U.S.: Ferro-Titanium And Ferro-Silico-Titanium Market 2025

Ferro-Titanium And Ferro-Silico-Titanium Market Size in the U.S.

The U.S. ferro-titanium and ferro-silico-titanium market shrank remarkably to $X in 2022, falling by -18.4% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Ferro-Titanium And Ferro-Silico-Titanium Production in the U.S.

In value terms, ferro-titanium and ferro-silico-titanium production declined dramatically to $X in 2022. Overall, production recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports from the U.S.

In 2022, exports of ferro-titanium and ferro-silico-titanium from the United States skyrocketed to X tons, jumping by 27% compared with the previous year's figure. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 38%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-titanium and ferro-silico-titanium exports soared to $X in 2022. Overall, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 52%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from the United States, accounting for a 67% share of total exports. Moreover, ferro-titanium and ferro-silico-titanium exports to Canada exceeded the volume sent to the second major destination, Brazil (X tons), fourfold. Mexico (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-6.7% per year) and Mexico (-23.0% per year).

In value terms, Canada ($X) remains the key foreign market for ferro-titanium and ferro-silico-titanium exports from the United States, comprising 66% of total exports. The second position in the ranking was held by Brazil ($X), with a 19% share of total exports. It was followed by Mexico, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-5.5% per year) and Mexico (-19.9% per year).

Export Prices by Country

The average ferro-titanium and ferro-silico-titanium export price stood at $X per ton in 2022, waning by -2.9% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-titanium and ferro-silico-titanium export price increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 67%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the UK ($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 Estonia (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports into the U.S.

Ferro-titanium and ferro-silico-titanium imports into the United States declined to X tons in 2022, dropping by -6.1% on the year before. Overall, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2016 with an increase of 97% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, ferro-titanium and ferro-silico-titanium imports amounted to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 128%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The UK (X tons), Canada (X tons) and Russia (X tons) were the main suppliers of ferro-titanium and ferro-silico-titanium imports to the United States, with a combined 76% share of total imports. Estonia, Norway and Ukraine lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +85.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Canada ($X) and Estonia ($X) were the largest ferro-titanium and ferro-silico-titanium suppliers to the United States, together accounting for 87% of total imports. Russia, Ukraine and Norway lagged somewhat behind, together accounting for a further 13%.

Norway, with a CAGR of +64.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ferro-titanium and ferro-silico-titanium import price amounted to $X per ton, picking up by 7.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 56% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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