Price for Titanium; Articles Thereof, Including Waste and Scrap in New Zealand - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in New Zealand (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in New Zealand (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in New Zealand
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in New Zealand
Price for Titanium; Articles Thereof, Including Waste and Scrap in New Zealand (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $12,307 per ton, declining by -9.8% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2015 a decrease of -6.5%. The import price peaked at $76,657 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 United States ($55,934 per ton), while the price for Germany ($3,493 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in New Zealand (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $241,733 per ton, jumping by 25% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 53%. The export price peaked at $383,422 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($342,614 per ton), while the average price for exports to Singapore ($152,718 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 Singapore (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in New Zealand
In 2022, imports of titanium; articles thereof, including waste and scrap into New Zealand surged to 212 tons, picking up by 76% on the previous year. Overall, imports saw a strong expansion. 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 soared to $2.6M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +86.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 524 | 264 | 567 | 1,781 | 50.4% |
| United States | 549 | 391 | 292 | 326 | -15.9% |
| Canada | 105 | 171 | 375 | 235 | 30.8% |
| Germany | 12.4 | 18.9 | 29.8 | 11.5 | -2.5% |
| Italy | 776 | 291 | 79.0 | 11.3 | -75.6% |
| United Kingdom | 109 | 29.4 | 86.0 | 5.2 | -63.7% |
| Sweden | 3.6 | 0.1 | 27.0 | 0.4 | -51.9% |
| Others | 139 | 232 | 184 | 240 | 20.0% |
| Total | 2,219 | 1,396 | 1,639 | 2,609 | 5.5% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to New Zealand in 2022:
- China (192.6 tons)
- United States (5.8 tons)
- Canada (4.2 tons)
- Germany (3.3 tons)
- Italy (0.2 tons)
- United Kingdom (0.2 tons)
- Sweden (0.1 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in New Zealand
In 2022, exports of titanium; articles thereof, including waste and scrap from New Zealand fell dramatically to 2.6 tons, declining by -52.2% against the previous year. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 80%. As a result, the exports attained the peak of 5.3 tons, and then fell rapidly in the following year.
In value terms, exports of titanium; articles thereof, including waste and scrap contracted markedly to $617K in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, the exports reached the peak of $1M, and then dropped rapidly in the following year.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 54.1 | 117 | 38.1 | 211 | 57.4% |
| United States | 171 | 349 | 811 | 163 | -1.6% |
| Australia | 26.2 | 30.6 | 9.6 | 87.7 | 49.6% |
| Italy | 15.3 | 3.4 | 19.3 | 55.0 | 53.2% |
| Sri Lanka | 188 | 2.4 | 50.8 | 32.9 | -44.1% |
| Netherlands | 3.3 | N/A | 28.1 | 24.0 | 93.7% |
| France | 8.9 | 9.1 | 21.1 | 19.8 | 30.5% |
| Singapore | 13.6 | 11.0 | 20.1 | 6.0 | -23.9% |
| Spain | 17.0 | 15.1 | 17.3 | 5.6 | -30.9% |
| Others | 33.0 | 7.7 | 14.7 | 12.3 | -28.0% |
| Total | 530 | 545 | 1,030 | 617 | 5.2% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from New Zealand in 2022:
- United Kingdom (881.0 kg)
- United States (679.0 kg)
- Australia (366.0 kg)
- Italy (229.0 kg)
- Sri Lanka (137.0 kg)
- France (83.0 kg)
- Netherlands (70.0 kg)
- Singapore (39.0 kg)
- Spain (23.0 kg)
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