Price for Titanium; Articles Thereof, Including Waste and Scrap in Turkey - 2024
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Turkey (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Turkey (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Turkey
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Turkey
Price for Titanium; Articles Thereof, Including Waste and Scrap in Turkey (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $95,773 per ton, declining by -10% against the previous year. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2017 an increase of 49%. Over the period under review, average import prices attained the peak figure at $137,447 per ton in 2019; however, from 2020 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 the United States ($159,275 per ton), while the price for China ($44,000 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 (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Turkey (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $43,296 per ton, which is down by -10.6% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 349% against the previous year. Over the period under review, the average export prices attained the maximum at $122,181 per ton in 2015; however, from 2016 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 France ($155,048 per ton), while the average price for exports to Italy ($6,019 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 (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Turkey
In 2022, supplies from abroad of titanium; articles thereof, including waste and scrap increased by 36% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern 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 skyrocketed to $139M in 2022. Over the period under review, imports, however, recorded a noticeable slump.
Import of Titanium; Articles Thereof, Including Waste and Scrap in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 106 | 87.2 | 65.3 | 65.4 | -14.9% |
China | 4.8 | 6.7 | 9.3 | 26.1 | 75.8% |
France | 18.9 | 10.6 | 11.0 | 15.2 | -7.0% |
United Kingdom | 7.4 | 8.1 | 6.7 | 11.8 | 16.8% |
Germany | 12.7 | 8.3 | 5.4 | 8.9 | -11.2% |
Italy | 3.1 | 2.6 | 2.6 | 3.0 | -1.1% |
Russia | 2.5 | 6.8 | 8.0 | 1.8 | -10.4% |
Others | 3.6 | 5.5 | 5.4 | 6.9 | 24.2% |
Total | 159 | 136 | 114 | 139 | -4.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Turkey in 2022:
- China (592.5 tons)
- United States (410.4 tons)
- France (117.1 tons)
- United Kingdom (93.9 tons)
- Germany (63.9 tons)
- Italy (59.7 tons)
- Russia (25.0 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Turkey
In 2022, after two years of decline, there was significant growth in overseas shipments of titanium; articles thereof, including waste and scrap, when their volume increased by 28% to 707 tons. In general, exports, however, showed a abrupt descent.
In value terms, exports of titanium; articles thereof, including waste and scrap rose significantly to $31M in 2022. Overall, exports, however, faced a significant contraction.
Export of Titanium; Articles Thereof, Including Waste and Scrap in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 42.5 | 25.2 | 13.9 | 14.5 | -30.1% |
France | 14.2 | 9.4 | 8.1 | 11.0 | -8.2% |
United States | 1.6 | 1.4 | 1.0 | 1.1 | -11.7% |
United Kingdom | 0.7 | 0.3 | 0.7 | 1.0 | 12.6% |
South Korea | 0.5 | 0.4 | 0.1 | 0.7 | 11.9% |
Iran | 2.0 | 0.7 | 1.2 | 0.6 | -33.1% |
Italy | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
Spain | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | 0.7 | 1.3 | 1.3 | 1.4 | 26.0% |
Total | 62.7 | 38.9 | 26.8 | 30.6 | -21.3% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Turkey in 2022:
- Germany (427.2 tons)
- United States (75.5 tons)
- France (70.8 tons)
- South Korea (41.4 tons)
- Italy (26.2 tons)
- Spain (16.4 tons)
- United Kingdom (15.5 tons)
- Iran (7.6 tons)
This report provides an in-depth analysis of the titanium market in Turkey.
This report provides an in-depth analysis of the aluminium and titanium market in Turkey.
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 Turkey.
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.