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)
This report provides an in-depth analysis of the titanium market in South Africa.
This report provides an in-depth analysis of the aluminium and titanium market in South Africa.
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 South Africa.
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.