Eastern Europe: Titanium Market 2024

Titanium Market Size in Eastern Europe

The East European titanium market skyrocketed to $X in 2022, picking up by X% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Titanium Production in Eastern Europe

In value terms, titanium production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Titanium Exports

Exports in Eastern Europe

In 2022, overseas shipments of titanium sponge, powders, ingots and slabs decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, titanium exports contracted significantly to $X in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia was the main exporter of titanium sponge, powders, ingots and slabs in Eastern Europe, with the volume of exports recording X tons, which was near X% of total exports in 2022. Ukraine (X tons) held the second position in the ranking, distantly followed by Romania (X tons) and Poland (X tons). All these countries together took approx. X% share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), Romania (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ukraine (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest titanium supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ukraine (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Titanium Imports

Imports in Eastern Europe

In 2022, titanium imports in Eastern Europe shrank remarkably to X tons, falling by X% compared with 2021. Over the period under review, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, titanium imports contracted remarkably to $X in 2022. In general, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons), distantly followed by Estonia (X tons), Russia (X tons) and Romania (X tons) were the largest importers of titanium sponge, powders, ingots and slabs, together creating X% of total imports. Slovakia (X tons), Poland (X tons) and Ukraine (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constitutes the largest market for imported titanium sponge, powders, ingots and slabs in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Estonia ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

In the Czech Republic, titanium imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Estonia (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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