Turkey - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Titanium Ore and Concentrate in Turkey - 2023
Contents:
- Price for Titanium Ore and Concentrate in Turkey (CIF) - 2023
- Price for Titanium Ore and Concentrate in Turkey (FOB) - 2022
- Imports of Titanium Ore and Concentrate in Turkey
- Exports of Titanium Ore and Concentrate in Turkey
Price for Titanium Ore and Concentrate in Turkey (CIF) - 2023
The average titanium ore and concentrate import price stood at $1,880 per ton in July 2023, waning by -9.7% against the previous month. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in September 2022 an increase of 442% m-o-m. The import price peaked at $2,309 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Africa ($2,100 per ton), while the price for Egypt ($248 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ukraine (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Titanium Ore and Concentrate in Turkey (FOB) - 2022
In 2022, the average titanium ore and concentrate export price amounted to $2,901 per ton, with an increase of 80% against the previous year. Overall, the export price recorded a measured increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 123%. As a result, the export price reached the peak level of $5,441 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Morocco ($3,162 per ton) and Lithuania ($2,975 per ton), while the average price for exports to Egypt ($2,740 per ton) and Russia ($2,919 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+66.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Titanium Ore and Concentrate in Turkey
In 2022, approx. 69K tons of titanium ores and concentrates were imported into Turkey; jumping by 23% compared with the year before. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 112% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, titanium ore and concentrate imports soared to $31M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Titanium Ore and Concentrate in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 3.9 | 8.7 | 6.9 | 14.9 | 56.3% |
| Ukraine | 6.2 | 6.9 | 6.4 | 9.6 | 15.7% |
| South Africa | 0.1 | 2.1 | 3.8 | 3.0 | 210.7% |
| Others | 2.0 | 2.5 | 2.4 | 3.6 | 21.6% |
| Total | 12.2 | 20.2 | 19.5 | 31.1 | 36.6% |
Top Suppliers of Titanium Ore and Concentrate to Turkey in 2022:
- Egypt (60.5K tons)
- Ukraine (4.7K tons)
- South Africa (1.7K tons)
Exports of Titanium Ore and Concentrate in Turkey
In 2022, the amount of titanium ores and concentrates exported from Turkey surged to 1.1K tons, increasing by 279% against the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 959,126%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, titanium ore and concentrate exports soared to $3.3M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 727,759% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Titanium Ore and Concentrate in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 40.8 | 2,478 | 5973.5% |
| Egypt | N/A | N/A | 152 | 553 | 263.8% |
| Lithuania | N/A | N/A | N/A | 143 | 0% |
| Morocco | N/A | N/A | 85.7 | 34.8 | -59.4% |
| Azerbaijan | N/A | N/A | 85.1 | N/A | 0% |
| Iran | 143 | N/A | 99.7 | N/A | -16.5% |
| Others | N/A | 0.1 | 16.7 | 56.6 | 2279.1% |
| Total | 143 | 0.1 | 480 | 3,266 | 183.7% |
Top Export Markets for Titanium Ore and Concentrate from Turkey in 2022:
- Russia (849.0 tons)
- Egypt (202.0 tons)
- Lithuania (48.0 tons)
- Morocco (11.0 tons)
This report provides an in-depth analysis of the market for titanium ore and concentrate in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
673
This report provides an in-depth analysis of the market for titanium ore and concentrate in Turkey.
3608
This report provides an in-depth analysis of the global market for titanium ore and concentrate.
673
This report provides an in-depth analysis of the market for titanium ore and concentrate in Turkey.
3608
This report provides an in-depth analysis of the global market for titanium ore and concentrate.
974
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.
974
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.
