Price for Titanium; Articles Thereof, Including Waste and Scrap in the UK - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in the UK
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in the UK
Price for Titanium; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $49,928 per ton in 2022, with an increase of 4.3% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for titanium; articles thereof, including waste and scrap increased by +60.8% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($99,497 per ton), while the average price for exports to South Africa ($12,929 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 Russia (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $20,365 per ton in 2022, increasing by 2.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $24,656 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($41,468 per ton), while the price for Saudi Arabia ($5,981 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Titanium; Articles Thereof, Including Waste and Scrap in the UK
In 2022, shipments abroad of titanium; articles thereof, including waste and scrap was finally on the rise to reach 11K tons after two years of decline. In general, exports, however, showed a drastic downturn.
In value terms, exports of titanium; articles thereof, including waste and scrap surged to $529M in 2022. Over the period under review, exports, however, showed a pronounced curtailment.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 134 | 73.1 | 82.7 | 117 | -4.4% |
| Germany | 88.5 | 63.0 | 50.9 | 75.6 | -5.1% |
| United States | 109 | 67.7 | 64.2 | 73.0 | -12.5% |
| Czech Republic | 32.1 | 26.2 | 34.6 | 52.3 | 17.7% |
| Australia | 1.9 | 3.1 | 5.0 | 31.8 | 155.8% |
| Italy | 21.3 | 21.5 | 12.7 | 20.5 | -1.3% |
| China | 14.2 | 5.7 | 9.5 | 16.6 | 5.3% |
| Canada | 9.8 | 7.6 | 12.0 | 14.4 | 13.7% |
| Spain | 16.1 | 9.6 | 10.6 | 10.3 | -13.8% |
| Netherlands | 5.5 | 3.0 | 3.9 | 6.6 | 6.3% |
| India | 6.5 | 3.2 | 4.5 | 5.5 | -5.4% |
| Austria | 12.4 | 7.5 | 5.1 | 4.2 | -30.3% |
| South Africa | 2.5 | 1.0 | 2.9 | 1.1 | -23.9% |
| Others | 110 | 84.9 | 86.0 | 99.7 | -3.2% |
| Total | 563 | 377 | 385 | 529 | -2.1% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from the UK in 2022:
- United States (2614.2 tons)
- France (2454.5 tons)
- Czech Republic (1102.4 tons)
- Germany (1088.8 tons)
- Australia (519.4 tons)
- Italy (442.3 tons)
- China (299.8 tons)
- Canada (241.9 tons)
- Netherlands (172.8 tons)
- India (141.1 tons)
- Spain (105.3 tons)
- Austria (90.8 tons)
- South Africa (82.3 tons)
Imports of Titanium; Articles Thereof, Including Waste and Scrap in the UK
After two years of decline, supplies from abroad of titanium; articles thereof, including waste and scrap increased by 26% to 22K tons in 2022. In general, imports, however, continue to indicate a abrupt contraction.
In value terms, imports of titanium; articles thereof, including waste and scrap surged to $449M in 2022. Over the period under review, imports, however, continue to indicate a deep downturn.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 295 | 237 | 131 | 175 | -16.0% |
| Russia | 95.1 | 52.4 | 28.9 | 52.4 | -18.0% |
| Japan | 55.9 | 30.9 | 21.3 | 51.7 | -2.6% |
| France | 106 | 80.2 | 63.0 | 50.3 | -22.0% |
| Germany | 47.4 | 22.1 | 44.0 | 35.9 | -8.8% |
| China | 39.9 | 28.0 | 22.3 | 33.8 | -5.4% |
| Spain | 3.5 | 2.2 | 12.7 | 3.2 | -2.9% |
| Saudi Arabia | N/A | 0.6 | 1.2 | 3.0 | 123.6% |
| Others | 46.4 | 36.2 | 23.7 | 43.3 | -2.3% |
| Total | 689 | 490 | 348 | 449 | -13.3% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to the UK in 2022:
- United States (6.5K tons)
- Japan (5.1K tons)
- France (2.5K tons)
- Germany (1.8K tons)
- China (1.3K tons)
- Russia (1.3K tons)
- Saudi Arabia (0.5K tons)
- Spain (0.3K tons)
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