World - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Titanium ore and concentrate market

Titanium ore and concentrate market: get recently published information provided by an Ai-driven BI platform. Datasets provide production, companies, consumption, exports, imports, market prices, trade, and market size. There is a split by country, including the U.K., China, Africa, Russia, the Middle East, EU, Latin America, and the U.S. Market trends and forecast to 2030 are also featured in the snapshots.

Titanium Ore and Concentrate - World's Largest Markets

RatingCountry
1China
2Canada
3Ukraine
4Mozambique
5Senegal

In value terms, China led the market, alone. The second position in the ranking was occupied by Canada. It was followed by Ukraine.

From 2018 to 2020, the average annual growth rate of value in China amounted to +6.0%. The remaining consuming countries recorded the following average annual rates of market growth: Canada (+15.8% per year) and Ukraine (-4.2% per year).

Titanium Ore and Concentrate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
South Korea55586811.2%
Norway331299286-7.0%
Madagascar791771348-33.7%
India567567351-21.3%
Kenya25365042444-58.2%
Australia4985235192.1%
Mozambique5685705720.4%
South Africa6496626711.7%
Belgium818882783-2.2%
United States7798539289.1%
Sierra Leone10201038129912.9%
Netherlands1199128213476.0%
Ukraine1299132313953.6%
Average576596531-3.9%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Ukraine ($1,395 per ton), while South Korea ($68 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Sierra Leone, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Saudi Arabia804838103813.6%
Belgium89210229885.2%
China1237721890-15.2%
Germany8199098230.2%
Canada12691411819-19.7%
United Kingdom7047808187.8%
Japan55372981221.2%
Netherlands797810654-9.4%
Mexico26634257446.9%
India612765487-10.8%
United States3774134023.3%
Russia369377344-3.4%
Malaysia452421320-15.9%
Average6506506973.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Saudi Arabia ($1,038 per ton), while Malaysia ($320 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Titanium Ore and Concentrate - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.50.50.68.5%
Japan0.20.30.39.1%
United States0.40.40.3-14.1%
Netherlands0.080.10.256.1%
Germany0.30.20.2-14.5%

In value terms, China ($643M) constitutes the largest market for imported titanium ores and concentrates worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Japan ($278M), with a 10% share of global imports. It was followed by the United States, with a 9.8% share.

In China, titanium ore and concentrate imports increased at an average annual rate of +8.5% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+9.1% per year) and the United States (-14.1% per year).

Titanium Ore and Concentrate - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
South Africa0.60.50.5-9.2%
Norway0.20.20.213.2%
Mozambique0.20.30.2-1.5%
Sierra Leone0.10.20.26.7%
Kenya0.20.10.21.7%

In value terms, South Africa ($486M) remains the largest titanium ore and concentrate supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by Norway ($220M), with a 11% share of global exports. It was followed by Mozambique, with a 9% share.

In South Africa, titanium ore and concentrate exports plunged by an average annual rate of -9.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (+13.2% per year) and Mozambique (-1.5% per year).

Titanium Ore and Concentrate - Market Forecast

Driven by rising demand for titanium ore and concentrate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Titanium Ore and Concentrate - Product Coverage

  • HS 2614 - Titanium ores and concentrates

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for titanium ore and concentrate. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Company coverage:

    Chemours, Iluka Resources, Rio Tinto, Trimex Industries, Tronox, Group DF, Honeywell Electronic Materials Inc., Titanium Metals Corp., Timet Henderson, Image Resources NL, Base Resources Ltd., Kenmare Resources PLC, TiZir Ltd., Mineral Deposits Ltd., Mineral Commodities Ltd., Strandline Resources Ltd., Allegheny Technologies, Sumitomo Corporation, VSMPO-AVISMA Corporation, DuPont Titanium Technologies

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY
    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam
    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023
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