China: Ferro-Titanium And Ferro-Silico-Titanium Market 2024

Ferro-Titanium And Ferro-Silico-Titanium Market Size in China

In 2022, the Chinese ferro-titanium and ferro-silico-titanium market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Ferro-Titanium And Ferro-Silico-Titanium Production in China

In value terms, ferro-titanium and ferro-silico-titanium production stood at $X in 2022 estimated in export price. Over the period under review, production, however, faced a dramatic decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Ferro-titanium and ferro-silico-titanium production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports from China

In 2022, exports of ferro-titanium and ferro-silico-titanium from China skyrocketed to X tons, with an increase of X% compared with 2021. In general, exports saw a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-titanium and ferro-silico-titanium exports soared to $X in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from China, accounting for a X% share of total exports. Moreover, ferro-titanium and ferro-silico-titanium exports to the Netherlands exceeded the volume sent to the second major destination, Canada (X tons), threefold. India (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and India (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for ferro-titanium and ferro-silico-titanium exports from China, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by South Korea, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and South Korea (X% per year).

Export Prices by Country

The average ferro-titanium and ferro-silico-titanium export price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Vietnam ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports into China

In 2022, supplies from abroad of ferro-titanium and ferro-silico-titanium decreased by X% to X tons, falling for the second year in a row after five years of growth. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-titanium and ferro-silico-titanium imports contracted notably to $X in 2022. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest ferro-titanium and ferro-silico-titanium supplier to China, accounting for a X% share of total imports. Moreover, ferro-titanium and ferro-silico-titanium imports from Russia exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and the United States (X% per year).

In value terms, Russia ($X) constituted the largest supplier of ferro-titanium and ferro-silico-titanium to China, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.

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

Import Prices by Country

The average ferro-titanium and ferro-silico-titanium import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded 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 remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform