Price for Titanium; Articles Thereof, Including Waste and Scrap in Venezuela - 2022
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Venezuela (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Venezuela (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Venezuela
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Venezuela
Price for Titanium; Articles Thereof, Including Waste and Scrap in Venezuela (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $13,065 per ton, falling by -8% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2014 an increase of 15%. Over the period under review, average import prices attained the peak figure at $56,786 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($209,000 per ton), while the price for South Korea ($2,798 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+103.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Venezuela (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $16,230 per ton, growing by 16% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2017 an increase of 115%. The export price peaked at $319,368 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2013 to 2022, the rate of growth in terms of prices for Spain amounted to +96.1% per year.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Venezuela
After three years of growth, purchases abroad of titanium; articles thereof, including waste and scrap decreased by -42.3% to 2.4 tons in 2022. Over the period under review, imports, however, posted buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 84%.
In value terms, imports of titanium; articles thereof, including waste and scrap declined rapidly to $32K in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 26%.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 7.4 | 14.7 | 8.1 | 39.2% |
| South Korea | 5.9 | 10.5 | 9.5 | 5.8 | -0.6% |
| Argentina | 4.6 | 6.1 | 4.2 | 1.9 | -25.5% |
| China | 12.2 | 3.1 | 12.5 | 1.6 | -49.2% |
| Belgium | 2.4 | 3.0 | 2.0 | 0.9 | -27.9% |
| Others | 11.8 | 20.0 | 17.4 | 13.8 | 5.4% |
| Total | 39.9 | 50.1 | 60.3 | 32.0 | -7.1% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Venezuela in 2022:
- South Korea (2070.0 kg)
- Belgium (134.0 kg)
- Argentina (96.0 kg)
- United States (95.0 kg)
- China (21.0 kg)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Venezuela
In 2022, approx. 100 kg of titanium; articles thereof, including waste and scrap were exported from Venezuela; rising by 37% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 329%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of titanium; articles thereof, including waste and scrap skyrocketed to $1.6K in 2022. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 145% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.4 | N/A | N/A | 1.6 | 4.6% |
| Spain | N/A | 0.1 | 1.0 | N/A | 900.0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 1.4 | 0.4 | 1.0 | 1.6 | 4.6% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Venezuela in 2022:
- Netherlands (100.0 kg)
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