Price for Titanium; Articles Thereof, Including Waste and Scrap in Qatar - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Qatar (CIF) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Qatar
Price for Titanium; Articles Thereof, Including Waste and Scrap in Qatar (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $7,704 per ton in 2022, surging by 3.4% against the previous year. In general, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 an increase of 53%. As a result, import price reached the peak level of $23,757 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 ($3,125,586 per ton), while the price for China ($9,982 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+99.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Qatar
In 2022, approx. 458 tons of titanium; articles thereof, including waste and scrap were imported into Qatar; falling by -8.9% compared with 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% 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 +70.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. As a result, imports reached the peak of 502 tons, and then shrank in the following year.
In value terms, imports of titanium; articles thereof, including waste and scrap contracted to $3.5M in 2022. Over the period under review, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year.
Import of Titanium; Articles Thereof, Including Waste and Scrap in Qatar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.2 | 1.3 | 3.0 | 2.4 | 2.9% |
United States | 0.9 | 0.8 | 0.5 | 0.4 | -23.7% |
Italy | 0.4 | N/A | N/A | 0.3 | -9.1% |
Others | 0.5 | 0.6 | 0.2 | 0.5 | 0.0% |
Total | 4.0 | 2.8 | 3.7 | 3.5 | -4.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Qatar in 2022:
- China (240.8 tons)
- Italy (7.1 tons)
- United States (1.3 tons)
This report provides an in-depth analysis of the titanium market in Qatar.
This report provides an in-depth analysis of the aluminium and titanium market in Qatar.
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 Qatar.
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.
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