Price for Titanium; Waste and Scrap in Italy - 2023
Contents:
- Price for Titanium; Waste and Scrap in Italy (FOB) - 2023
- Price for Titanium; Waste and Scrap in Italy (CIF) - 2023
- Exports of Titanium; Waste and Scrap in Italy
- Imports of Titanium; Waste and Scrap in Italy
Price for Titanium; Waste and Scrap in Italy (FOB) - 2023
The average titanium; waste and scrap export price stood at $6,064 per ton in July 2023, picking up by 14% against the previous month. Over the period under review, export price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, titanium; waste and scrap export price decreased by -33.5% against April 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 78% m-o-m. Over the period under review, the average export prices hit record highs at $9,116 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($10,273 per ton), while the average price for exports to Switzerland ($2,790 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Titanium; Waste and Scrap in Italy (CIF) - 2023
In June 2023, the average titanium; waste and scrap import price amounted to $10,714 per ton, dropping by -19% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 54% against the previous month. The import price peaked at $15,393 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($13,212 per ton), while the price for Switzerland stood at $3,340 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Titanium; Waste and Scrap in Italy
In 2022, exports of titanium; waste and scraps from Italy soared to 4.3K tons, rising by 92% on the year before. Over the period under review, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, titanium; waste and scrap exports surged to $19M in 2022. In general, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Titanium; Waste and Scrap in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.0 | 2.8 | 1.9 | 8.8 | 3.2% |
| Germany | 1.9 | 1.0 | 2.0 | 4.1 | 29.2% |
| Poland | N/A | 0.2 | 1.0 | 2.6 | 260.6% |
| United Kingdom | 0.3 | N/A | 0.1 | 1.2 | 58.7% |
| South Korea | 0.8 | 0.6 | 0.6 | 0.6 | -9.1% |
| Estonia | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| France | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| India | 0.5 | 0.7 | 1.1 | N/A | 48.3% |
| Others | 0.7 | 1.1 | 1.2 | 1.6 | 31.7% |
| Total | 12.6 | 6.8 | 8.5 | 19.3 | 15.3% |
Top Export Markets for Titanium; Waste and Scrap from Italy in 2022:
- United States (2486.2 tons)
- Germany (643.5 tons)
- Poland (479.4 tons)
- United Kingdom (306.3 tons)
- South Korea (78.0 tons)
- Estonia (60.4 tons)
- France (9.1 tons)
Imports of Titanium; Waste and Scrap in Italy
In 2022, approx. 1.3K tons of titanium; waste and scraps were imported into Italy; increasing by 101% compared with 2021. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, titanium; waste and scrap imports soared to $13M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Titanium; Waste and Scrap in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 1.8 | 2.7 | 8.8 | 43.1% |
| Poland | N/A | 0.1 | 0.4 | 2.1 | 358.3% |
| France | 1.2 | 0.8 | 0.5 | 1.4 | 5.3% |
| Spain | N/A | N/A | N/A | 0.4 | 0% |
| Switzerland | 0.7 | 0.2 | 0.3 | 0.3 | -24.6% |
| Czech Republic | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Slovenia | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.1 | 0.3 | 0.2 | 0.1 | 0.0% |
| Total | 5.1 | 3.2 | 4.4 | 13.4 | 38.0% |
Top Suppliers of Titanium; Waste and Scrap to Italy in 2022:
- Germany (623.8 tons)
- France (287.3 tons)
- Poland (182.9 tons)
- Switzerland (93.2 tons)
- Spain (35.1 tons)
- Czech Republic (30.7 tons)
- Slovenia (21.6 tons)
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