Report Update Nov 1, 2024

Luxembourg - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Titanium Market 2024

Titanium Market Size in Luxembourg

In 2022, the Luxembourg titanium market decreased by 99.9% to less than $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a deep contraction. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Titanium Production in Luxembourg

In value terms, titanium production expanded modestly to $X in 2022 estimated in export price. Overall, production saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Titanium Exports

Exports from Luxembourg

In 2021, overseas shipments of titanium sponge, powders, ingots and slabs decreased by 0% to X kg, falling for the third year in a row after three years of growth. Overall, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2018 with an increase of 478,600%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, titanium exports stood at $X in 2021. In general, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2018 when exports increased by 204,325% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for titanium exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to France stood at +165.9%.

From 2013 to 2021, the average annual rate of growth in terms of value to France totaled +75.2%.

Export Prices by Country

The average titanium export price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 51%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for France amounted to -34.1% per year.

Titanium Imports

Imports into Luxembourg

In 2022, titanium imports into Luxembourg soared to X kg, with an increase of 1,039% against 2021. In general, imports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 66,050%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, titanium imports surged to $X in 2022. Overall, imports, however, saw a sharp curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 35,138% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Austria (X kg) constituted the largest titanium supplier to Luxembourg, accounting for a 90% share of total imports. Moreover, titanium imports from Austria exceeded the figures recorded by the second-largest supplier, Switzerland (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria stood at -34.7%.

In value terms, Austria ($X) constituted the largest supplier of titanium sponge, powders, ingots and slabs to Luxembourg, comprising 68% of total imports. The second position in the ranking was held by Switzerland ($X), with a 32% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Austria totaled -12.8%.

Import Prices by Country

In 2022, the average titanium import price amounted to $X per ton, dropping by -16.8% against the previous year. Overall, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2017 when the average import price increased by 812%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average 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 Switzerland ($X per ton), while the price for Austria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+33.5%), 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 sponge, powders, ingots and slabs in the world?

The country with the largest volume of titanium consumption was China, comprising approx. 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 accounting for 34% of global production. These countries were followed by Indonesia, Kazakhstan, the United States, Brazil, the UK, Pakistan, Germany, Canada, Nigeria and the Philippines, which together accounted for a further 33%.

What are the leading suppliers of titanium sponge, powders, ingots and slabs to Luxembourg?

In value terms, Germany constituted the largest supplier of titanium to Luxembourg.

What is the average export price for titanium sponge, powders, ingots and slabs in Luxembourg?

The average titanium export price stood at $2,269 per ton in 2021, remaining stable against the previous year.

What is the average import price for titanium sponge, powders, ingots and slabs in Luxembourg?

The average titanium import price stood at $7,417 per ton in 2021, picking up by 109% against the previous year.

This report provides an in-depth analysis of the titanium market in Luxembourg. 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:

Luxembourg

Data coverage:

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