Price for Titanium; Articles Thereof, Including Waste and Scrap in Spain - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Spain (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Spain (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Spain
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Spain
Price for Titanium; Articles Thereof, Including Waste and Scrap in Spain (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $17,342 per ton in 2022, which is down by -21.6% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 20%. As a result, import price attained the peak level of $29,703 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($67,990 per ton), while the price for Belgium ($3,403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Spain (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $16,631 per ton, growing by 8.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs at $16,705 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($63,040 per ton), while the average price for exports to Portugal ($3,353 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 Norway (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Spain
In 2022, supplies from abroad of titanium; articles thereof, including waste and scrap was finally on the rise to reach 5.6K tons after two years of decline. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $97M in 2022. Over the period under review, imports, however, saw a mild descent.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.3 | 23.6 | 24.9 | 33.6 | 4.7% |
| France | 13.0 | 19.7 | 12.4 | 15.1 | 5.1% |
| Germany | 14.1 | 11.8 | 10.2 | 14.1 | 0.0% |
| United Kingdom | 21.9 | 7.0 | 4.9 | 9.3 | -24.8% |
| China | 5.2 | 3.1 | 4.0 | 8.4 | 17.3% |
| Italy | 2.1 | 1.3 | 1.8 | 3.5 | 18.6% |
| Japan | 1.0 | 1.3 | 1.3 | 1.3 | 9.1% |
| Portugal | 0.6 | 0.7 | 1.2 | 1.1 | 22.4% |
| Belgium | N/A | 0.4 | 0.1 | 1.0 | 58.1% |
| Others | 13.8 | 9.2 | 9.9 | 9.8 | -10.8% |
| Total | 101 | 78.2 | 70.6 | 97.3 | -1.2% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Spain in 2022:
- Germany (1340.4 tons)
- China (896.3 tons)
- France (799.5 tons)
- Italy (664.5 tons)
- United States (494.8 tons)
- Japan (318.8 tons)
- Belgium (295.7 tons)
- Portugal (286.4 tons)
- United Kingdom (155.5 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Spain
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from Spain expanded markedly to 1.9K tons, increasing by 10% against the year before. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of titanium; articles thereof, including waste and scrap surged to $31M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.7 | 11.6 | 11.2 | 12.1 | 48.4% |
| United States | 2.6 | 1.7 | 1.1 | 3.5 | 10.4% |
| Germany | 1.1 | 1.8 | 3.1 | 2.5 | 31.5% |
| United Kingdom | 2.0 | 2.9 | 2.1 | 1.8 | -3.5% |
| Portugal | 0.4 | 0.4 | 1.3 | 1.6 | 58.7% |
| Brazil | 0.5 | 0.3 | 0.4 | 1.5 | 44.2% |
| Italy | 1.8 | 0.9 | 1.1 | 1.2 | -12.6% |
| Iceland | N/A | N/A | N/A | 0.6 | 0% |
| Poland | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Estonia | 0.3 | N/A | 0.1 | 0.5 | 18.6% |
| Norway | N/A | N/A | N/A | 0.4 | 0% |
| Austria | 0.1 | 1.1 | 0.2 | 0.2 | 26.0% |
| Ukraine | 0.8 | 0.5 | 0.9 | 0.1 | -50.0% |
| Others | 5.0 | 4.6 | 4.3 | 4.9 | -0.7% |
| Total | 18.3 | 25.8 | 26.1 | 31.2 | 19.5% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Spain in 2022:
- Portugal (464.0 tons)
- United States (365.8 tons)
- United Kingdom (204.8 tons)
- France (191.6 tons)
- Brazil (114.7 tons)
- Estonia (83.5 tons)
- Poland (68.6 tons)
- Germany (67.8 tons)
- Iceland (56.4 tons)
- Italy (48.6 tons)
- Norway (37.6 tons)
- Austria (21.0 tons)
- Ukraine (12.7 tons)
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