Report Update Nov 1, 2024

Hong Kong SAR, China - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Titanium Market 2024

Titanium Market Size in Hong Kong SAR, China

The Hong Kong titanium market stood at $X in 2022, remaining stable against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Titanium Production in Hong Kong SAR, China

In value terms, titanium production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 13% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Titanium Exports

Exports from Hong Kong SAR, China

In 2022, approx. X tons of titanium sponge, powders, ingots and slabs were exported from Hong Kong SAR; increasing by 186% on 2021. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 747%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, titanium exports skyrocketed to $X in 2022. Overall, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 731% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for titanium exports from Hong Kong SAR, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at -9.2%.

In value terms, China ($X) also remains the key foreign market for titanium sponge, powders, ingots and slabs exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to China amounted to -4.4%.

Export Prices by Country

The average titanium export price stood at $X per ton in 2022, increasing by 43% against the previous year. Over the period under review, the export price, however, showed a slight downturn. The growth pace was the most rapid in 2018 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.2% per year.

Titanium Imports

Imports into Hong Kong SAR, China

In 2022, the amount of titanium sponge, powders, ingots and slabs imported into Hong Kong SAR plummeted to X kg, falling by -81.4% compared with the previous year. In general, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 319% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, titanium imports shrank significantly to $X in 2022. Over the period under review, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2014 with an increase of 208% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X kg) constituted the largest titanium supplier to Hong Kong SAR, accounting for a approx. 38% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at +11.8%.

In value terms, Sweden ($X) constituted the largest supplier of titanium sponge, powders, ingots and slabs to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden totaled +13.2%.

Import Prices by Country

In 2022, the average titanium import price amounted to $X per ton, picking up by 123% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 183%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +59.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium sponge, powders, ingots and slabs in the world?

China constituted the country with the largest volume of titanium consumption, accounting for 21% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, Russia, threefold. The United States ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of titanium sponge, powders, ingots and slabs in the world?

The countries with the highest volumes of in 2021 were China, Japan and Russia, together comprising 34% of global production. Indonesia, Kazakhstan, the United States, Brazil, the UK, Pakistan, Germany, Canada, Nigeria and the Philippines lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of titanium sponge, powders, ingots and slabs to Hong Kong SAR, China?

In value terms, the United States constituted the largest supplier of titanium to Hong Kong SAR, comprising 88% of total imports. The second position in the ranking was occupied by Sweden, with a 12% share of total imports.

What are the leading importers of titanium sponge, powders, ingots and slabs from Hong Kong SAR, China?

In value terms, China emerged as the key foreign market for titanium exports from Hong Kong SAR, comprising 90% of total exports. The second position in the ranking was occupied by France, with a 6.5% share of total exports.

What is the average export price for titanium sponge, powders, ingots and slabs in Hong Kong SAR, China?

The average titanium export price stood at $77,100 per ton in 2021, picking up by 102% against the previous year.

What is the average import price for titanium sponge, powders, ingots and slabs in Hong Kong SAR, China?

In 2021, the average titanium import price amounted to $51,151 per ton, increasing by 22% against the previous year.

This report provides an in-depth analysis of the titanium market in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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