Price for Titanium; Waste and Scrap in Austria - 2023
Contents:
- Price for Titanium; Waste and Scrap in Austria (FOB) - 2023
- Price for Titanium; Waste and Scrap in Austria (CIF) - 2022
- Exports of Titanium; Waste and Scrap in Austria
- Imports of Titanium; Waste and Scrap in Austria
Price for Titanium; Waste and Scrap in Austria (FOB) - 2023
In June 2023, the average titanium; waste and scrap export price amounted to $4,613 per ton, dropping by -19.3% against the previous month. In general, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, titanium; waste and scrap export price decreased by -19.7% against March 2023 indices. The pace of growth was the most pronounced in November 2022 an increase of 79% month-to-month. As a result, the export price reached the peak level of $8,978 per ton. From December 2022 to June 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +2.9% per month.
Price for Titanium; Waste and Scrap in Austria (CIF) - 2022
The average titanium; waste and scrap import price stood at $7,721 per ton in 2022, surging by 20% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 66% against the previous year. The import price peaked at $8,084 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($9,124 per ton), while the price for France ($4,878 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Titanium; Waste and Scrap in Austria
In 2022, approx. 439 tons of titanium; waste and scraps were exported from Austria; dropping by -19.4% on 2021 figures. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year.
In value terms, titanium; waste and scrap exports surged to $3.8M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 179% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Titanium; Waste and Scrap in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.1 | 1.0 | 2.6 | 3.1 | 13.9% |
| United Kingdom | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Sweden | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 2.1 | 1.0 | 2.7 | 3.8 | 21.9% |
Top Export Markets for Titanium; Waste and Scrap from Austria in 2022:
- Germany (410.5 tons)
- United Kingdom (11.1 tons)
- Sweden (9.5 tons)
Imports of Titanium; Waste and Scrap in Austria
In 2022, approx. 295 tons of titanium; waste and scraps were imported into Austria; jumping by 109% on the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, titanium; waste and scrap imports soared to $2.3M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Titanium; Waste and Scrap in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 454 | 803 | 657 | 1,723 | 56.0% |
| United States | N/A | N/A | N/A | 339 | 0% |
| France | N/A | N/A | N/A | 162 | 0% |
| Switzerland | 116 | 38.9 | 97.6 | 43.5 | -27.9% |
| United Kingdom | 327 | N/A | 151 | N/A | -32.0% |
| Others | 0.6 | 0.3 | 1.2 | 13.1 | 179.5% |
| Total | 897 | 843 | 907 | 2,280 | 36.5% |
Top Suppliers of Titanium; Waste and Scrap to Austria in 2022:
- Germany (188.8 tons)
- United States (61.3 tons)
- France (33.2 tons)
- Switzerland (7.0 tons)
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