Price for Titanium; Articles Thereof, Including Waste and Scrap in Romania - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Romania (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Romania (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Romania
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Romania
Price for Titanium; Articles Thereof, Including Waste and Scrap in Romania (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $14,794 per ton, falling by -4.7% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for titanium; articles thereof, including waste and scrap decreased by -5.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 79% against the previous year. The import price peaked at $15,595 per ton in 2020; however, from 2021 to 2022, 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 the United States ($54,011 per ton), while the price for Slovenia ($4,308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Romania (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $21,215 per ton in 2022, increasing by 12% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 38% against the previous year. The export price peaked at $22,365 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($36,274 per ton), while the average price for exports to Slovakia ($2,753 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 the UK (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Romania
Imports of titanium; articles thereof, including waste and scrap into Romania rose sharply to 1.2K tons in 2022, growing by 14% on 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of titanium; articles thereof, including waste and scrap expanded markedly to $18M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +68.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 1.3 | 1.7 | 2.9 | 69.1% |
| United States | 1.2 | 2.0 | 3.1 | 2.7 | 31.0% |
| Russia | 1.2 | 1.0 | 1.1 | 2.0 | 18.6% |
| France | 1.1 | 1.5 | 2.6 | 1.8 | 17.8% |
| Denmark | 2.1 | 2.1 | 1.9 | 1.6 | -8.7% |
| Spain | 0.3 | 0.4 | 1.1 | 1.1 | 54.2% |
| Italy | 0.5 | 0.4 | 0.6 | 1.0 | 26.0% |
| Belgium | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Kazakhstan | N/A | N/A | 0.4 | 0.8 | 100.0% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Saudi Arabia | N/A | N/A | N/A | 0.4 | 0% |
| Poland | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Slovenia | N/A | N/A | N/A | 0.1 | 0% |
| Others | 3.6 | 4.1 | 3.5 | 2.3 | -13.9% |
| Total | 10.7 | 13.2 | 16.6 | 18.1 | 19.2% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Romania in 2022:
- Germany (362.7 tons)
- Spain (213.2 tons)
- Kazakhstan (88.1 tons)
- France (81.4 tons)
- Denmark (81.0 tons)
- Italy (68.7 tons)
- United States (49.3 tons)
- Russia (45.5 tons)
- Belgium (41.7 tons)
- Saudi Arabia (36.3 tons)
- Slovenia (33.7 tons)
- Netherlands (23.9 tons)
- Poland (18.4 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Romania
After two years of decline, overseas shipments of titanium; articles thereof, including waste and scrap increased by 32% to 399 tons in 2022. Overall, exports, however, showed a abrupt decline.
In value terms, exports of titanium; articles thereof, including waste and scrap surged to $8.5M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3,294 | 3,423 | 2,785 | 3,705 | 4.0% |
| Germany | 1,138 | 1,712 | 1,036 | 2,189 | 24.4% |
| Austria | 344 | 137 | 672 | 1,044 | 44.8% |
| Poland | N/A | 101 | 107 | 276 | 65.3% |
| Italy | 1,014 | 35.3 | 133 | 262 | -36.3% |
| Sweden | 1.7 | N/A | N/A | 119 | 312.1% |
| Taiwan (Chinese) | 159 | 345 | 65.1 | 78.0 | -21.1% |
| Slovakia | N/A | N/A | N/A | 48.9 | 0% |
| Luxembourg | 290 | 0.8 | 48.1 | 2.0 | -81.0% |
| Others | 363 | 413 | 868 | 751 | 27.4% |
| Total | 6,603 | 6,168 | 5,714 | 8,473 | 8.7% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Romania in 2022:
- Germany (124.5 tons)
- United Kingdom (102.1 tons)
- Poland (47.6 tons)
- Austria (35.8 tons)
- Sweden (21.0 tons)
- Taiwan (Chinese) (17.8 tons)
- Slovakia (17.7 tons)
- Italy (11.5 tons)
- Luxembourg (0.1 tons)
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