Titanium Ore and Concentrate Market

Titanium ore and concentrate market: get recently published information provided by an Ai-driven BI platform. Datasets provide production, companies, consumption, exports, imports, market prices, trade, and market size. There is a split by country, including the U.K., China, Africa, Russia, the Middle East, EU, Latin America, and the U.S. Market trends and forecast to 2030 are also featured in the snapshots.


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Titanium Ore and Concentrate - World's Largest Markets

RatingCountry
1China
2Canada
3Ukraine
4Mozambique
5Senegal

In value terms, China led the market, alone. The second position in the ranking was occupied by Canada. It was followed by Ukraine.

From 2018 to 2020, the average annual growth rate of value in China amounted to +6.0%. The remaining consuming countries recorded the following average annual rates of market growth: Canada (+15.8% per year) and Ukraine (-4.2% per year).

Titanium Ore and Concentrate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
South Korea55586811.2%
Norway331299286-7.0%
Madagascar791771348-33.7%
India567567351-21.3%
Kenya25365042444-58.2%
Australia4985235192.1%
Mozambique5685705720.4%
South Africa6496626711.7%
Belgium818882783-2.2%
United States7798539289.1%
Sierra Leone10201038129912.9%
Netherlands1199128213476.0%
Ukraine1299132313953.6%
Average576596531-3.9%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Ukraine ($1,395 per ton), while South Korea ($68 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Sierra Leone, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Saudi Arabia804838103813.6%
Belgium89210229885.2%
China1237721890-15.2%
Germany8199098230.2%
Canada12691411819-19.7%
United Kingdom7047808187.8%
Japan55372981221.2%
Netherlands797810654-9.4%
Mexico26634257446.9%
India612765487-10.8%
United States3774134023.3%
Russia369377344-3.4%
Malaysia452421320-15.9%
Average6506506973.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Saudi Arabia ($1,038 per ton), while Malaysia ($320 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Titanium Ore and Concentrate - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.50.50.68.5%
Japan0.20.30.39.1%
United States0.40.40.3-14.1%
Netherlands0.080.10.256.1%
Germany0.30.20.2-14.5%

In value terms, China ($643M) constitutes the largest market for imported titanium ores and concentrates worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Japan ($278M), with a 10% share of global imports. It was followed by the United States, with a 9.8% share.

In China, titanium ore and concentrate imports increased at an average annual rate of +8.5% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+9.1% per year) and the United States (-14.1% per year).

Titanium Ore and Concentrate - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
South Africa0.60.50.5-9.2%
Norway0.20.20.213.2%
Mozambique0.20.30.2-1.5%
Sierra Leone0.10.20.26.7%
Kenya0.20.10.21.7%

In value terms, South Africa ($486M) remains the largest titanium ore and concentrate supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by Norway ($220M), with a 11% share of global exports. It was followed by Mozambique, with a 9% share.

In South Africa, titanium ore and concentrate exports plunged by an average annual rate of -9.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (+13.2% per year) and Mozambique (-1.5% per year).

Titanium Ore and Concentrate - Market Forecast

Driven by rising demand for titanium ore and concentrate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Titanium Ore and Concentrate - Product Coverage

  • HS 2614 - Titanium ores and concentrates
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World - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for titanium ore and concentrate.

Southern Asia - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Southern Asia.

Latin America and the Caribbean - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Latin America and the Caribbean.

Australia and Oceania - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Australia and Oceania.

South-Eastern Asia - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in South-Eastern Asia.

Northern America - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Northern America.

Africa - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Africa.

Eastern Asia - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Eastern Asia.

Central Asia - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in Central Asia.

Middle East - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for titanium ore and concentrate in the Middle East.

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