Report Asia-Pacific - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 24, 2023

Asia-Pacific - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Titanium Market 2023

Titanium Market Size in Asia-Pacific

After two years of growth, the Asia-Pacific titanium market decreased by -8.9% to $X in 2021. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Titanium Production in Asia-Pacific

In value terms, titanium production dropped to $X in 2021 estimated in export price. In general, production recorded a slight contraction. The pace of growth was the most pronounced in 2020 when the production volume increased by 23%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Titanium Exports

Exports in Asia-Pacific

In 2021, the amount of titanium sponge, powders, ingots and slabs exported in Asia-Pacific skyrocketed to X tons, rising by 30% on 2020 figures. Over the period under review, exports, however, saw a perceptible descent. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, titanium exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Japan dominates exports structure, recording X tons, which was near 93% of total exports in 2021. It was distantly followed by China (X tons), generating a 4.9% share of total exports.

Japan was also the fastest-growing in terms of the titanium sponge, powders, ingots and slabs exports, with a CAGR of -1.6% from 2012 to 2021. China (-13.5%) illustrated a downward trend over the same period. Japan (+23 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -6.6% from 2012 to 2021, respectively.

In value terms, Japan ($X) remains the largest titanium supplier in Asia-Pacific, comprising 94% of total exports. The second position in the ranking was taken by China ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Japan totaled -3.5%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, rising by 11% against the previous year. Over the period under review, the export price, however, showed a slight setback. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Japan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.9%).

Titanium Imports

Imports in Asia-Pacific

In 2021, approx. X tons of titanium sponge, powders, ingots and slabs were imported in Asia-Pacific; with an increase of 48% against the year before. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 57%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, titanium imports surged to $X in 2021. Over the period under review, imports, however, recorded a mild decrease. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China was the main importing country with an import of about X tons, which recorded 53% of total imports. It was distantly followed by South Korea (X tons), creating a 34% share of total imports. The following importers - Taiwan (Chinese) (X tons), India (X tons) and Thailand (X tons) - together made up 9.4% of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +59.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Asia-Pacific, comprising 58% of total imports. The second position in the ranking was taken by South Korea ($X), with a 28% share of total imports. It was followed by Taiwan (Chinese), with a 5.7% share.

In China, titanium imports expanded at an average annual rate of +40.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (-8.1% per year) and Taiwan (Chinese) (+8.0% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, picking up by 6.5% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the import price increased by 38% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium sponge, powders, ingots and slabs in Asia-Pacific?
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China constituted the country with the largest volume of titanium consumption, comprising approx. 52% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold. The third position in this ranking was held by South Korea, with a 6.5% share.
What are the largest producers of titanium sponge, powders, ingots and slabs in Asia-Pacific?
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The countries with the highest volumes of production in 2021 were China, Japan and the Philippines, with a combined 74% share of total production. Vietnam, Thailand, Australia, Malaysia, South Korea, Myanmar and Sri Lanka lagged somewhat behind, together accounting for a further 21%.
What are the leading suppliers of titanium sponge, powders, ingots and slabs in Asia-Pacific?
+
In value terms, Japan remains the largest titanium supplier in Asia-Pacific, comprising 94% of total exports. The second position in the ranking was taken by China, with a 5% share of total exports.
What are the leading importers of titanium sponge, powders, ingots and slabs in Asia-Pacific?
+
In value terms, China constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Asia-Pacific, comprising 58% of total imports. The second position in the ranking was taken by South Korea, with a 28% share of total imports. It was followed by Taiwan Chinese), with a 5.7% share.
What is the average export price for titanium sponge, powders, ingots and slabs in Asia-Pacific?
+
In 2021, the export price in Asia-Pacific amounted to $10,237 per ton, growing by 11% against the previous year.
What is the average import price for titanium sponge, powders, ingots and slabs in Asia-Pacific?
+
The import price in Asia-Pacific stood at $10,180 per ton in 2021, with an increase of 6.5% against the previous year.

This report provides an in-depth analysis of the titanium market in Asia-Pacific. 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:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Vietnam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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