U.S. - Ferro-Titanium and Ferro-Silico-Titanium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Titanium and Ferro-Silico-Titanium Price in the United States - 2023
Contents:
- Ferro-Titanium and Ferro-Silico-Titanium Price in the United States (CIF) - 2023
- Ferro-Titanium and Ferro-Silico-Titanium Price in the United States (FOB) - 2023
- Ferro-Titanium and Ferro-Silico-Titanium Imports in the United States
- Ferro-Titanium and Ferro-Silico-Titanium Exports in the United States
Ferro-Titanium and Ferro-Silico-Titanium Price in the United States (CIF) - 2023
The average ferro-titanium and ferro-silico-titanium import price stood at $4,891 per ton in August 2023, surging by 2.8% against the previous month. In general, the import price, however, showed a perceptible decline. The pace of growth was the most pronounced in September 2022 when the average import price increased by 40% against the previous month. As a result, import price reached the peak level of $8,872 per ton. From October 2022 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($8,802 per ton), while the price for Latvia ($4,069 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Titanium and Ferro-Silico-Titanium Price in the United States (FOB) - 2023
In August 2023, the average ferro-titanium and ferro-silico-titanium export price amounted to $5,880 per ton, jumping by 20% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The export price peaked at $6,584 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Mexico ($12,253 per ton), while the average price for exports to Canada ($5,545 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Titanium and Ferro-Silico-Titanium Imports in the United States
In 2022, imports of ferro-titanium and ferro-silico-titanium into the United States contracted to 3.9K tons, reducing by -6.1% on 2021. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 4.2K tons, and then shrank in the following year.
In value terms, ferro-titanium and ferro-silico-titanium imports amounted to $20M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 128% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Ferro-Titanium and Ferro-Silico-Titanium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.2 | 2.3 | 6.7 | 8.5 | 26.5% |
| Canada | 3.8 | 2.3 | 4.4 | 6.2 | 17.7% |
| Estonia | 0.4 | 0.1 | 0.3 | 2.8 | 91.3% |
| Russia | 0.6 | 2.8 | 7.1 | 1.8 | 44.2% |
| Ukraine | 0.8 | 0.9 | 1.2 | 0.4 | -20.6% |
| Norway | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Poland | 1.7 | 0.1 | N/A | N/A | -94.1% |
| Others | 0.1 | 0.3 | 0.4 | 0.1 | 0.0% |
| Total | 11.6 | 8.8 | 20.1 | 20.2 | 20.3% |
Top Suppliers of Ferro-Titanium and Ferro-Silico-Titanium to the United States in 2022:
- United Kingdom (1360.0 tons)
- Canada (1086.8 tons)
- Russia (501.7 tons)
- Estonia (416.3 tons)
- Norway (407.2 tons)
- Ukraine (104.7 tons)
Ferro-Titanium and Ferro-Silico-Titanium Exports in the United States
In 2022, ferro-titanium and ferro-silico-titanium exports from the United States soared to 1.9K tons, rising by 27% compared with the previous year. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-titanium and ferro-silico-titanium exports surged to $10M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +63.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Ferro-Titanium and Ferro-Silico-Titanium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.2 | 3.4 | 5.1 | 6.7 | 44.9% |
| Brazil | 1.1 | 1.0 | 1.1 | 1.9 | 20.0% |
| Mexico | 1.9 | 1.1 | 1.7 | 0.8 | -25.0% |
| United Kingdom | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| Estonia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Chile | 0.9 | 0.3 | 0.1 | N/A | -66.7% |
| Others | 0.2 | 0.4 | 0.2 | 0.1 | -20.6% |
| Total | 6.5 | 6.3 | 8.3 | 10.2 | 16.2% |
Top Export Markets for Ferro-Titanium and Ferro-Silico-Titanium from the United States in 2022:
- Canada (1282.5 tons)
- Brazil (336.0 tons)
- Mexico (116.2 tons)
- United Kingdom (76.0 tons)
- Germany (61.6 tons)
- Estonia (29.5 tons)
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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