Price for Titanium; Waste and Scrap in China - 2023
Contents:
- Price for Titanium; Waste and Scrap in China (FOB) - 2022
- Price for Titanium; Waste and Scrap in China (CIF) - 2022
- Exports of Titanium; Waste and Scrap in China
- Imports of Titanium; Waste and Scrap in China
Price for Titanium; Waste and Scrap in China (FOB) - 2022
The average titanium; waste and scrap export price stood at $8,441 per ton in 2022, with an increase of 8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $12,982 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($12,005 per ton), while the average price for exports to the UK ($3,978 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 Africa (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Titanium; Waste and Scrap in China (CIF) - 2022
In 2022, the average titanium; waste and scrap import price amounted to $2,571 per ton, falling by -19.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. The import price peaked at $3,892 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Japan ($4,635 per ton), while the price for Israel totaled $2,556 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.7%), while the prices for the other major suppliers experienced a decline.
Exports of Titanium; Waste and Scrap in China
In 2022, exports of titanium; waste and scraps from China skyrocketed to 457 tons, rising by 205% against 2021 figures. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,159% against the previous year. As a result, the exports attained the peak of 624 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, titanium; waste and scrap exports skyrocketed to $3.9M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 917%. As a result, the exports attained the peak of $6.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Titanium; Waste and Scrap in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 525 | 6,113 | 680 | 2,533 | 69.0% |
| Canada | 0.7 | N/A | N/A | 460 | 769.4% |
| United Kingdom | 86.2 | 202 | 88.1 | 377 | 63.5% |
| South Africa | N/A | 15.0 | N/A | 170 | 236.7% |
| Japan | 16.1 | 117 | 12.9 | 103 | 85.6% |
| Others | 15.4 | 102 | 393 | 218 | 141.9% |
| Total | 644 | 6,550 | 1,173 | 3,862 | 81.7% |
Top Export Markets for Titanium; Waste and Scrap from China in 2022:
- United States (255.8 tons)
- United Kingdom (94.8 tons)
- Canada (55.2 tons)
- Japan (17.6 tons)
- South Africa (14.2 tons)
Imports of Titanium; Waste and Scrap in China
In 2022, approx. 334 tons of titanium; waste and scraps were imported into China; with an increase of 20% on the previous year. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 152% against the previous year. As a result, imports attained the peak of 388 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, titanium; waste and scrap imports contracted slightly to $858K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year.
| Import of Titanium; Waste and Scrap in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 22.5 | 63.0 | 229 | 648 | 206.5% |
| Japan | 1.8 | 168 | 2.7 | 75.9 | 248.1% |
| South Korea | 41.0 | 42.2 | 305 | N/A | 172.7% |
| Taiwan (Chinese) | 186 | 454 | 228 | N/A | 10.7% |
| Estonia | N/A | N/A | 120 | N/A | 0% |
| Canada | 123 | N/A | N/A | N/A | 0% |
| Others | 19.3 | 94.2 | 8.2 | 134 | 90.8% |
| Total | 393 | 822 | 893 | 858 | 29.7% |
Top Suppliers of Titanium; Waste and Scrap to China in 2022:
- Israel (253.4 tons)
- Japan (16.4 tons)
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