Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Canada: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Canada

The Canadian titanium ore and concentrate market stood at $X in 2022, almost unchanged from the previous year. In general, consumption, however, saw a relatively flat trend pattern. Titanium ore and concentrate consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Titanium Ores and Concentrates in Canada

In value terms, titanium ore and concentrate production reached $X in 2022 estimated in export price. Overall, production enjoyed measured growth. The pace of growth was the most pronounced in 2013 with an increase of 240%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Titanium Ores and Concentrates

Exports from Canada

After three years of growth, overseas shipments of titanium ores and concentrates decreased by -38.3% to X tons in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 46,954%. The exports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, titanium ore and concentrate exports shrank significantly to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 53,248% against the previous year. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +84.3%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +89.3%.

Export Prices by Country

In 2022, the average titanium ore and concentrate export price amounted to $X per ton, reducing by -4.9% against the previous year. In general, the export price, however, showed a notable expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 74%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.8% per year.

Imports of Titanium Ores and Concentrates

Imports into Canada

In 2022, titanium ore and concentrate imports into Canada fell sharply to X tons, reducing by -29.9% against 2021. Over the period under review, imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2020 when imports increased by 133% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, titanium ore and concentrate imports shrank sharply to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 90%. Over the period under review, imports hit record highs at $X in 2021, and then dropped sharply in the following year.

Imports by Country

In 2022, Madagascar (X tons) constituted the largest supplier of titanium ore and concentrate to Canada, with a 85% share of total imports. Moreover, titanium ore and concentrate imports from Madagascar exceeded the figures recorded by the second-largest supplier, Mozambique (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Madagascar stood at -3.3%.

In value terms, Madagascar ($X) constituted the largest supplier of titanium ores and concentrates to Canada, comprising 73% of total imports. The second position in the ranking was held by Mozambique ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Madagascar stood at -2.9%.

Import Prices by Country

The average titanium ore and concentrate import price stood at $X per ton in 2022, growing by 2.3% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, titanium ore and concentrate import price increased by +72.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 69%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Madagascar amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+0.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium ores and concentrates in the world?

The country with the largest volume of titanium ore and concentrate consumption was China, accounting for 44% of total volume. Moreover, titanium ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Canada, fourfold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the largest producers of titanium ores and concentrates in the world?

The countries with the highest volumes of in 2021 were China, Canada and South Africa, together accounting for 58% of global production. These countries were followed by Mozambique, Australia, Ukraine, Norway, Senegal, Madagascar, Kenya, South Korea, India and Vietnam, which together accounted for a further 38%. Moreover, titanium ore and concentrate production in China exceeded the figures recorded by the world's second-largest producer, Canada, twofold.

What are the leading suppliers of titanium ores and concentrates to Canada?

In value terms, Madagascar constituted the largest supplier of titanium ore and concentrate to Canada, comprising 76% of total imports. The second position in the ranking was occupied by Mozambique, with a 24% share of total imports.

What are the leading importers of titanium ores and concentrates from Canada?

In value terms, the United States remains the key foreign market for titanium ore and concentrate exports from Canada.

What is the average export price for titanium ores and concentrates in Canada?

The average titanium ore and concentrate export price stood at $858 per ton in 2021, increasing by 27% against the previous year.

What is the average import price for titanium ores and concentrates in Canada?

The average titanium ore and concentrate import price stood at $1,695 per ton in 2021, surging by 7.8% against the previous year.

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

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023