Price for Titanium; Articles Thereof, Including Waste and Scrap in Mexico - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Mexico (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Mexico (FOB) - 2024
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Mexico
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Mexico
Price for Titanium; Articles Thereof, Including Waste and Scrap in Mexico (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $580,817 per ton, picking up by 27% against the previous year. Overall, the import price posted a significant expansion. The growth pace was the most rapid in 2021 when the average import price increased by 32%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
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 Germany ($6,011,356 per ton), while the price for China ($69,768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+63.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Mexico (FOB) - 2024
The average export price for titanium; articles thereof, including waste and scrap stood at $26,957 per ton in March 2024, leveling off at the previous month. Overall, the export price recorded a moderate expansion. The pace of growth was the most pronounced in November 2023 an increase of 28% m-o-m. The export price peaked at $34,069 per ton in August 2023; however, from September 2023 to March 2024, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to +3.3% per month.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Mexico
In 2022, approx. 248 tons of titanium; articles thereof, including waste and scrap were imported into Mexico; waning by -11.2% compared with 2021. Overall, imports continue to indicate a dramatic decrease.
In value terms, imports of titanium; articles thereof, including waste and scrap rose rapidly to $144M in 2022. Over the period under review, imports saw a deep reduction.
Import of Titanium; Articles Thereof, Including Waste and Scrap in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 119 | 94.5 | 99.9 | 120 | 0.3% |
Germany | 17.9 | 14.6 | 16.8 | 15.4 | -4.9% |
China | 4.8 | 3.6 | 7.4 | 5.6 | 5.3% |
Russia | 22.9 | 7.1 | 1.3 | 0.7 | -68.7% |
Others | 5.8 | 3.7 | 2.4 | 2.6 | -23.5% |
Total | 170 | 123 | 128 | 144 | -5.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Mexico in 2022:
- United States (161.3 tons)
- China (80.4 tons)
- Germany (2.6 tons)
- Russia (1.4 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Mexico
In 2022, overseas shipments of titanium; articles thereof, including waste and scrap were finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a pronounced curtailment.
In value terms, exports of titanium; articles thereof, including waste and scrap surged to $48M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
Export of Titanium; Articles Thereof, Including Waste and Scrap in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 42.0 | 39.3 | 35.3 | 48.4 | 4.8% |
France | 6.5 | N/A | N/A | N/A | 0% |
Others | 0.1 | 1.4 | N/A | N/A | 1300.0% |
Total | 48.6 | 40.7 | 35.3 | 48.4 | -0.1% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Mexico in 2022:
- United States (1.9K tons)
This report provides an in-depth analysis of the titanium market in Mexico.
This report provides an in-depth analysis of the aluminium and titanium market in Mexico.
This report provides an in-depth analysis of the global titanium market.
This report provides an in-depth analysis of the global aluminium and titanium market.
This report provides an in-depth analysis of the titanium market in Mexico.
This report provides an in-depth analysis of the global titanium market.
Discover the latest trends in the global titanium market as demand for titanium sponge, powders, ingots, and slabs continues to rise. Forecasted growth in market volume and value over the next seven years is expected to reach 701K tons and $10.7B respectively by 2030.
Titanium is a highly versatile and sought-after material in various industries, including aerospace, automotive, medical, and industrial applications. In this article, we explore the world's best import markets for titanium, highlighting key statistics. The United States is the largest importer of titanium, followed by China, the United Kingdom, France, and Italy. These countries have strong demand for titanium in their aerospace, automotive, and other industries, contributing to the growth of the global titanium market.
In value terms, titanium ores and concentrates imports totaled $X in 2016. Overall, titanium ores and concentrates imports continue to indicate a prominent expansion. In that year, global titanium ...
In value terms, titanium oxides imports amounted to $X in 2016. In general, titanium oxides imports continue to indicate a relatively flat trend pattern. Over the period under review, global titani...
In value terms, titanium imports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last nine...
In value terms, titanium ores and concentrates exports stood at $X in 2016. Overall, titanium ores and concentrates exports continue to indicate a temperate increase. In that year, global titanium ...
In value terms, titanium oxides exports totaled $X in 2016. Overall, titanium oxides exports continue to indicate a temperate reduction. In that year, global titanium oxides exports attained its ma...
In value terms, titanium exports amounted to $X in 2016. Overall, titanium exports continue to indicate a relatively flat trend pattern. Global titanium export peaked of $X in 2012; however, fro...
The global titanium trade fluctuated over the period under review, with a slight downward trend in the last three years. Exports amounted to X million USD in 2015. Overall, there was an annual increase of +X% from 2007 to 2015.
Discover the latest trends in the global titanium market as demand for titanium sponge, powders, ingots, and slabs continues to rise. Forecasted growth in market volume and value over the next seven years is expected to reach 701K tons and $10.7B respectively by 2030.