Report Update Nov 1, 2024

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

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Romania: Titanium Market 2024

Titanium Exports

Exports from Romania

In 2022, approx. X tons of titanium sponge, powders, ingots and slabs were exported from Romania; picking up by 218% against 2021 figures. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 639% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, titanium exports expanded remarkably to $X in 2022. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 437% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Italy (X tons) was the main destination for titanium exports from Romania, with a 92% share of total exports. Moreover, titanium exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +140.6%.

In value terms, Italy ($X) emerged as the key foreign market for titanium sponge, powders, ingots and slabs exports from Romania, comprising 92% of total exports. The second position in the ranking was held by Germany ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +44.3%.

Export Prices by Country

In 2022, the average titanium export price amounted to $X per ton, which is down by -66.6% against the previous year. In general, the export price faced a dramatic setback. The pace of growth was the most pronounced in 2020 a decrease of -21.5% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-21.9%).

Titanium Imports

Imports into Romania

In 2022, approx. X tons of titanium sponge, powders, ingots and slabs were imported into Romania; picking up by 23% compared with 2021 figures. Overall, imports, however, saw a mild decline. The pace of growth appeared the most rapid in 2016 with an increase of 282% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, titanium imports expanded significantly to $X in 2022. Over the period under review, imports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 138%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of titanium imports to Romania, with a combined 53% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +227.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Kazakhstan ($X) constituted the largest titanium suppliers to Romania, with a combined 58% share of total imports.

Belgium, with a CAGR of +152.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, falling by -14.1% against the previous year. Overall, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($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 (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest titanium consuming country worldwide, accounting for 21% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, Russia, threefold. The third position in this ranking was occupied by the United States, 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 comprising a further 33%.

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

In value terms, the UK, the Czech Republic and Kazakhstan were the largest titanium suppliers to Romania, with a combined 74% share of total imports.

What are the leading importers of titanium sponge, powders, ingots and slabs from Romania?

In value terms, Moldova, Greece and Germany appeared to be the largest markets for titanium exported from Romania worldwide, together accounting for 91% of total exports.

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

In 2021, the average titanium export price amounted to $416,096 per ton, jumping by 25,504% against the previous year.

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

In 2021, the average titanium import price amounted to $8,878 per ton, falling by -4.7% against the previous year.

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

Romania

Data coverage:

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