Poland: Titanium Market 2024

Titanium Market Size in Poland

The Polish titanium market shrank to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Titanium Production in Poland

In value terms, titanium production expanded to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Titanium Exports

Exports from Poland

In 2022, shipments abroad of titanium sponge, powders, ingots and slabs increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, titanium exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for titanium exports from Poland, with a X% share of total exports. Moreover, titanium exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. South Africa (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X.6% per year) and South Africa (X% per year).

In value terms, the largest markets for titanium exported from Poland were the United States ($X), South Africa ($X) and Italy ($X), together comprising X% of total exports. The Netherlands, Germany, the Czech Republic and France lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X.4%, 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 titanium export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United States ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Titanium Imports

Imports into Poland

In 2022, titanium imports into Poland rose markedly to X tons, increasing by X% against the previous year's figure. Over the period under review, imports posted resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, titanium imports surged to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Ukraine (X tons), Spain (X tons) and the United Arab Emirates (X tons) were the main suppliers of titanium imports to Poland, together accounting for X% of total imports. China, the Netherlands and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest titanium suppliers to Poland were Spain ($X), Ukraine ($X) and China ($X), together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of 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

The average titanium import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price 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, titanium import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($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

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