Report Update Apr 1, 2024

Serbia - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: Titanium Market 2024

Titanium Market Size in Serbia

For the seventh consecutive year, the Serbian titanium market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, showed a dramatic curtailment. Titanium consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Titanium Production in Serbia

In value terms, titanium production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Titanium Exports

Exports from Serbia

In 2022, the amount of titanium sponge, powders, ingots and slabs exported from Serbia fell sharply to X kg, which is down by X% against the year before. In general, exports faced a dramatic downturn. The exports peaked at X kg in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, titanium exports reduced notably to $X in 2022. Over the period under review, exports faced a dramatic curtailment. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X kg) was the main destination for titanium exports from Serbia, with a approx. X% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Luxembourg was relatively modest.

In value terms, Luxembourg ($X) emerged as the key foreign market for titanium sponge, powders, ingots and slabs exports from Serbia.

From 2014 to 2022, the average annual rate of growth in terms of value to Luxembourg was relatively modest.

Export Prices by Country

The average titanium export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Titanium Imports

Imports into Serbia

In 2022, the amount of titanium sponge, powders, ingots and slabs imported into Serbia soared to X kg, jumping by X% against 2021 figures. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X kg in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, titanium imports soared to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X kg) was the main titanium supplier to Serbia, with a X% share of total imports. Moreover, titanium imports from China exceeded the figures recorded by the second-largest supplier, the UK (X kg), more than tenfold.

From 2013 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of titanium sponge, powders, ingots and slabs to Serbia, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average titanium import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2013 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

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium sponge, powders, ingots and slabs in the world?

China remains the largest titanium consuming country worldwide, accounting for 20% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Russia ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of titanium sponge, powders, ingots and slabs in the world?

China remains the largest titanium producing country worldwide, accounting for 18% of total volume. Moreover, titanium production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. Russia ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of titanium sponge, powders, ingots and slabs to Serbia?

In value terms, China constituted the largest supplier of titanium sponge, powders, ingots and slabs to Serbia, comprising 80% of total imports. The second position in the ranking was held by the UK, with a 19% share of total imports.

What are the leading importers of titanium sponge, powders, ingots and slabs from Serbia?

In value terms, Luxembourg $4) emerged as the key foreign market for titanium sponge, powders, ingots and slabs exports from Serbia.

What is the average export price for titanium sponge, powders, ingots and slabs in Serbia?

In 2022, the average titanium export price amounted to $4,000 per ton, flattening at the previous year.

What is the average import price for titanium sponge, powders, ingots and slabs in Serbia?

The average titanium import price stood at $56,590 per ton in 2022, growing by 25% against the previous year.

This report provides an in-depth analysis of the titanium market in Serbia. 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:

Serbia

Data coverage:

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
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