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

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

In 2022, the Indian ferro-titanium and ferro-silico-titanium market increased by X% to $X, rising for the third year in a row after five years of decline. In general, consumption, however, continues to indicate a slight downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Ferro-Titanium And Ferro-Silico-Titanium Production in India

In value terms, ferro-titanium and ferro-silico-titanium production amounted to $X in 2022 estimated in export price. In general, production enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Ferro-titanium and ferro-silico-titanium production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports from India

In 2022, shipments 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. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, ferro-titanium and ferro-silico-titanium exports surged to $X in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons), South Korea (X tons) and Spain (X tons) were the main destinations of ferro-titanium and ferro-silico-titanium exports from India, with a combined X% share of total exports.

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

In value terms, the largest markets for ferro-titanium and ferro-silico-titanium exported from India were Japan ($X), South Korea ($X) and Spain ($X), with a combined X% share of total exports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ferro-titanium and ferro-silico-titanium export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the Netherlands ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports into India

In 2022, approx. X tons of ferro-titanium and ferro-silico-titanium were imported into India; which is down by X% against 2021. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, ferro-titanium and ferro-silico-titanium imports shrank rapidly to $X in 2022. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest ferro-titanium and ferro-silico-titanium supplier to India, with a X% share of total imports. Moreover, ferro-titanium and ferro-silico-titanium imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), fourfold. The third position in this ranking was held by Estonia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Estonia (X% per year).

In value terms, the largest ferro-titanium and ferro-silico-titanium suppliers to India were China ($X), Singapore ($X) and Estonia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ferro-titanium and ferro-silico-titanium import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform