India - Ferro-Titanium and Ferro-Silico-Titanium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Ferro-Titanium and Ferro-Silico-Titanium - Market Analysis, Forecast, Size, Trends And Insights

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Ferro-Titanium and Ferro-Silico-Titanium Price in India - 2023

Contents:

  1. Ferro-Titanium and Ferro-Silico-Titanium Price in India (FOB) - 2023
  2. Ferro-Titanium and Ferro-Silico-Titanium Price in India (CIF) - 2023
  3. Ferro-Titanium and Ferro-Silico-Titanium Exports in India
  4. Ferro-Titanium and Ferro-Silico-Titanium Imports in India

Ferro-Titanium and Ferro-Silico-Titanium Price in India (FOB) - 2023

The average ferro-titanium and ferro-silico-titanium export price stood at $4,344 per ton in July 2023, reducing by -4.1% against the previous month. Over the period under review, the export price recorded a deep reduction. The pace of growth was the most pronounced in January 2023 an increase of 18% month-to-month. The export price peaked at $8,312 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In July 2023, the highest price was recorded for prices to Saudi Arabia ($5,033 per ton) and Japan ($4,521 per ton), while the average price for exports to Oman ($3,914 per ton) and South Korea ($4,101 per ton) were 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 Arab Emirates (-1.1%), while the prices for the other major destinations experienced a decline.

Ferro-Titanium and Ferro-Silico-Titanium Price in India (CIF) - 2023

The average ferro-titanium and ferro-silico-titanium import price stood at $4,997 per ton in July 2023, rising by 21% against the previous month. Over the period under review, the import price, however, saw a pronounced setback. The growth pace was the most rapid in October 2022 an increase of 754% m-o-m. Over the period under review, average import prices reached the peak figure at $7,839 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.

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

From August 2022 to July 2023, the rate of growth in terms of prices for the UK amounted to +20.9% per month.

Ferro-Titanium and Ferro-Silico-Titanium Exports in India

In 2022, overseas shipments of ferro-titanium and ferro-silico-titanium decreased by -12.5% to 1.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of 3.1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-titanium and ferro-silico-titanium exports soared to $12M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ferro-Titanium and Ferro-Silico-Titanium in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.30.41.92.5102.7%
South Korea0.20.41.82.1119.0%
Spain0.10.11.32.1175.9%
NetherlandsN/A0.30.72.0158.2%
Saudi Arabia1.00.90.31.13.2%
South AfricaN/A0.10.50.6144.9%
United Kingdom0.70.41.10.6-5.0%
Belgium0.5N/AN/AN/A0%
China5.04.4N/AN/A-12.0%
Others0.70.81.40.6-5.0%
Total8.67.99.111.710.8%

Top Export Markets for Ferro-Titanium and Ferro-Silico-Titanium from India in 2022:

  1. Netherlands (395.6 tons)
  2. South Korea (334.9 tons)
  3. Spain (302.7 tons)
  4. Japan (298.2 tons)
  5. Saudi Arabia (122.7 tons)
  6. United Kingdom (110.0 tons)
  7. South Africa (51.0 tons)

Ferro-Titanium and Ferro-Silico-Titanium Imports in India

In 2022, approx. 677 tons of ferro-titanium and ferro-silico-titanium were imported into India; declining by -24.3% compared with the previous year's figure. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.

In value terms, ferro-titanium and ferro-silico-titanium imports contracted to $4.1M in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 162%.

Import of Ferro-Titanium and Ferro-Silico-Titanium in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A59.91,4832375.8%
SingaporeN/AN/AN/A9790%
EstoniaN/AN/A120544353.3%
GermanyN/AN/AN/A3770%
United Kingdom2,3049372,553360-46.1%
United Arab Emirates0.9155N/A221526.2%
Russia1541443231713.6%
Netherlands650255479N/A-14.2%
Canada2,2112591,190N/A-26.6%
Others63.274.058.41.8-69.5%
Total5,3831,8234,7834,136-8.4%

Top Suppliers of Ferro-Titanium and Ferro-Silico-Titanium to India in 2022:

  1. China (289.0 tons)
  2. Singapore (133.4 tons)
  3. Estonia (85.5 tons)
  4. United Kingdom (73.9 tons)
  5. United Arab Emirates (34.3 tons)
  6. Russia (34.2 tons)
  7. Germany (26.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in India. 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:

    • India

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in India
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 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. 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
    12. 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
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