Report Update Nov 1, 2024

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

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Southern Asia: Titanium Market 2024

Titanium Market Size in Southern Asia

In 2022, the South Asian titanium market decreased by -3.4% to $X for the first time since 2016, thus ending a five-year rising trend. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then shrank slightly in the following year.

Titanium Production in Southern Asia

In value terms, titanium production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of 207% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Titanium Exports

Exports in Southern Asia

Titanium exports surged to X tons in 2022, with an increase of 21% against the previous year. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,528%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, titanium exports contracted to $X in 2022. Overall, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 4,868%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India was the largest exporting country with an export of around X tons, which resulted at 77% of total exports. It was distantly followed by Sri Lanka (X kg), creating a 23% share of total exports.

Exports from India increased at an average annual rate of +21.3% from 2012 to 2022. At the same time, Sri Lanka (+38.2%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +38.2% from 2012-2022. While the share of Sri Lanka (+16 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-10.8 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest titanium supplier in Southern Asia, comprising 79% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India amounted to +15.2%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by -23.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 208% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.8%).

Titanium Imports

Imports in Southern Asia

In 2022, purchases abroad of titanium sponge, powders, ingots and slabs decreased by -23.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of 245% against the previous year. The volume of import peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, titanium imports surged to $X in 2022. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 414%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) represented the largest importer of titanium sponge, powders, ingots and slabs in Southern Asia, constituting 100% of total import.

India was also the fastest-growing in terms of the titanium sponge, powders, ingots and slabs imports, with a CAGR of +15.9% from 2012 to 2022. While the share of India (+7.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +18.1%.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 58% against the previous year. Overall, the import price showed a notable increase. The most prominent rate of growth was recorded in 2017 an increase of 93%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Pakistan constituted the country with the largest volume of titanium consumption, accounting for 64% of total volume. Moreover, titanium consumption in Pakistan exceeded the figures recorded by the second-largest consumer, Sri Lanka, fivefold. Nepal ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of titanium sponge, powders, ingots and slabs in Southern Asia?

Pakistan constituted the country with the largest volume of titanium production, accounting for 66% of total volume. Moreover, titanium production in Pakistan exceeded the figures recorded by the second-largest producer, Sri Lanka, fivefold. Nepal ranked third in terms of total production with an 8.7% share.

What are the leading exporters of titanium sponge, powders, ingots and slabs in Southern Asia?

In value terms, India remains the largest titanium supplier in Southern Asia, comprising 94% of total exports. The second position in the ranking was occupied by Sri Lanka, with a 6.1% share of total exports.

What are the leading importers of titanium sponge, powders, ingots and slabs in Southern Asia?

In value terms, India constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Southern Asia.

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

The export price in Southern Asia stood at $17,425 per ton in 2021, surging by 97% against the previous year.

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

The import price in Southern Asia stood at $7,791 per ton in 2021, waning by -7.5% against the previous year.

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

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023