CIS: Market for Titanium Ores and Concentrates 2024

Market Size for Titanium Ores and Concentrates in CIS

The CIS titanium ore and concentrate market reduced dramatically to $X in 2022, which is down by X% against the previous year. In general, consumption saw a perceptible shrinkage. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Titanium Ores and Concentrates in CIS

In value terms, titanium ore and concentrate production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Titanium Ores and Concentrates

Exports in CIS

In 2022, the amount of titanium ores and concentrates exported in the CIS surged to X tons, growing by X% compared with 2021. Over the period under review, exports, however, showed a precipitous shrinkage. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, titanium ore and concentrate exports skyrocketed to $X in 2022. Overall, exports, however, showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Kazakhstan (X tons) represented the key exporter of titanium ores and concentrates, committing X% of total exports. It was distantly followed by Uzbekistan (X tons), generating a X% share of total exports. The following exporters - Belarus (X tons) and Russia (X tons) - each reached a X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X.7%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X.7% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.), Uzbekistan (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) emerged as the largest titanium ore and concentrate supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Titanium Ores and Concentrates

Imports in CIS

In 2022, approx. X tons of titanium ores and concentrates were imported in the CIS; reducing by X% compared with 2021 figures. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, titanium ore and concentrate imports surged to $X in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan was the largest importer of titanium ores and concentrates in the CIS, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Russia (X tons), mixing up a X% share of total imports. Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest titanium ore and concentrate importing markets in the CIS were Kazakhstan ($X), Russia ($X) and Uzbekistan ($X), with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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