Australia: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Australia

The Australian titanium ore and concentrate market soared to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a slight contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Titanium Ores and Concentrates in Australia

In value terms, titanium ore and concentrate production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Titanium ore and concentrate production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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 from Australia

In 2022, shipments abroad of titanium ores and concentrates was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, titanium ore and concentrate exports surged to $X in 2022. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), the UK (X tons) and the United States (X tons) were the main destinations of titanium ore and concentrate exports from Australia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), the United States ($X) and China ($X) constituted the largest markets for titanium ore and concentrate exported from Australia worldwide, with a combined X% share of total exports.

The UK, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average titanium ore and concentrate export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked at $X 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 ($X per ton), while the average price for exports to China ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Titanium Ores and Concentrates

Imports into Australia

In 2022, titanium ore and concentrate imports into Australia soared to X tons, rising by X% against the previous year's figure. Overall, imports, however, recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, titanium ore and concentrate imports skyrocketed to $X in 2022. In general, imports, however, showed a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of titanium ore and concentrate imports to Australia, together comprising X% of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of titanium ores and concentrates to Australia, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average titanium ore and concentrate import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :