Italy: Ferro-Titanium And Ferro-Silico-Titanium Market 2025

Ferro-Titanium And Ferro-Silico-Titanium Market Size in Italy

In 2022, the Italian ferro-titanium and ferro-silico-titanium market increased by 2.8% to $X, rising for the second consecutive year after three years of decline. Overall, consumption recorded a relatively flat trend pattern. Ferro-titanium and ferro-silico-titanium consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports from Italy

In 2022, shipments abroad of ferro-titanium and ferro-silico-titanium was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 1,493% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-titanium and ferro-silico-titanium exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 687%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Bulgaria (X tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from Italy, with a 83% share of total exports. Moreover, ferro-titanium and ferro-silico-titanium exports to Bulgaria exceeded the volume sent to the second major destination, Poland (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled +2,200.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+83.4% per year) and Estonia (-27.8% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for ferro-titanium and ferro-silico-titanium exports from Italy, comprising 85% of total exports. The second position in the ranking was taken by Poland ($X), with a 7.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bulgaria amounted to +4,285.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+112.3% per year) and Estonia (+25.4% per year).

Export Prices by Country

In 2022, the average ferro-titanium and ferro-silico-titanium export price amounted to $X per ton, growing by 265% against the previous year. Overall, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Poland ($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 Bulgaria (+90.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports into Italy

In 2022, approx. X tons of ferro-titanium and ferro-silico-titanium were imported into Italy; reducing by -6.4% on the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 51%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, ferro-titanium and ferro-silico-titanium imports soared to $X in 2022. In general, imports, however, recorded a temperate expansion. The growth pace was the most rapid in 2021 when imports increased by 139% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Estonia (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of ferro-titanium and ferro-silico-titanium imports to Italy, with a combined 68% share of total imports. Slovenia, Poland, Spain, France and the UK lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +49.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-titanium and ferro-silico-titanium suppliers to Italy were the Netherlands ($X), Estonia ($X) and Germany ($X), with a combined 76% share of total imports.

Among the main suppliers, Estonia, with a CAGR of +57.8%, saw 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

In 2022, the average ferro-titanium and ferro-silico-titanium import price amounted to $X per ton, increasing by 34% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-titanium and ferro-silico-titanium import price increased by +111.0% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 58%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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