Poland: Titanium Market 2024

Titanium Market Size in Poland

The Polish titanium market stood at $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Titanium Production in Poland

In value terms, titanium production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by 20% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Titanium Exports

Exports from Poland

In 2022, shipments abroad of titanium sponge, powders, ingots and slabs increased by 2,356% to X tons, rising for the third consecutive year after three years of decline. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, titanium exports soared to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,298%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons) was the main destination for titanium exports from Poland, accounting for a 50% share of total exports. Moreover, titanium exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. South Africa (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +539.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+9,279.6% per year) and South Africa (0.0% per year).

In value terms, the largest markets for titanium exported from Poland were the United States ($X), South Africa ($X) and the Netherlands ($X), together comprising 64% of total exports.

The Netherlands, with a CAGR of +2,003.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average titanium export price amounted to $X per ton, which is down by -38.2% against the previous year. In general, the export price, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2014 an increase of 235%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the United States ($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 France (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Imports

Imports into Poland

Titanium imports into Poland skyrocketed to X tons in 2022, rising by 16% compared with 2021. In general, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 128%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, titanium imports surged to $X in 2022. Over the period under review, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 112% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Ukraine (X tons), China (X tons) and Spain (X tons) were the main suppliers of titanium imports to Poland, with a combined 86% share of total imports. The United Arab Emirates, Japan, Germany and Russia lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +63.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Ukraine ($X) and Spain ($X) were the largest titanium suppliers to Poland, with a combined 82% share of total imports. The United Arab Emirates, Japan, Germany and Russia lagged somewhat behind, together accounting for a further 13%.

Among the main suppliers, Japan, with a CAGR of +73.7%, saw the highest rates of growth with regard to 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 import price stood at $X per ton in 2022, with an increase of 10% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, titanium import price increased by +29.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 93%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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