Africa: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Africa

In 2022, the African titanium ore and concentrate market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a deep setback. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Titanium Ores and Concentrates in Africa

In value terms, titanium ore and concentrate production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Titanium Ores and Concentrates

Exports in Africa

Titanium ore and concentrate exports reached X tons in 2022, increasing by X% on 2021 figures. Total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, titanium ore and concentrate exports soared to $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Mozambique represented the largest exporter of titanium ores and concentrates in Africa, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. South Africa (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Madagascar (X%), Senegal (X%), Kenya (X%) and Sierra Leone (X%).

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Mozambique ($X) and Sierra Leone ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Kenya, Senegal and Madagascar lagged somewhat behind, together comprising a further X%.

Kenya, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.

Imports of Titanium Ores and Concentrates

Imports in Africa

In 2022, approx. X tons of titanium ores and concentrates were imported in Africa; with a decrease of X% compared with the previous year. Over the period under review, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, titanium ore and concentrate imports declined to $X in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Egypt represented the main importer of titanium ores and concentrates in Africa, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Morocco (X%) and Algeria (X%). The following importers - Tunisia (X tons) and Kenya (X tons) - each reached a X% share of total imports.

Imports into Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Algeria (X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%), Kenya (X%), Tunisia (X%) and South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Egypt, Algeria, Morocco, Kenya and Tunisia increased by X, X, X, X and X percentage points, respectively.

In value terms, Egypt ($X) constitutes the largest market for imported titanium ores and concentrates in Africa, comprising X% of total imports. The second position in the ranking was taken by Morocco ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

In Egypt, titanium ore and concentrate imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded strong growth. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :