Eastern Europe: Ferro-Titanium And Ferro-Silico-Titanium Market 2024

Ferro-Titanium And Ferro-Silico-Titanium Market Size in Eastern Europe

The East European ferro-titanium and ferro-silico-titanium market declined to $X in 2023, shrinking by X% against the previous year. Overall, consumption recorded a noticeable curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Ferro-Titanium And Ferro-Silico-Titanium Production in Eastern Europe

In value terms, ferro-titanium and ferro-silico-titanium production expanded markedly to $X in 2023 estimated in export price. In general, production, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports in Eastern Europe

Ferro-titanium and ferro-silico-titanium exports skyrocketed to X tons in 2023, surging by X% against the previous year. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, ferro-titanium and ferro-silico-titanium exports surged to $X in 2023. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

Russia represented the largest exporting country with an export of about X tons, which recorded X% of total exports. Estonia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Latvia (X%), Poland (X%) and Ukraine (X%).

From 2012 to 2023, average annual rates of growth with regard to ferro-titanium and ferro-silico-titanium exports from Russia stood at X%. At the same time, Latvia (X%), Poland (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Ukraine experienced a relatively flat trend pattern. Estonia (X p.p.), Latvia (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Ukraine and Russia saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Russia ($X) remains the largest ferro-titanium and ferro-silico-titanium supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Estonia (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2022, and then reduced rapidly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Poland ($X per ton) and Russia ($X per ton), while Ukraine ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced a decline in the export price figures.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports in Eastern Europe

In 2023, purchases abroad of ferro-titanium and ferro-silico-titanium increased by X% to X tons, rising for the fourth consecutive year after five years of decline. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are likely to see gradual growth in years to come.

In value terms, ferro-titanium and ferro-silico-titanium imports soared to $X in 2023. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in years to come.

Imports by Country

Latvia (X tons) and Estonia (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Poland (X tons) and Romania (X tons), together comprising a X% share of total imports. The following importers - Slovakia (X tons) and Bulgaria (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-titanium and ferro-silico-titanium importing markets in Eastern Europe were Latvia ($X), Estonia ($X) and Poland ($X), with a combined X% share of total imports.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, waning by X% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Romania ($X per ton) and Bulgaria ($X per ton), while Latvia ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform