Report MENA - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights for 499$
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MENA - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights
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MENA: Titanium Market 2023

Titanium Market Size in MENA

In 2021, after three years of growth, there was decline in the MENA's titanium market, when its value decreased by -3.7% to $X. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then shrank slightly in the following year.

Titanium Production in MENA

In value terms, titanium production shrank to $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +72.8% against 2014 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 22% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Titanium Exports

Exports in MENA

In 2021, shipments abroad of titanium sponge, powders, ingots and slabs increased by 133% to X tons, rising for the fourth year in a row after two years of decline. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 324% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, titanium exports surged to $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 336%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Saudi Arabia (X tons), together reaching 100% of total export.

Saudi Arabia was also the fastest-growing in terms of the titanium sponge, powders, ingots and slabs exports, with a CAGR of +91.6% from 2012 to 2021. From 2012 to 2021, the share of Saudi Arabia increased by +70 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) also remains the largest titanium supplier in MENA.

In Saudi Arabia, titanium exports increased at an average annual rate of +64.3% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, declining by -38% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 229%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -14.3% per year.

Titanium Imports

Imports in MENA

In 2021, overseas purchases of titanium sponge, powders, ingots and slabs were finally on the rise to reach X tons after four years of decline. Overall, imports, however, saw a deep reduction. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, titanium imports dropped to $X in 2021. Over the period under review, imports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2016 when imports increased by 151% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Qatar represented the main importer of titanium sponge, powders, ingots and slabs in MENA, with the volume of imports amounting to X tons, which was approx. 69% of total imports in 2021. It was distantly followed by Bahrain (X tons), mixing up a 15% share of total imports. Turkey (X tons), Saudi Arabia (X tons), Iran (X tons) and Tunisia (X tons) held a minor share of total imports.

Imports into Qatar decreased at an average annual rate of -8.2% from 2012 to 2021. At the same time, Tunisia (+16.5%), Iran (+14.9%) and Saudi Arabia (+6.7%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in MENA, with a CAGR of +16.5% from 2012-2021. Turkey experienced a relatively flat trend pattern. By contrast, Bahrain (-11.7%) illustrated a downward trend over the same period. While the share of Qatar (+30 p.p.), Turkey (+3 p.p.), Bahrain (+2.9 p.p.), Saudi Arabia (+2.4 p.p.), Iran (+1.9 p.p.) and Tunisia (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Qatar ($X) constitutes the largest market for imported titanium sponge, powders, ingots and slabs in MENA, comprising 41% of total imports. The second position in the ranking was held by Turkey ($X), with a 12% share of total imports. It was followed by Bahrain, with a 10% share.

In Qatar, titanium imports decreased by an average annual rate of -13.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+7.5% per year) and Bahrain (-13.2% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, waning by -49.3% against the previous year. Over the period under review, the import price, however, recorded modest growth. The pace of growth was the most pronounced in 2016 when the import price increased by 51% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium sponge, powders, ingots and slabs in MENA?
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The countries with the highest volumes of consumption in 2021 were Turkey, Saudi Arabia and Iraq, with a combined 53% share of total consumption. These countries were followed by Algeria, Syrian Arab Republic, Morocco, Tunisia and Jordan, which together accounted for a further 38%.
What are the largest producers of titanium sponge, powders, ingots and slabs in MENA?
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The countries with the highest volumes of production in 2021 were Turkey, Saudi Arabia and Iraq, with a combined 55% share of total production.
What are the leading exporters of titanium sponge, powders, ingots and slabs in MENA?
+
In value terms, Saudi Arabia remains the largest titanium supplier in MENA.
What are the leading importers of titanium sponge, powders, ingots and slabs in MENA?
+
In value terms, Qatar constitutes the largest market for imported titanium sponge, powders, ingots and slabs in MENA, comprising 41% of total imports. The second position in the ranking was held by Turkey, with a 12% share of total imports. It was followed by Bahrain, with a 10% share.
What is the average export price for titanium sponge, powders, ingots and slabs in MENA?
+
In 2021, the export price in MENA amounted to $18,956 per ton, reducing by -38% against the previous year.
What is the average import price for titanium sponge, powders, ingots and slabs in MENA?
+
In 2021, the import price in MENA amounted to $8,328 per ton, with a decrease of -49.3% against the previous year.

This report provides an in-depth analysis of the titanium market in MENA. 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.


Product coverage:
Country coverage:
• Bahrain
• Djibouti
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Tunisia
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in MENA, split by region and country
• Trade (exports and imports) in MENA
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Bahrain
• Djibouti
• Egypt
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Libya
• Morocco
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Tunisia
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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