Price for Titanium; Waste and Scrap in Poland - 2023
Contents:
- Price for Titanium; Waste and Scrap in Poland (FOB) - 2023
- Price for Titanium; Waste and Scrap in Poland (CIF) - 2022
- Exports of Titanium; Waste and Scrap in Poland
- Imports of Titanium; Waste and Scrap in Poland
Price for Titanium; Waste and Scrap in Poland (FOB) - 2023
In July 2023, the average titanium; waste and scrap export price amounted to $6,279 per ton, which is down by -2.3% against the previous month. Overall, the export price recorded a mild curtailment. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices attained the peak figure at $7,193 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Italy ($13,642 per ton), while the average price for exports to Ukraine ($4,361 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 the United States (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Titanium; Waste and Scrap in Poland (CIF) - 2022
In 2022, the average titanium; waste and scrap import price amounted to $5,117 per ton, increasing by 48% against the previous year. Overall, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 56%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,283 per ton), while the price for Spain ($4,432 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+61.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Titanium; Waste and Scrap in Poland
In 2022, the amount of titanium; waste and scraps exported from Poland surged to 2.7K tons, growing by 17% against the previous year. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, titanium; waste and scrap exports soared to $18M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Titanium; Waste and Scrap in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 3.1 | 4.5 | 7.9 | 9.3 | 44.2% |
United States | 0.7 | 0.5 | 0.9 | 5.1 | 93.9% |
Italy | N/A | N/A | 0.5 | 1.4 | 180.0% |
United Kingdom | 0.5 | 0.2 | 0.5 | 1.1 | 30.1% |
Germany | N/A | 0.1 | 0.2 | 0.9 | 200.0% |
Estonia | N/A | N/A | 0.3 | 0.3 | 0.0% |
Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
Total | 4.7 | 5.5 | 10.4 | 18.3 | 57.3% |
Top Export Markets for Titanium; Waste and Scrap from Poland in 2022:
- Ukraine (1650.6 tons)
- United States (555.8 tons)
- United Kingdom (184.3 tons)
- Germany (138.1 tons)
- Italy (120.2 tons)
- Estonia (40.5 tons)
Imports of Titanium; Waste and Scrap in Poland
Titanium; waste and scrap imports into Poland skyrocketed to 2.1K tons in 2022, with an increase of 19% on 2021 figures. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 23%. As a result, imports attained the peak of 2.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, titanium; waste and scrap imports skyrocketed to $11M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Titanium; Waste and Scrap in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.2 | 3.2 | 2.0 | 4.8 | 29.7% |
Italy | N/A | 0.2 | 1.4 | 2.4 | 246.4% |
France | 0.9 | 0.8 | 1.6 | 1.3 | 13.0% |
United States | N/A | N/A | N/A | 0.6 | 0% |
United Kingdom | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
Belgium | N/A | N/A | N/A | 0.3 | 0% |
Spain | N/A | N/A | N/A | 0.2 | 0% |
Slovenia | 0.3 | 0.3 | 0.1 | N/A | -42.3% |
Others | 0.2 | 0.2 | 0.7 | 0.7 | 51.8% |
Total | 4.0 | 5.0 | 6.1 | 10.8 | 39.2% |
Top Suppliers of Titanium; Waste and Scrap to Poland in 2022:
- Germany (973.7 tons)
- Italy (477.6 tons)
- France (247.8 tons)
- United States (117.4 tons)
- United Kingdom (54.4 tons)
- Spain (49.5 tons)
- Belgium (47.3 tons)
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This report provides an in-depth analysis of the titanium market in Poland.
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