Report Update Apr 1, 2024

Norway - Titanium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in Norway

For the third year in a row, the Norwegian titanium ore and concentrate market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Titanium Ores and Concentrates in Norway

In value terms, titanium ore and concentrate production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Titanium Ores and Concentrates

Exports from Norway

In 2022, the amount of titanium ores and concentrates exported from Norway shrank to X tons, waning by X% on the year before. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, titanium ore and concentrate exports skyrocketed to $X in 2022. Over the period under review, total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main destinations of titanium ore and concentrate exports from Norway, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for titanium ore and concentrate exported from Norway were China ($X), Germany ($X) and Belgium ($X), together accounting for X% of total exports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average titanium ore and concentrate export price amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, recorded a mild setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Imports of Titanium Ores and Concentrates

Imports into Norway

In 2022, titanium ore and concentrate imports into Norway fell significantly to X tons, waning by X% on the year before. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, titanium ore and concentrate imports surged to $X in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Senegal (X tons) was the main supplier of titanium ore and concentrate to Norway, with a approx. X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of volume from Senegal totaled X%.

In value terms, Senegal ($X) constituted the largest supplier of titanium ores and concentrates to Norway.

From 2013 to 2022, the average annual growth rate of value from Senegal amounted to X%.

Import Prices by Country

In 2022, the average titanium ore and concentrate import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Senegal.

From 2013 to 2022, the rate of growth in terms of prices for Senegal amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium ores and concentrates in the world?

The country with the largest volume of titanium ore and concentrate consumption was China, accounting for 52% of total volume. Moreover, titanium ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Canada, fourfold. The United States ranked third in terms of total consumption with a 4.7% share.

What are the largest producers of titanium ores and concentrates in the world?

The countries with the highest volumes of production in 2022 were China, Canada and Australia, with a combined 51% share of global production. Mozambique, South Africa, Norway, Ukraine, Madagascar, Senegal, Kenya, India, Sierra Leone and South Korea lagged somewhat behind, together accounting for a further 43%. Moreover, titanium ore and concentrate production in China exceeded the figures recorded by the world's second-largest producer, Canada, twofold.

What are the leading suppliers of titanium ores and concentrates to Norway?

In value terms, Senegal constituted the largest supplier of titanium ores and concentrates to Norway.

What are the leading importers of titanium ores and concentrates from Norway?

In value terms, the largest markets for titanium ore and concentrate exported from Norway were China, Germany and Belgium, with a combined 53% share of total exports.

What is the average export price for titanium ores and concentrates in Norway?

In 2022, the average titanium ore and concentrate export price amounted to $404 per ton, surging by 38% against the previous year.

What is the average import price for titanium ores and concentrates in Norway?

In 2022, the average titanium ore and concentrate import price amounted to $351 per ton, growing by 48% against the previous year.

This report provides an in-depth analysis of the market for titanium ore and concentrate in Norway. 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:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023