Report Update Nov 1, 2024

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

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Dominican Republic: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in the Dominican Republic

The Dominican titanium ore and concentrate market fell to $X in 2022, with a decrease of -12.8% against the previous year. Overall, consumption showed a perceptible setback. Titanium ore and concentrate consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Titanium Ores and Concentrates in the Dominican Republic

In value terms, titanium ore and concentrate production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in years to come.

Exports of Titanium Ores and Concentrates

Exports from the Dominican Republic

In 2022, exports of titanium ores and concentrates from the Dominican Republic amounted to X tons, approximately equating the previous year's figure. In general, exports showed a significant increase. The smallest decline of -27.9% was in 2015. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, titanium ore and concentrate exports totaled $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of -33.7% was in 2015. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turks and Caicos Islands (X tons) was the main destination for titanium ore and concentrate exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Turks and Caicos Islands was relatively modest.

From 2013 to 2022, the average annual growth rate of value to Turks and Caicos Islands was relatively modest.

Export Prices by Country

The average titanium ore and concentrate export price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price showed a dramatic contraction. The pace of growth appeared the most rapid in 2014 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turks and Caicos Islands.

From 2013 to 2022, the rate of growth in terms of prices for Turks and Caicos Islands amounted to 0.0% per year.

Imports of Titanium Ores and Concentrates

Imports into the Dominican Republic

In 2022, imports of titanium ores and concentrates into the Dominican Republic declined to X tons, which is down by -12.2% against 2021. Overall, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 33% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, titanium ore and concentrate imports shrank dramatically to $X in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 92%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sierra Leone (X tons) constituted the largest titanium ore and concentrate supplier to the Dominican Republic, with a 58% share of total imports. Moreover, titanium ore and concentrate imports from Sierra Leone exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sierra Leone totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.7% per year) and Mexico (+2.0% per year).

In value terms, Sierra Leone ($X) constituted the largest supplier of titanium ores and concentrates to the Dominican Republic, comprising 58% of total imports. The second position in the ranking was held by Germany ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sierra Leone amounted to +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.9% per year) and Mexico (+6.8% per year).

Import Prices by Country

In 2022, the average titanium ore and concentrate import price amounted to $X per ton, falling by -13.4% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2021 an increase of 45%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Germany ($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 (+66.7%), 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, 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 the Dominican Republic?

In value terms, the largest titanium ore and concentrate suppliers to the Dominican Republic were Sierra Leone, Mexico and Germany.

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

In value terms, France remains the key foreign market for titanium ore and concentrate exports from the Dominican Republic.

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

The average titanium ore and concentrate export price stood at $1,877 per ton in 2014, surging by 62% against the previous year.

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

In 2021, the average titanium ore and concentrate import price amounted to $409 per ton, shrinking by -25.7% against the previous year.

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

Dominican Republic

Data coverage:

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

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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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