Report Update Nov 1, 2024

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

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Russian Federation: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in the Russian Federation

The Russian titanium ore and concentrate market shrank to $X in 2022, which is down by -5.5% against the previous year. Overall, consumption showed a mild shrinkage. Titanium ore and concentrate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Titanium Ores and Concentrates in the Russian Federation

In value terms, titanium ore and concentrate production surged to $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The growth pace was the most rapid in 2020 when the production volume increased by 138% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Titanium Ores and Concentrates

Exports from the Russian Federation

In 2022, approx. X tons of titanium ores and concentrates were exported from Russia; with a decrease of -38.8% on 2021 figures. Overall, exports saw a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 346%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, titanium ore and concentrate exports contracted sharply to $X in 2022. In general, exports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 when exports increased by 175%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for titanium ore and concentrate exports from Russia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to +91.2%.

In value terms, Ukraine ($X) also remains the key foreign market for titanium ores and concentrates exports from Russia.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine amounted to +99.2%.

Export Prices by Country

In 2022, the average titanium ore and concentrate export price amounted to $X per ton, with an increase of 11% against the previous year. Overall, the export price posted a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 138%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +67.5% per year.

Imports of Titanium Ores and Concentrates

Imports into the Russian Federation

In 2022, approx. X tons of titanium ores and concentrates were imported into Russia; declining by -2.7% compared with 2021. Over the period under review, imports showed a noticeable descent. The growth pace was the most rapid in 2015 with an increase of 142% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, titanium ore and concentrate imports declined to $X in 2022. In general, imports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 84%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of titanium ore and concentrate to Russia, accounting for a 80% share of total imports. Moreover, titanium ore and concentrate imports from Vietnam exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled +68.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-16.6% per year) and Norway (-13.3% per year).

In value terms, Vietnam ($X) constituted the largest supplier of titanium ores and concentrates to Russia, comprising 82% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam amounted to +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-19.5% per year) and Norway (-10.4% per year).

Import Prices by Country

In 2022, the average titanium ore and concentrate import price amounted to $X per ton, declining by -6.5% against the previous year. Overall, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2017 an increase of 63%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Norway ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.6%), 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, with a combined 58% share of global production. Mozambique, Australia, Ukraine, Norway, Senegal, Madagascar, Kenya, South Korea, India and Vietnam lagged somewhat behind, together accounting 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 the Russian Federation?

In value terms, the largest titanium ore and concentrate suppliers to Russia were Ukraine, Vietnam and Mozambique, with a combined 93% share of total imports. These countries were followed by Kazakhstan, which accounted for a further 4%.

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

In value terms, Ukraine emerged as the key foreign market for titanium ore and concentrate exports from Russia, comprising 85% of total exports. The second position in the ranking was occupied by Belarus, with a 15% share of total exports.

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

In 2021, the average titanium ore and concentrate export price amounted to $797 per ton, reducing by -38.3% against the previous year.

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

In 2021, the average titanium ore and concentrate import price amounted to $407 per ton, rising by 15% against the previous year.

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

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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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