Titanium Market - Titanium Imports on the Decline in the Past Three Years

Other Mining And Quarrying November 23, 2016
Author: Maria Fadeeva
Market Analyst

titanium market

Photo: © miraclemoments / Bigstockphoto

The global titanium trade fluctuated over the period under review, with a slight downward trend in the last three years. Exports amounted to 753 million USD in 2015. Overall, there was an annual increase of +0.4% from 2007 to 2015.

According to IndexBox estimates, Japan remained the global leader in supplies of titanium. In 2015, Japan's titanium exports totaled 214 million USD, which accounted for a 28% share in terms of global exports. USA, Kazakhstan, Russia, and Ukraine were the other key global suppliers of titanium in 2015, with a 47% combined share of global exports.

USA (+5.8% per year) and Japan (+3.4% per year) were the fastest growing exporters on the titanium market from 2007 to 2015. USA strengthened its position in the global titanium export structure, growing its share from 14% in 2007 to 21% in 2015.

USA (32%, based on value terms), the UK (15%), France (14%), Malaysia (6%), and Germany (4%) were the leading destinations of titanium imports in 2015. Imports to Malaysia posted outstanding gains from 2007 to 2015. By contrast, Germany significantly contracted its imports of titanium over the same period. France's share in terms of global imports increased significantly (+12 percentage points), while the share of Germany illustrated negative dynamics (-6 percentage points).

Key Exporting Countries Of Titanium

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Source: World: Titanium - Market Report. Analysis And Forecast To 2020