Price for Titanium; Waste and Scrap in Australia - 2023
Contents:
- Price for Titanium; Waste and Scrap in Australia (FOB) - 2022
- Price for Titanium; Waste and Scrap in Australia (CIF) - 2022
- Exports of Titanium; Waste and Scrap in Australia
- Imports of Titanium; Waste and Scrap in Australia
Price for Titanium; Waste and Scrap in Australia (FOB) - 2022
In 2022, the average titanium; waste and scrap export price amounted to $4,565 per ton, with an increase of 35% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, titanium; waste and scrap export price increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5,408 per ton), while the average price for exports to Singapore ($4,491 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 Spain (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Titanium; Waste and Scrap in Australia (CIF) - 2022
In 2022, the average titanium; waste and scrap import price amounted to $2,552 per ton, with a decrease of -75.9% against the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2020 when the average import price increased by 41%. The import price peaked at $13,768 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,820 per ton), while the price for New Caledonia stood at $1,699 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.8%).
Exports of Titanium; Waste and Scrap in Australia
In 2022, exports of titanium; waste and scraps from Australia contracted notably to 157 tons, which is down by -35.5% compared with the year before. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 443%. As a result, the exports attained the peak of 244 tons, and then shrank remarkably in the following year.
In value terms, titanium; waste and scrap exports declined to $719K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 639% against the previous year. As a result, the exports attained the peak of $825K, and then dropped in the following year.
| Export of Titanium; Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 76.1 | 10.4 | 226 | 616 | 100.8% |
| Spain | N/A | N/A | 13.2 | 51.6 | 290.9% |
| United Kingdom | 12.0 | 1.1 | 56.8 | 46.7 | 57.3% |
| India | 27.2 | 8.4 | N/A | N/A | -69.1% |
| Taiwan (Chinese) | N/A | N/A | 26.3 | N/A | 0% |
| Estonia | N/A | N/A | 121 | N/A | 0% |
| Netherlands | 52.6 | 44.2 | 57.8 | N/A | 4.8% |
| United States | 62.9 | 32.1 | 70.1 | N/A | 5.6% |
| Others | 8.9 | 15.3 | 253 | 4.4 | -20.9% |
| Total | 240 | 112 | 825 | 719 | 44.2% |
Top Export Markets for Titanium; Waste and Scrap from Australia in 2022:
- Singapore (137.1 tons)
- United Kingdom (9.7 tons)
- Spain (9.5 tons)
Imports of Titanium; Waste and Scrap in Australia
After two years of decline, overseas purchases of titanium; waste and scraps increased by 138% to 3.3 tons in 2022. Overall, imports, however, showed a sharp curtailment.
In value terms, titanium; waste and scrap imports reduced sharply to $8.5K in 2022. In general, imports, however, showed a dramatic slump.
| Import of Titanium; Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 277 | 19.2 | 2.1 | 7.1 | -70.5% |
| New Caledonia | N/A | N/A | N/A | 1.3 | 0% |
| United Kingdom | 262 | 68.0 | 11.6 | N/A | -79.0% |
| India | 39.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.6 | 1.1 | N/A | -31.3% |
| Total | 578 | 88.9 | 14.8 | 8.5 | -75.5% |
Top Suppliers of Titanium; Waste and Scrap to Australia in 2022:
- United States (2.5 tons)
- New Caledonia (0.8 tons)
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