Report Update Nov 1, 2024

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

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Chile: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Chile

After three years of growth, the Chilean titanium ore and concentrate market decreased by -33% to $X in 2022. Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Titanium Ores and Concentrates in Chile

In value terms, titanium ore and concentrate production contracted rapidly to $X in 2022 estimated in export price. Overall, production, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 17,870,800%. Titanium ore and concentrate production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Titanium Ores and Concentrates

Exports from Chile

In 2019, overseas shipments of titanium ores and concentrates decreased by 0% to X tons, falling for the third year in a row after three years of decline. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 25%. Over the period under review, the exports attained the peak figure in 2019 and are likely to continue growth in the near future.

In value terms, titanium ore and concentrate exports totaled $X in 2019. Over the period under review, exports showed a buoyant increase. The smallest decline of -15.7% was in 2013. The exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

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

From 2012 to 2019, the average annual rate of growth in terms of volume to China was relatively modest.

From 2012 to 2019, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

In 2019, the average titanium ore and concentrate export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price saw a slight setback. The pace of growth was the most pronounced in 2017 a decrease of -22.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2019, the export prices stood at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Argentina amounted to -22.1% per year.

Imports of Titanium Ores and Concentrates

Imports into Chile

After two years of growth, purchases abroad of titanium ores and concentrates decreased by -66.7% to X tons in 2022. Overall, imports faced a sharp downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 9,573%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, titanium ore and concentrate imports soared to $X in 2022. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2020 when imports increased by 10,713%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest titanium ore and concentrate supplier to Chile, accounting for a 75% share of total imports. Moreover, titanium ore and concentrate imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Mozambique (X tons), threefold. The United States (X kg) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +41.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mozambique (-1.7% per year) and the United States (-46.7% per year).

In value terms, Mozambique ($X) constituted the largest supplier of titanium ores and concentrates to Chile, comprising 76% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 24% share of total imports. It was followed by the United States, with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of value from Mozambique totaled +302.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+91.7% per year) and the United States (-46.9% per year).

Import Prices by Country

In 2022, the average titanium ore and concentrate import price amounted to $X per ton, picking up by 454% against the previous year. In general, the import price enjoyed a resilient expansion. 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 Australia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+309.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest titanium ore and concentrate consuming country worldwide, comprising approx. 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, with a combined 58% share of global production. Mozambique, Australia, Ukraine, Norway, Senegal, Madagascar, Kenya, South Korea, India and Vietnam lagged somewhat behind, together comprising 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 Chile?

In value terms, Mozambique constituted the largest supplier of titanium ore and concentrate to Chile, comprising 49% of total imports. The second position in the ranking was occupied by Mexico, with a 21% share of total imports. It was followed by Sierra Leone, with a 12% share.

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

In value terms, Argentina remains the key foreign market for titanium ore and concentrate exports from Chile.

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

In 2021, the average titanium ore and concentrate export price amounted to $2,768 per ton, flattening at the previous year.

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

The average titanium ore and concentrate import price stood at $1,477 per ton in 2021, waning by -14.6% against the previous year.

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

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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