China: Titanium Dioxide Pigments Market 2025

Titanium Dioxide Pigments Market Size in China

The Chinese titanium dioxide pigments market dropped sharply to $X in 2021, with a decrease of -29.8% against the previous year. Over the period under review, consumption showed a deep contraction. The growth pace was the most rapid in 2018 with a decrease of -2.3%. Titanium dioxide pigments consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Titanium Dioxide Pigments Production in China

In value terms, titanium dioxide pigments production fell modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 22%. Titanium dioxide pigments production peaked at $X in 2020, and then contracted slightly in the following year.

Titanium Dioxide Pigments Exports

Exports from China

Titanium dioxide pigments exports from China reached X tons in 2021, increasing by 8% against 2020 figures. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 44%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, titanium dioxide pigments exports soared to $X in 2021. Overall, exports recorded prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 66%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

India (X tons), Brazil (X tons) and South Korea (X tons) were the main destinations of titanium dioxide pigments exports from China, together comprising 13% of total exports. These countries were followed by Turkey, Indonesia, Vietnam, the United Arab Emirates, Malaysia, France, Thailand, Egypt, Russia and Poland, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +48.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for titanium dioxide pigments exported from China were India ($X), South Korea ($X) and Brazil ($X), together comprising 13% of total exports. These countries were followed by Turkey, Vietnam, Indonesia, the United Arab Emirates, Malaysia, France, Thailand, Egypt, Russia and Poland, which together accounted for a further 18%.

Among the main countries of destination, Poland, with a CAGR of +50.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average titanium dioxide pigments export price amounted to $X per ton, with an increase of 43% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and South Korea ($X per ton), while the average price for exports to Brazil ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.5%), while the prices for the other major destinations experienced a decline.

Titanium Dioxide Pigments Imports

Imports into China

In 2021, purchases abroad of titanium dioxide pigments and colouring preparations was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 20% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, titanium dioxide pigments imports surged to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Australia (X tons) and the United States (X tons) were the main suppliers of titanium dioxide pigments imports to China, together accounting for 21% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +8.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest titanium dioxide pigments suppliers to China were Mexico ($X), Australia ($X) and Japan ($X), with a combined 19% share of total imports.

Among the main suppliers, Mexico, with a CAGR of +8.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average titanium dioxide pigments import price stood at $X per ton in 2021, picking up by 7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :