
CIS - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights
CIS: Titanium Market 2023
Titanium Market Size in CIS
The CIS titanium market reduced to $X in 2022, falling by -13.1% against the previous year. Over the period under review, consumption showed a perceptible contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Titanium Production in CIS
In value terms, titanium production shrank to $X in 2022 estimated in export price. In general, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 31% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Titanium Exports
Exports in CIS
In 2022, the amount of titanium sponge, powders, ingots and slabs exported in the CIS reduced to X tons, waning by -11.9% on the year before. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, titanium exports declined rapidly to $X in 2022. Over the period under review, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Kazakhstan was the largest exporter of titanium sponge, powders, ingots and slabs in the CIS, with the volume of exports resulting at X tons, which was approx. 73% of total exports in 2022. It was distantly followed by Russia (X tons), achieving a 27% share of total exports.
Kazakhstan was also the fastest-growing in terms of the titanium sponge, powders, ingots and slabs exports, with a CAGR of -3.7% from 2012 to 2022. Russia (-4.3%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) remains the largest titanium supplier in the CIS, comprising 78% of total exports. The second position in the ranking was taken by Russia ($X), with a 22% share of total exports.
In Kazakhstan, titanium exports contracted by an average annual rate of -3.2% over the period from 2012-2022.
Export Prices by Country
The export price in the CIS stood at $X per ton in 2022, falling by -4.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.5%).
Titanium Imports
Imports in CIS
In 2022, after three years of decline, there was significant growth in supplies from abroad of titanium sponge, powders, ingots and slabs, when their volume increased by 8.7% to X tons. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 686% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, titanium imports rose significantly to $X in 2022. Over the period under review, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of 527% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
The countries with the highest levels of titanium imports in 2022 were Russia (X tons), together accounting for 99% of total import.
Russia was also the fastest-growing in terms of the titanium sponge, powders, ingots and slabs imports, with a CAGR of -6.5% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, Russia ($X) constitutes the largest market for imported titanium sponge, powders, ingots and slabs in the CIS.
In Russia, titanium imports plunged by an average annual rate of -8.7% over the period from 2012-2022.
Import Prices by Country
In 2022, the import price in the CIS amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 when the import price increased by 7.2% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.4% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the titanium market in CIS. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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