France: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in France

The French titanium ore and concentrate market skyrocketed to $X in 2022, growing by 144% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, faced a drastic downturn. Titanium ore and concentrate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Titanium Ores and Concentrates

Exports from France

In 2022, after two years of growth, there was significant decline in shipments abroad of titanium ores and concentrates, when their volume decreased by -44.9% to X tons. In general, exports, however, saw perceptible growth. The pace of growth was the most pronounced in 2020 with an increase of 2,176% against the previous year. The exports peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, titanium ore and concentrate exports declined significantly to $X in 2022. Overall, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 904%. The exports peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Italy (X tons) was the main destination for titanium ore and concentrate exports from France, with a 71% share of total exports. Moreover, titanium ore and concentrate exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.9% per year) and Brazil (+12.8% per year).

In value terms, Italy ($X) remains the key foreign market for titanium ores and concentrates exports from France, comprising 76% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by Brazil, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.6% per year) and Brazil (+57.2% per year).

Export Prices by Country

In 2022, the average titanium ore and concentrate export price amounted to $X per ton, reducing by -17.1% against the previous year. In general, the export price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2021 an increase of 212%. As a result, the export price reached the peak level of $X per ton, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Titanium Ores and Concentrates

Imports into France

In 2022, titanium ore and concentrate imports into France soared to X tons, with an increase of 133% against the year before. Over the period under review, imports, however, faced a abrupt shrinkage. Over the period under review, imports hit record highs 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. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons), South Africa (X tons) and Australia (X tons) were the main suppliers of titanium ore and concentrate imports to France, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +70.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sierra Leone ($X), Brazil ($X) and South Africa ($X) were the largest titanium ore and concentrate suppliers to France, with a combined 80% share of total imports.

South Africa, with a CAGR of +45.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average titanium ore and concentrate import price stood at $X per ton in 2022, with an increase of 8% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 29%. Over the period under review, average import prices hit record highs 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 supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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