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Report Asia-Pacific - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Titanium Market 2024

Titanium Market Size in Asia-Pacific

The Asia-Pacific titanium market was estimated at $X in 2022, approximately reflecting the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.3% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Titanium Production in Asia-Pacific

In value terms, titanium production reached $X in 2022 estimated in export price. The total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Titanium Exports

Exports in Asia-Pacific

In 2022, the amount of titanium sponge, powders, ingots and slabs exported in Asia-Pacific skyrocketed to X tons, increasing by 35% against the year before. Overall, exports, however, showed a mild slump. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, titanium exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan dominates exports structure, recording X tons, which was approx. 91% of total exports in 2022. It was distantly followed by China (X tons), creating an 8.2% share of total exports.

Japan was also the fastest-growing in terms of the titanium sponge, powders, ingots and slabs exports, with a CAGR of +1.1% from 2012 to 2022. China (-4.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan increased by +22 percentage points.

In value terms, Japan ($X) remains the largest titanium supplier in Asia-Pacific, comprising 90% of total exports. The second position in the ranking was taken by China ($X), with a 9.4% share of total exports.

In Japan, titanium exports shrank by an average annual rate of -1.2% over the period from 2012-2022.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, falling by -4.6% against the previous year. Over the period under review, the export price showed a mild reduction. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%).

Titanium Imports

Imports in Asia-Pacific

Titanium imports contracted modestly to X tons in 2022, approximately reflecting the year before. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, titanium imports fell to $X in 2022. Overall, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China represented the main importing country with an import of around X tons, which amounted to 55% of total imports. It was distantly followed by South Korea (X tons), making up a 32% share of total imports. Taiwan (Chinese) (X tons), India (X tons) and Malaysia (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +52.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Asia-Pacific, comprising 59% of total imports. The second position in the ranking was taken by South Korea ($X), with a 29% share of total imports. It was followed by India, with a 3.4% share.

In China, titanium imports expanded at an average annual rate of +35.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (-7.9% per year) and India (+18.1% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, dropping by -7.5% against the previous year. In general, the import price, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2017 an increase of 70%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest titanium consuming country in Asia-Pacific, accounting for 48% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia, fourfold. The third position in this ranking was occupied by Japan, with a 10% share.
The countries with the highest volumes of in 2021 were China, Japan and Indonesia, with a combined 74% share of total production. Pakistan, the Philippines, Thailand, Malaysia and Australia lagged somewhat behind, together accounting for a further 19%.
In value terms, Japan remains the largest titanium supplier in Asia-Pacific, comprising 94% of total exports. The second position in the ranking was occupied by China, with a 5.9% share of total exports.
In value terms, China constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Asia-Pacific, comprising 65% of total imports. The second position in the ranking was occupied by South Korea, with a 26% share of total imports.
In 2021, the export price in Asia-Pacific amounted to $10,605 per ton, growing by 20% against the previous year.
The import price in Asia-Pacific stood at $8,001 per ton in 2021, reducing by -16.1% against the previous year.

This report provides an in-depth analysis of the titanium market in Asia-Pacific. 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Asia-Pacific, split by region and country
    • Trade (exports and imports) in Asia-Pacific
    • 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:

    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. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. 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. 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
      • Afghanistan
      • Australia
      • Bangladesh
      • Bhutan
      • Brunei Darussalam
      • Cambodia
      • China
      • Hong Kong SAR
      • Macao SAR
      • Cook Islands
      • Fiji
      • French Polynesia
      • India
      • Indonesia
      • Japan
      • Kiribati
      • Malaysia
      • Maldives
      • Marshall Islands
      • Micronesia
      • Myanmar
      • Nepal
      • New Caledonia
      • New Zealand
      • Northern Mariana Islands
      • Pakistan
      • Palau
      • Papua New Guinea
      • Philippines
      • Samoa
      • Singapore
      • Solomon Islands
      • South Korea
      • Sri Lanka
      • Taiwan (Chinese)
      • Thailand
      • Timor-Leste
      • Tokelau
      • Tonga
      • Tuvalu
      • Vanuatu
      • Vietnam
      • Wallis and Futuna Islands
      • Lao People's Democratic Republic
      • American Samoa
      • Democratic People's Republic of Korea
      • Nauru
      • Niue
      • Guam

    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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