Price for Titanium; Articles Thereof, Including Waste and Scrap in Sweden - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Sweden (CIF) - 2024
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Sweden (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Sweden
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Sweden
Price for Titanium; Articles Thereof, Including Waste and Scrap in Sweden (CIF) - 2024
The average import price for titanium; articles thereof, including waste and scrap stood at $63,199 per ton in March 2024, dropping by -19.4% against the previous month. Overall, import price indicated mild growth from March 2023 to March 2024: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for titanium; articles thereof, including waste and scrap increased by +39.9% against January 2024 indices. The growth pace was the most rapid in February 2024 an increase of 74% month-to-month. As a result, import price attained the peak level of $78,421 per ton, and then reduced remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($299K per ton), while the price for China ($20,623 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Norway (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Sweden (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $15,128 per ton in 2022, declining by -37.2% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs at $45,914 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 ($87,059 per ton), while the average price for exports to Poland ($4,926 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 (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Sweden
In 2022, after two years of decline, there was significant growth in supplies from abroad of titanium; articles thereof, including waste and scrap, when their volume increased by 20% to 3.5K tons. Over the period under review, imports, however, showed a noticeable contraction.
In value terms, imports of titanium; articles thereof, including waste and scrap soared to $120M in 2022. In general, imports saw a mild expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.4 | 30.3 | 35.7 | 43.6 | -5.3% |
| Japan | 28.1 | 30.4 | 22.8 | 28.7 | 0.7% |
| China | 16.9 | 12.2 | 11.9 | 17.5 | 1.2% |
| United Kingdom | 3.3 | 10.0 | 15.1 | 10.4 | 46.6% |
| Germany | 7.3 | 7.0 | 5.0 | 6.3 | -4.8% |
| Netherlands | 0.2 | 0.1 | 0.1 | 0.8 | 58.7% |
| France | 0.1 | 0.4 | 0.2 | 0.8 | 100.0% |
| Latvia | N/A | N/A | N/A | 0.5 | 0% |
| Estonia | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Others | 9.0 | 8.9 | 10.9 | 10.8 | 6.3% |
| Total | 116 | 99.3 | 102 | 120 | 1.1% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Sweden in 2022:
- Japan (1552.5 tons)
- China (773.5 tons)
- United States (343.2 tons)
- Germany (229.5 tons)
- Latvia (91.6 tons)
- Netherlands (78.0 tons)
- France (64.7 tons)
- Estonia (57.9 tons)
- United Kingdom (55.6 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Sweden
Exports of titanium; articles thereof, including waste and scrap from Sweden surged to 2.9K tons in 2022, jumping by 87% compared with 2021 figures. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 92%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of titanium; articles thereof, including waste and scrap soared to $44M in 2022. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 3.5 | 5.2 | 9.2 | 24.2% |
| United States | 7.2 | 4.4 | 4.6 | 8.4 | 5.3% |
| United Kingdom | 2.4 | 1.2 | 6.8 | 4.0 | 18.6% |
| Finland | 1.5 | 1.1 | 1.3 | 2.7 | 21.6% |
| France | 1.0 | 1.3 | 4.1 | 2.7 | 39.2% |
| Netherlands | 0.5 | 0.6 | 0.8 | 2.5 | 71.0% |
| Norway | 2.3 | 2.0 | 2.3 | 2.0 | -4.6% |
| Austria | 0.2 | 0.3 | 1.1 | 1.9 | 111.8% |
| Latvia | 0.1 | N/A | N/A | 1.2 | 128.9% |
| China | 1.2 | 3.2 | 4.7 | 0.9 | -9.1% |
| Estonia | 0.1 | 0.1 | 0.8 | 0.7 | 91.3% |
| Poland | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Others | 6.1 | 4.5 | 5.8 | 7.7 | 8.1% |
| Total | 27.6 | 22.3 | 37.6 | 44.2 | 17.0% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Sweden in 2022:
- Germany (1406.2 tons)
- United Kingdom (461.7 tons)
- Finland (139.9 tons)
- France (122.2 tons)
- Estonia (105.1 tons)
- United States (96.6 tons)
- Netherlands (85.6 tons)
- Poland (65.0 tons)
- Norway (62.3 tons)
- Latvia (53.4 tons)
- Austria (53.3 tons)
- China (12.1 tons)
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