Report Update Apr 1, 2024

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

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Puerto Rico: Market for Titanium Ores and Concentrates 2024

Exports of Titanium Ores and Concentrates

Exports by Country

The shipments of the five major exporters of titanium ores and concentrates, namely Norway, South Africa, Mozambique, Ukraine and Vietnam, represented more than half of total export. Canada (X tons) held a 4.7% share (based on physical terms) of total exports, which put it in second place, followed by Senegal (4.5%). The Netherlands (X tons), India (X tons), Sierra Leone (X tons), Madagascar (X tons), Belgium (X tons) and Australia (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Senegal (with a CAGR of +35.1%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Mozambique ($X) and Norway ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 34% of total exports. These countries were followed by Sierra Leone, Vietnam, Ukraine, Senegal, the Netherlands, Canada, Madagascar, Belgium, India and Australia, which together accounted for a further 51%.

Senegal, with a CAGR of +35.4%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Imports of Titanium Ores and Concentrates

Imports by Country

China was the major importer of titanium ores and concentrates in the world, with the volume of imports recording X tons, which was approx. 46% of total imports in 2021. The United States (X tons) took the second position in the ranking, followed by Germany (X tons). All these countries together held approx. 18% share of total imports. Canada (X tons), Norway (X tons), Japan (X tons), the Netherlands (X tons), Belgium (X tons), Saudi Arabia (X tons), Russia (X tons) and the UK (X tons) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to titanium ore and concentrate imports into China stood at +3.1%. At the same time, Norway (+38.0%), Russia (+4.9%), the Netherlands (+3.8%), the UK (+2.8%), the United States (+2.7%) and Canada (+2.0%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in the world, with a CAGR of +38.0% from 2012-2021. By contrast, Saudi Arabia (-3.5%), Germany (-3.5%), Belgium (-5.5%) and Japan (-10.2%) illustrated a downward trend over the same period. China (+11 p.p.), Norway (+4 p.p.) and the United States (+2.6 p.p.) significantly strengthened its position in terms of the global imports, while Belgium, Germany and Japan saw its share reduced by -1.7%, -2.4% and -5.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported titanium ores and concentrates into Puerto Rico, comprising 33% of global imports. The second position in the ranking was taken by the United States ($X), with a 12% share of global imports. It was followed by Germany, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +1.8%. In the other countries, the average annual rates were as follows: the United States (-3.2% per year) and Germany (-5.0% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of titanium ore and concentrate consumption, accounting for 46% 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 6% share.

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

The countries with the highest volumes of production in 2021 were China, Canada and Mozambique, together accounting for 53% of global production. South Africa, Australia, Vietnam, Ukraine, Norway, Senegal, Madagascar, Kenya, India and South Korea lagged somewhat behind, together accounting for a further 42%. 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 Puerto Rico?

In value terms, China constitutes the largest market for imported titanium ores and concentrates into Puerto Rico, comprising 33% of global imports. The second position in the ranking was held by the United States, with a 12% share of global imports. It was followed by Germany, with a 6.9% share.

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

In value terms, the largest titanium ore and concentrate supplying countries from Puerto Rico were South Africa, Mozambique and Norway, together accounting for 34% of total exports. Sierra Leone, Vietnam, Ukraine, Senegal, the Netherlands, Canada, Madagascar, Belgium, India and Australia lagged somewhat behind, together comprising a further 51%.

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

Puerto Rico

Data coverage:

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

Reasons to buy this report:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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