Eastern Europe: Titanium Market 2025

Titanium Market Size in Eastern Europe

The East European titanium market stood at $X in 2022, growing by 11% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Titanium Production in Eastern Europe

In value terms, titanium production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Titanium Exports

Exports in Eastern Europe

In 2022, titanium exports in Eastern Europe contracted markedly to X tons, declining by -37.5% compared with 2021 figures. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 26%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, titanium exports fell sharply to $X in 2022. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2017 when exports increased by 35% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia was the largest exporting country with an export of around X tons, which finished at 80% of total exports. It was distantly followed by Ukraine (X tons), generating a 13% share of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to titanium exports from Russia stood at -4.3%. At the same time, Poland (+82.1%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +82.1% from 2012-2022. By contrast, Ukraine (-20.8%) illustrated a downward trend over the same period. Russia (+32 p.p.) and Poland (+3.9 p.p.) significantly strengthened its position in terms of the total exports, while Ukraine saw its share reduced by -38.9% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest titanium supplier in Eastern Europe, comprising 80% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 14% share of total exports.

In Russia, titanium exports declined by an average annual rate of -6.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Ukraine (-21.7% per year) and Poland (+84.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, with a decrease of -2% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.2%), while the other leaders experienced a decline in the export price figures.

Titanium Imports

Imports in Eastern Europe

In 2022, purchases abroad of titanium sponge, powders, ingots and slabs was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 93%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, titanium imports soared to $X in 2022. Over the period under review, imports, however, showed a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of 136%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the key importer of titanium sponge, powders, ingots and slabs in Eastern Europe, with the volume of imports resulting at X tons, which was near 51% of total imports in 2022. The Czech Republic (X tons) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by Estonia (16%). Romania (X tons), Slovakia (X tons) and Poland (X tons) took a minor share of total imports.

Imports into Russia decreased at an average annual rate of -6.5% from 2012 to 2022. At the same time, the Czech Republic (+56.3%), Slovakia (+26.0%), Poland (+10.3%) and Estonia (+2.6%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +56.3% from 2012-2022. By contrast, Romania (-1.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Czech Republic, Estonia, Slovakia and Poland increased by +22, +6.2, +2.1 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest titanium importing markets in Eastern Europe were Russia ($X), the Czech Republic ($X) and Estonia ($X), together comprising 90% of total imports.

The Czech Republic, with a CAGR of +56.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by 23%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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