5 | 30.4 | -2.5% |
| Czech Republic | 22.1 | 18.8 | 17.1 | 21.5 | -0.9% |
| France | 23.7 | 20.0 | 18.1 | 15.1 | -14.0% |
| United Kingdom | 14.4 | 13.6 | 7.9 | 9.8 | -12.0% |
| Netherlands | 9.4 | 7.5 | 7.8 | 8.0 | -5.2% |
| Japan | 10.5 | 7.2 | 6.1 | 6.7 | -13.9% |
| Russia | 3.5 | 3.2 | 3.7 | 4.1 | 5.4% |
| Ukraine | 7.6 | 5.9 | 4.7 | 3.3 | -24.3% |
| Kazakhstan | N/A | N/A | 0.2 | 2.4 | 1100.0% |
| Others | 11.4 | 9.0 | 12.1 | 13.5 | 5.8% |
| Total | 285 | 221 | 167 | 226 | -7.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Italy in 2022:
- China (2563.9 tons)
- Czech Republic (1418.3 tons)
- United States (1384.9 tons)
- Germany (1104.6 tons)
- Netherlands (458.0 tons)
- France (366.9 tons)
- Ukraine (361.8 tons)
- Japan (341.3 tons)
- Kazakhstan (236.0 tons)
- Russia (186.4 tons)
- United Kingdom (170.5 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Italy
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from Italy skyrocketed to 8.1K tons, jumping by 33% compared with the previous year. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, exports of titanium; articles thereof, including waste and scrap surged to $165M in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.6 | 26.2 | 34.8 | 35.2 | 5.9% |
| Czech Republic | 18.8 | 15.4 | 14.3 | 17.3 | -2.7% |
| France | 14.8 | 9.6 | 11.1 | 17.0 | 4.7% |
| United States | 16.1 | 8.0 | 6.3 | 15.2 | -1.9% |
| Switzerland | 10.7 | 7.7 | 7.2 | 9.9 | -2.6% |
| United Kingdom | 9.2 | 11.7 | 6.8 | 8.5 | -2.6% |
| Poland | 1.1 | 2.1 | 3.9 | 5.7 | 73.0% |
| Austria | 1.1 | 0.9 | 1.0 | 4.4 | 58.7% |
| Spain | 3.5 | 2.2 | 3.3 | 4.0 | 4.6% |
| Norway | 6.1 | 4.7 | 2.2 | 3.7 | -15.4% |
| India | 3.6 | 3.0 | 3.0 | 1.3 | -28.8% |
| South Korea | 2.8 | 2.3 | 1.5 | 1.0 | -29.1% |
| Estonia | 0.3 | 0.4 | 1.1 | 0.4 | 10.1% |
| Others | 28.9 | 28.4 | 34.0 | 41.3 | 12.6% |
| Total | 147 | 123 | 130 | 165 | 3.9% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Italy in 2022:
- Germany (1985.1 tons)
- Czech Republic (1423.1 tons)
- United States (1368.1 tons)
- Poland (656.4 tons)
- France (412.8 tons)
- Spain (331.2 tons)
- Switzerland (275.0 tons)
- United Kingdom (233.7 tons)
- Austria (135.3 tons)
- Norway (106.7 tons)
- Estonia (67.3 tons)
- South Korea (48.1 tons)
- India (32.3 tons)
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