Argentina: Market for Titanium Ores and Concentrates 2025

Market Size for Titanium Ores and Concentrates in Argentina

In 2022, the Argentinian titanium ore and concentrate market increased by 46% to $X, rising for the fourth consecutive year after six years of decline. Over the period under review, consumption, however, saw a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Titanium Ores and Concentrates

Exports from Argentina

In 2022, overseas shipments of titanium ores and concentrates decreased by -8.3% to X tons for the first time since 2011, thus ending a ten-year rising trend. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of 137% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined in the following year.

In value terms, titanium ore and concentrate exports reduced to $X in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 189%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

Brazil (X tons) was the main destination for titanium ore and concentrate exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil stood at +51.2%.

In value terms, Brazil ($X) also remains the key foreign market for titanium ores and concentrates exports from Argentina.

From 2012 to 2022, the average annual growth rate of value to Brazil stood at +61.1%.

Export Prices by Country

The average titanium ore and concentrate export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price recorded prominent growth. The pace of growth was the most pronounced in 2018 an increase of 54%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +6.5% per year.

Imports of Titanium Ores and Concentrates

Imports into Argentina

In 2022, supplies from abroad of titanium ores and concentrates increased by 0.4% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 28%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, titanium ore and concentrate imports soared to $X in 2022. Over the period under review, imports, however, showed a pronounced shrinkage. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), Ukraine (X tons) and South Africa (X tons) were the main suppliers of titanium ore and concentrate imports to Argentina, together comprising 94% of total imports. These countries were followed by Mozambique, which accounted for a further 4.4%.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +59.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest titanium ore and concentrate suppliers to Argentina were Australia ($X), Ukraine ($X) and South Africa ($X), with a combined 91% share of total imports. These countries were followed by Mozambique, which accounted for a further 7.6%.

Mozambique, with a CAGR of +73.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average titanium ore and concentrate import price amounted to $X per ton, jumping by 62% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4,276.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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