Price for Titanium; Articles Thereof, Including Waste and Scrap in South Africa - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in South Africa (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in South Africa (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in South Africa
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in South Africa
Price for Titanium; Articles Thereof, Including Waste and Scrap in South Africa (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $12,418 per ton in 2022, flattening at the previous year. Over the period under review, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 26%. The import price peaked at $24,829 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,059 per ton), while the price for South Korea ($4,228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Titanium; Articles Thereof, Including Waste and Scrap in South Africa (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $28,050 per ton, dropping by -11.6% against the previous year. Over the period under review, the export price showed a abrupt decline. The growth pace was the most rapid in 2021 when the average export price increased by 98%. The export price peaked at $53,226 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($45,802 per ton), while the average price for exports to Zambia ($4,449 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 United States (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in South Africa
In 2022, approx. 708 tons of titanium; articles thereof, including waste and scrap were imported into South Africa; declining by -3.4% on the previous year. In general, imports, however, continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 126%. As a result, imports attained the peak of 733 tons, and then declined slightly in the following year.
In value terms, imports of titanium; articles thereof, including waste and scrap contracted to $8.8M in 2022. Overall, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of $9.2M, and then reduced in the following year.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 1.5 | 2.7 | 3.7 | 20.8% |
| United States | 2.4 | 1.4 | 2.4 | 1.8 | -9.1% |
| United Kingdom | 2.4 | 0.9 | 2.1 | 1.6 | -12.6% |
| Singapore | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Ukraine | N/A | N/A | 1.1 | N/A | 0% |
| Others | 0.9 | 0.4 | 0.9 | 1.4 | 15.9% |
| Total | 7.9 | 4.3 | 9.2 | 8.8 | 3.7% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to South Africa in 2022:
- China (287.9 tons)
- United Kingdom (270.6 tons)
- United States (101.8 tons)
- Singapore (26.8 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in South Africa
In 2022, overseas shipments of titanium; articles thereof, including waste and scrap decreased by -19% to 147 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 115%. As a result, the exports attained the peak of 184 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of titanium; articles thereof, including waste and scrap reduced remarkably to $4.1M in 2022. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94%. As a result, the exports reached the peak of $5.7M, and then declined sharply in the following year.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,332 | 1,408 | 4,119 | 2,783 | 27.8% |
| United Kingdom | 101 | 149 | 407 | 398 | 58.0% |
| United States | 30.9 | 30.1 | 49.1 | 294 | 111.9% |
| Germany | 353 | 228 | 327 | 87.7 | -37.1% |
| Zambia | 39.6 | 53.0 | 71.4 | 66.4 | 18.8% |
| Malawi | N/A | 44.0 | N/A | N/A | 0% |
| Finland | N/A | 121 | N/A | N/A | 0% |
| Others | 773 | 931 | 776 | 485 | -14.4% |
| Total | 2,630 | 2,965 | 5,749 | 4,115 | 16.1% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from South Africa in 2022:
- Australia (96.2 tons)
- United Kingdom (17.7 tons)
- Zambia (14.9 tons)
- United States (6.4 tons)
- Germany (3.7 tons)
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