Price for Titanium; Waste and Scrap in Belgium - 2023

Contents:

  1. Price for Titanium; Waste and Scrap in Belgium (FOB) - 2023
  2. Price for Titanium; Waste and Scrap in Belgium (CIF) - 2022
  3. Exports of Titanium; Waste and Scrap in Belgium
  4. Imports of Titanium; Waste and Scrap in Belgium

Price for Titanium; Waste and Scrap in Belgium (FOB) - 2023

In July 2023, the average titanium; waste and scrap export price amounted to $6,403 per ton, surging by 57% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($11,647 per ton), while the average price for exports to the UK ($3,225 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.2%), while the prices for the other major destinations experienced a decline.

Price for Titanium; Waste and Scrap in Belgium (CIF) - 2022

The average titanium; waste and scrap import price stood at $5,457 per ton in 2022, increasing by 13% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2018 an increase of 34%. Over the period under review, average import prices reached the maximum at $7,700 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($10,733 per ton), while the price for Germany ($3,590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced a decline.

Exports of Titanium; Waste and Scrap in Belgium

After three years of growth, overseas shipments of titanium; waste and scraps decreased by -33.1% to 1.7K tons in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 350%. As a result, the exports reached the peak of 2.5K tons, and then fell markedly in the following year.

In value terms, titanium; waste and scrap exports contracted modestly to $9.1M in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 408%. As a result, the exports reached the peak of $9.3M, and then reduced slightly in the following year.

Export of Titanium; Waste and Scrap in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A7.87.3-6.4%
Netherlands0.91.00.91.415.9%
Germany0.30.40.20.30.0%
IndiaN/A0.10.1N/A0.0%
United States0.60.30.2N/A-42.3%
OthersN/AN/A0.10.10.0%
Total1.81.89.39.171.6%

Top Export Markets for Titanium; Waste and Scrap from Belgium in 2022:

  1. United Kingdom (1362.1 tons)
  2. Netherlands (158.9 tons)
  3. Germany (111.2 tons)
  4. United States (2.1 tons)

Imports of Titanium; Waste and Scrap in Belgium

In 2022, supplies from abroad of titanium; waste and scraps decreased by -17.4% to 306 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 48%.

In value terms, titanium; waste and scrap imports fell to $1.7M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $1.8M, and then shrank in the following year.

Import of Titanium; Waste and Scrap in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom51541673275513.6%
GermanyN/A20249043546.7%
United States299281189155-19.7%
France17525977.1136-8.1%
Netherlands15415085.5118-8.5%
MexicoN/A29.221164.949.1%
Others1.22.71.66.474.7%
Total1,1441,3391,7881,67013.4%

Top Suppliers of Titanium; Waste and Scrap to Belgium in 2022:

  1. Germany (121.3 tons)
  2. United Kingdom (113.9 tons)
  3. United States (30.6 tons)
  4. Netherlands (25.6 tons)
  5. France (12.6 tons)
  6. Mexico (1.3 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Titanium Sponge Market: Continued Growth Expected with +1.4% CAGR from 2023-2030
May 13, 2024
Eye 218

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.

The World's Best Import Markets for Titanium
Sep 20, 2023
Eye 525

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.

Which Country Imports the Most Titanium Ores and Concentrates in the World?
Jul 26, 2018
Eye 1786

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 ...

Which Country Imports the Most Titanium Oxides in the World?
Jul 26, 2018
Eye 1037

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...

Which Country Imports the Most Titanium in the World?
Jul 26, 2018
Eye 902

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...

Which Country Exports the Most Titanium Ores and Concentrates in the World?
Jul 26, 2018
Eye 779

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 ...

Which Country Exports the Most Titanium Oxides in the World?
Jul 26, 2018
Eye 619

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...

Which Country Exports the Most Titanium in the World?
Jul 26, 2018
Eye 2981

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...

Titanium Market - Titanium Imports on the Decline in the Past Three Years
Nov 23, 2016
Eye 2654

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.

Global Titanium Sponge Market: Continued Growth Expected with +1.4% CAGR from 2023-2030
May 13, 2024
Eye 218

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.

Free Data: Titanium; waste and scrap - Belgium