Price for Titanium; Waste and Scrap in Thailand - 2023
Contents:
- Price for Titanium; Waste and Scrap in Thailand (FOB) - 2022
- Exports of Titanium; Waste and Scrap in Thailand
Price for Titanium; Waste and Scrap in Thailand (FOB) - 2022
In 2022, the average titanium; waste and scrap export price amounted to $4,030 per ton, jumping by 66% against the previous year. In general, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 139% against the previous year. The export price peaked at $4,496 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($8,035 per ton), while the average price for exports to Taiwan (Chinese) ($1,622 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 India (+709.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Titanium; Waste and Scrap in Thailand
In 2022, approx. 247 tons of titanium; waste and scraps were exported from Thailand; rising by 37% compared with the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,269%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, titanium; waste and scrap exports skyrocketed to $997K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,177% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Titanium; Waste and Scrap in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 119 | 456 | 283.2% |
| Belgium | N/A | 13.4 | N/A | 221 | 306.1% |
| Singapore | 53.2 | N/A | 209 | 159 | 44.0% |
| India | N/A | N/A | 32.2 | 77.9 | 141.9% |
| Japan | 57.6 | N/A | 78.1 | 42.2 | -9.9% |
| Taiwan (Chinese) | 5.0 | N/A | N/A | 41.6 | 102.6% |
| Germany | 31.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 147 | 13.4 | 438 | 997 | 89.3% |
Top Export Markets for Titanium; Waste and Scrap from Thailand in 2022:
- South Korea (125.9 tons)
- Singapore (38.9 tons)
- Belgium (27.5 tons)
- Taiwan (Chinese) (25.7 tons)
- India (19.6 tons)
- Japan (9.9 tons)
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