Report Update Nov 1, 2024

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

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Japan: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Japan

In 2022, after two years of decline, there was significant growth in the Japanese titanium ore and concentrate market, when its value increased by 104% to $X. In general, consumption, however, showed a perceptible descent. Titanium ore and concentrate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Titanium Ores and Concentrates

Exports from Japan

Titanium ore and concentrate exports from Japan dropped remarkably to X tons in 2022, with a decrease of -41.1% compared with the previous year's figure. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 4,369%. As a result, the exports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, titanium ore and concentrate exports dropped notably to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2019 with an increase of 3,728% against the previous year. The exports peaked at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Italy (X kg) was the main destination for titanium ore and concentrate exports from Japan, accounting for a approx. 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +36.8%.

In value terms, Italy ($X) emerged as the key foreign market for titanium ores and concentrates exports from Japan.

From 2012 to 2022, the average annual growth rate of value to Italy stood at +47.1%.

Export Prices by Country

In 2022, the average titanium ore and concentrate export price amounted to $X per ton, shrinking by -94.5% against the previous year. Overall, the export price continues to indicate a sharp curtailment. The growth pace was the most rapid in 2020 an increase of 145%. As a result, the export price reached the peak level of $X per ton. From 2021 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 Italy.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +35.4% per year.

Imports of Titanium Ores and Concentrates

Imports into Japan

In 2022, after four years of decline, there was significant growth in supplies from abroad of titanium ores and concentrates, when their volume increased by 58% to X tons. Overall, imports, however, showed a deep downturn. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, titanium ore and concentrate imports surged to $X in 2022. In general, imports, however, continue to indicate a slight decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa (X tons), Canada (X tons) and India (X tons) were the main suppliers of titanium ore and concentrate imports to Japan, together comprising 64% of total imports. Australia, Mozambique, Sierra Leone and Vietnam lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +14.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest titanium ore and concentrate suppliers to Japan were South Africa ($X), Canada ($X) and India ($X), with a combined 73% share of total imports. Australia, Mozambique, Sierra Leone and Vietnam lagged somewhat behind, together comprising a further 25%.

Among the main suppliers, Mozambique, with a CAGR of +16.0%, recorded 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

The average titanium ore and concentrate import price stood at $X per ton in 2022, picking up by 43% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.8%), 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 comprising 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 Japan?

In value terms, the largest titanium ore and concentrate suppliers to Japan were Canada, South Africa and Mozambique, together comprising 59% of total imports.

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

In value terms, Italy remains the key foreign market for titanium ore and concentrate exports from Japan.

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

The average titanium ore and concentrate export price stood at $27,012 per ton in 2021, growing by 435% against the previous year.

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

In 2021, the average titanium ore and concentrate import price amounted to $686 per ton, shrinking by -15.6% against the previous year.

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

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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