Switzerland: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Switzerland

The Swiss titanium ore and concentrate market skyrocketed to $X in 2022, rising by 1,610% against the previous year. Overall, consumption, however, recorded a deep setback. Titanium ore and concentrate consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Titanium Ores and Concentrates in Switzerland

In value terms, titanium ore and concentrate production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 24%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Titanium Ores and Concentrates

Exports from Switzerland

In 2022, overseas shipments of titanium ores and concentrates decreased by -49.9% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4,495% against the previous year. As a result, the exports attained the peak of X tons, and then dropped notably in the following year.

In value terms, titanium ore and concentrate exports fell dramatically to $X in 2022. Overall, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 3,039% against the previous year. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

The United States (X tons), Brazil (X tons) and France (X kg) were the main destinations of titanium ore and concentrate exports from Switzerland, with a combined 81% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +32.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and France ($X) were the largest markets for titanium ore and concentrate exported from Switzerland worldwide, together comprising 84% of total exports.

In terms of the main countries of destination, France, with a CAGR of +29.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average titanium ore and concentrate export price stood at $X per ton in 2022, increasing by 2.9% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 77% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Brazil ($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 (-2.1%).

Imports of Titanium Ores and Concentrates

Imports into Switzerland

In 2022, the amount of titanium ores and concentrates imported into Switzerland surged to X tons, jumping by 8,875% against 2021 figures. Over the period under review, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 69,832% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, titanium ore and concentrate imports soared to $X in 2022. Overall, imports, however, faced a drastic downturn. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest titanium ore and concentrate supplier to Switzerland, with a 70% share of total imports. Moreover, titanium ore and concentrate imports from Ukraine exceeded the figures recorded by the second-largest supplier, Germany (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine stood at +2,136.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.5% per year) and Spain (-24.0% per year).

In value terms, Germany ($X), Ukraine ($X) and Spain ($X) appeared to be the largest titanium ore and concentrate suppliers to Switzerland.

In terms of the main suppliers, Ukraine, with a CAGR of +4,768.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average titanium ore and concentrate import price stood at $X per ton in 2022, with a decrease of -9.1% against the previous year. In general, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2017 an increase of 534% against the previous year. 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.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+249.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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