Colombia - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Titanium Ore and Concentrate in Colombia - 2022
Contents:
- Price for Titanium Ore and Concentrate in Colombia (CIF) - 2022
- Price for Titanium Ore and Concentrate in Colombia (FOB) - 2022
- Imports of Titanium Ore and Concentrate in Colombia
- Exports of Titanium Ore and Concentrate in Colombia
Price for Titanium Ore and Concentrate in Colombia (CIF) - 2022
In 2022, the average titanium ore and concentrate import price amounted to $1,218 per ton, with a decrease of -1.8% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, titanium ore and concentrate import price increased by +57.2% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 32%. Over the period under review, average import prices attained the peak figure at $1,240 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,946 per ton), while the price for the UK ($116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Titanium Ore and Concentrate in Colombia (FOB) - 2022
In 2022, the average titanium ore and concentrate export price amounted to $1,175 per ton, shrinking by -30.5% against the previous year. In general, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 194% against the previous year. The export price peaked at $2,547 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,352 per ton), while the average price for exports to Venezuela ($742 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 Peru (-0.2%).
Imports of Titanium Ore and Concentrate in Colombia
Titanium ore and concentrate imports into Colombia fell to 980 tons in 2022, waning by -11.4% on the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 1.1K tons, and then shrank in the following year.
In value terms, titanium ore and concentrate imports shrank to $1.2M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of $1.4M, and then contracted in the following year.
Import of Titanium Ore and Concentrate in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 136 | 250 | 291 | 278 | 26.9% |
China | 53.6 | 23.2 | 100 | 171 | 47.2% |
Australia | 562 | 400 | 508 | 168 | -33.1% |
Brazil | N/A | N/A | N/A | 95.2 | 0% |
South Africa | 86.2 | 102 | 91.6 | 89.5 | 1.3% |
Hong Kong SAR | 77.5 | 67.5 | 56.8 | 52.0 | -12.5% |
Sierra Leone | 52.9 | 51.5 | 48.3 | 49.4 | -2.3% |
United Kingdom | 6.6 | 5.1 | 3.8 | 3.1 | -22.3% |
Others | 109 | 116 | 273 | 287 | 38.1% |
Total | 1,084 | 1,015 | 1,372 | 1,193 | 3.2% |
Top Suppliers of Titanium Ore and Concentrate to Colombia in 2022:
- Ukraine (233.5 tons)
- Australia (188.4 tons)
- China (112.2 tons)
- Hong Kong SAR (61.9 tons)
- South Africa (51.8 tons)
- Brazil (48.9 tons)
- Sierra Leone (38.3 tons)
- United Kingdom (26.4 tons)
Exports of Titanium Ore and Concentrate in Colombia
In 2022, overseas shipments of titanium ores and concentrates decreased by -20.5% to 23 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 221%. As a result, the exports attained the peak of 29 tons, and then declined rapidly in the following year.
In value terms, titanium ore and concentrate exports fell markedly to $27K in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 844% against the previous year. As a result, the exports attained the peak of $49K, and then reduced notably in the following year.
Export of Titanium Ore and Concentrate in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 21.6 | 0% |
Venezuela | 1.5 | 3.1 | 13.3 | 4.7 | 46.3% |
Peru | 0.1 | 0.3 | 1.8 | 0.8 | 100.0% |
Spain | N/A | 0.5 | N/A | N/A | 0% |
Brazil | N/A | N/A | 33.9 | N/A | 0% |
Others | N/A | 1.4 | N/A | N/A | 0% |
Total | 1.6 | 5.2 | 49.0 | 27.1 | 156.8% |
Top Export Markets for Titanium Ore and Concentrate from Colombia in 2022:
- China (16.0 tons)
- Venezuela (6.4 tons)
- Peru (0.7 tons)
This report provides an in-depth analysis of the market for titanium ore and concentrate in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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
This report provides an in-depth analysis of the market for titanium ore and concentrate in Colombia.
This report provides an in-depth analysis of the global market for titanium ore and concentrate.
This report provides an in-depth analysis of the market for titanium ore and concentrate in Colombia.
This report provides an in-depth analysis of the global market for titanium ore and concentrate.
In the first half of 2021, prices for titanium and its derivatives shot up in response to rising demand and a drop in titanium mining last year, as well as titanium shaving stocks reduction. The rebound in the chemical and aerospace industries is a key driver for the rising demand for the metal. The potential use of titanium derivatives in alternative energy is set to stimulate further market expansion. Robust demand expectations are to keep prices elevated in the immediate term.
In the first half of 2021, prices for titanium and its derivatives shot up in response to rising demand and a drop in titanium mining last year, as well as titanium shaving stocks reduction. The rebound in the chemical and aerospace industries is a key driver for the rising demand for the metal. The potential use of titanium derivatives in alternative energy is set to stimulate further market expansion. Robust demand expectations are to keep prices elevated in the immediate term.