Saudi Arabia - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTitanium Price in Saudi Arabia - 2021
Contents:
- Titanium Price in Saudi Arabia (FOB) - 2022
- Titanium Price in Saudi Arabia (CIF) - 2022
- Titanium Exports in Saudi Arabia
- Titanium Imports in Saudi Arabia
Titanium Price in Saudi Arabia (FOB) - 2022
The average titanium export price stood at $5,524 per ton in 2022, falling by -43.6% against the previous year. In general, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 135%. As a result, the export price attained the peak level of $9,786 per ton, and then fell remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,878 per ton), while the average price for exports to the UK ($3,866 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.0%), while the prices for the other major destinations experienced a decline.
Titanium Price in Saudi Arabia (CIF) - 2022
The average titanium import price stood at $17,588 per ton in 2022, falling by -37.3% against the previous year. Over the period under review, the import price, however, showed a modest increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 10,880% against the previous year. As a result, import price reached the peak level of $958,125 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +141.0% per year.
Titanium Exports in Saudi Arabia
In 2022, approx. 6.2K tons of titanium sponge, powders, ingots and slabs were exported from Saudi Arabia; rising by 50% against the year before. Over the period under review, exports, however, showed a noticeable shrinkage.
In value terms, titanium exports dropped significantly to $34M in 2022. The total export value increased at an average annual rate of +10.5% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $41M, and then contracted rapidly in the following year.
Export of Titanium in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | N/A | N/A | 13.6 | 0% | |
United States | N/A | 0.1 | 13.5 | 13400.0% | |
Estonia | N/A | N/A | 1.6 | 0% | |
United Kingdom | 0.8 | 1.9 | 1.4 | 32.3% | |
Japan | 26.5 | 38.4 | N/A | 44.9% | |
Others | 0.9 | 0.2 | 4.3 | 118.6% | |
Total | 28.2 | 40.6 | 34.4 | 10.4% |
Top Export Markets for Titanium from Saudi Arabia in 2022:
- China (2.4K tons)
- United States (2.3K tons)
- United Kingdom (0.3K tons)
- Estonia (0.3K tons)
Titanium Imports in Saudi Arabia
In 2022, approx. 8.8 tons of titanium sponge, powders, ingots and slabs were imported into Saudi Arabia; rising by 180% compared with the previous year. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 92,763%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, titanium imports surged to $155K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,790% against the previous year. As a result, imports attained the peak of $222K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Titanium in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.6 | 15.2 | 61.2 | 155 | 223.0% |
United Kingdom | N/A | 25.0 | N/A | N/A | 0% |
India | N/A | 2.8 | N/A | N/A | 0% |
Italy | N/A | 25.1 | N/A | N/A | 0% |
United States | N/A | 153 | 22.4 | N/A | -85.4% |
Others | 3.1 | N/A | 4.8 | N/A | 24.4% |
Total | 7.7 | 222 | 88.3 | 155 | 172.0% |
Top Suppliers of Titanium to Saudi Arabia in 2022:
- Germany (8.8 tons)
This report provides an in-depth analysis of the titanium market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the titanium market in Saudi Arabia.
This report provides an in-depth analysis of the aluminium and titanium market in Saudi Arabia.
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 Saudi Arabia.
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.