Price for Titanium; Waste and Scrap in Estonia - 2023
Contents:
- Price for Titanium; Waste and Scrap in Estonia (CIF) - 2023
- Price for Titanium; Waste and Scrap in Estonia (FOB) - 2022
- Imports of Titanium; Waste and Scrap in Estonia
- Exports of Titanium; Waste and Scrap in Estonia
Price for Titanium; Waste and Scrap in Estonia (CIF) - 2023
The average titanium; waste and scrap import price stood at $3,732 per ton in September 2023, with an increase of 9.8% against the previous month. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in June 2023 an increase of 41% m-o-m. The import price peaked at $6,891 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($5,686 per ton), while the price for Latvia ($2,234 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Titanium; Waste and Scrap in Estonia (FOB) - 2022
In 2022, the average titanium; waste and scrap export price amounted to $4,475 per ton, jumping by 19% against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 410% against the previous year. The export price peaked at $9,090 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6,849 per ton), while the average price for exports to the United States ($2,510 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 Ukraine (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium; Waste and Scrap in Estonia
In 2022, approx. 4.2K tons of titanium; waste and scraps were imported into Estonia; remaining stable against 2021 figures. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30%.
In value terms, titanium; waste and scrap imports soared to $23M in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 48%.
| Import of Titanium; Waste and Scrap in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.1 | 0.9 | 2.1 | 5.1 | 270.8% |
| Spain | 0.6 | 0.4 | 0.9 | 5.1 | 104.1% |
| United States | 7.5 | 2.7 | 2.1 | 2.9 | -27.1% |
| Singapore | N/A | 0.6 | 1.1 | 1.7 | 68.3% |
| Russia | 0.3 | 0.6 | 0.8 | 1.0 | 49.4% |
| Latvia | 0.2 | 0.2 | 0.4 | 0.9 | 65.1% |
| Japan | 0.4 | 0.1 | 0.3 | 0.9 | 31.0% |
| South Korea | N/A | N/A | N/A | 0.9 | 0% |
| Slovenia | N/A | N/A | N/A | 0.6 | 0% |
| Cyprus | N/A | N/A | 4.5 | 0.6 | -86.7% |
| Canada | 0.3 | 0.1 | N/A | 0.3 | 0.0% |
| Germany | 2.4 | 0.8 | 1.0 | 0.3 | -50.0% |
| United Kingdom | 1.4 | 1.3 | 0.6 | 0.2 | -47.7% |
| Others | 29.8 | 3.5 | 2.9 | 1.9 | -60.1% |
| Total | 42.9 | 11.3 | 16.8 | 22.6 | -19.2% |
Top Suppliers of Titanium; Waste and Scrap to Estonia in 2022:
- Switzerland (1304.1 tons)
- Spain (652.6 tons)
- United States (495.1 tons)
- Russia (224.5 tons)
- Singapore (215.6 tons)
- Latvia (186.8 tons)
- Japan (169.1 tons)
- Cyprus (159.5 tons)
- South Korea (115.5 tons)
- Slovenia (102.1 tons)
- Canada (96.3 tons)
- Germany (68.0 tons)
- United Kingdom (60.1 tons)
Exports of Titanium; Waste and Scrap in Estonia
In 2022, exports of titanium; waste and scraps from Estonia dropped remarkably to 382 tons, with a decrease of -84.8% on 2021 figures. Over the period under review, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 264%.
In value terms, titanium; waste and scrap exports reduced dramatically to $1.7M in 2022. Overall, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 128%.
| Export of Titanium; Waste and Scrap in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | N/A | N/A | 0.7 | 0.6 | -14.3% |
| United Kingdom | N/A | N/A | N/A | 0.4 | 0% |
| Russia | 34.0 | 3.9 | 1.2 | 0.3 | -79.3% |
| Canada | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Germany | 0.2 | N/A | 5.2 | 0.1 | -20.6% |
| Spain | N/A | N/A | 1.7 | 0.1 | -94.1% |
| Others | N/A | 0.1 | 0.6 | N/A | 500.0% |
| Total | 34.3 | 4.1 | 9.5 | 1.7 | -63.3% |
Top Export Markets for Titanium; Waste and Scrap from Estonia in 2022:
- Cyprus (172.9 tons)
- Russia (62.4 tons)
- United Kingdom (57.8 tons)
- Germany (22.5 tons)
- Spain (21.9 tons)
- United States (21.0 tons)
- Canada (19.0 tons)
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