Price for Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates - 2022
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
Price for Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $77,032 per ton in 2022, flattening at the previous year. In general, the import price saw a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 161% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($450,676 per ton), while the price for Spain ($20,291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $9,593 per ton in 2022, declining by -4.3% against the previous year. In general, the export price recorded a pronounced setback. The growth pace was the most rapid in 2018 when the average export price increased by 61%. Over the period under review, the average export prices hit record highs at $14,083 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($163,258 per ton), while the average price for exports to Japan ($4,165 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 Germany (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
In 2022, supplies from abroad of titanium; articles thereof, including waste and scrap increased by 68% to 275 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a precipitous setback.
In value terms, imports of titanium; articles thereof, including waste and scrap surged to $21M in 2022. Overall, imports, however, saw a abrupt downturn.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 4.4 | 2.4 | 6.8 | 18.4% |
| United Kingdom | 1.9 | 2.5 | 2.3 | 3.4 | 21.4% |
| China | 8.6 | 1.3 | 2.0 | 3.1 | -28.8% |
| United States | 6.0 | 5.4 | 3.1 | 3.0 | -20.6% |
| Italy | 1.0 | 0.6 | 1.6 | 1.8 | 21.6% |
| France | N/A | 0.2 | N/A | 1.0 | 123.6% |
| Netherlands | 1.1 | 0.4 | 0.3 | 0.8 | -10.1% |
| Spain | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Others | 2.3 | 3.1 | 0.7 | 1.3 | -17.3% |
| Total | 25.3 | 18.1 | 12.4 | 21.2 | -5.7% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to the United Arab Emirates in 2022:
- China (111.0 tons)
- Germany (78.4 tons)
- United Kingdom (29.8 tons)
- United States (15.3 tons)
- Italy (13.9 tons)
- France (8.8 tons)
- Netherlands (5.5 tons)
- Spain (0.1 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
In 2022, the amount of titanium; articles thereof, including waste and scrap exported from the United Arab Emirates skyrocketed to 236 tons, picking up by 39% compared with the year before. In general, exports, however, saw a deep contraction.
In value terms, exports of titanium; articles thereof, including waste and scrap skyrocketed to $2.3M in 2022. Over the period under review, exports, however, showed a abrupt slump.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 231 | 161 | 675 | 1,233 | 74.8% |
| Oman | 136 | 107 | 62.9 | 265 | 24.9% |
| United States | 243 | 36.5 | 62.8 | 114 | -22.3% |
| Angola | N/A | N/A | 0.2 | 76.9 | 38350.0% |
| Japan | N/A | N/A | 9.4 | 70.4 | 648.9% |
| Singapore | 8.0 | N/A | 44.4 | 65.5 | 101.6% |
| Azerbaijan | N/A | N/A | 46.5 | 36.2 | -22.2% |
| United Kingdom | 1.5 | 246 | 16.0 | 35.2 | 186.3% |
| Kuwait | 336 | 103 | 21.0 | 10.6 | -68.4% |
| South Korea | 837 | 180 | 138 | 0.1 | -95.1% |
| Iran | 725 | 279 | 333 | N/A | -32.2% |
| Others | 360 | 400 | 296 | 356 | -0.4% |
| Total | 2,878 | 1,511 | 1,705 | 2,264 | -7.7% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from the United Arab Emirates in 2022:
- India (157.6 tons)
- Japan (16.9 tons)
- Angola (14.3 tons)
- United States (14.0 tons)
- Singapore (11.9 tons)
- Azerbaijan (6.3 tons)
- Oman (4.5 tons)
- United Kingdom (2.4 tons)
- Kuwait (0.5 tons)
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