According to the publisher's analysis, China needs to import a large amount of titanium ore every year because of its low reserves of high-quality titanium ore. In 2021, China's titanium ore import volume reached 3,796,800 tons, up 26.11% year-on-year, and the import value was US$1,185 million, up 84.19% year-on-year. In 2022, due to the impact of COVID-19 epidemic, China's titanium ore import volume decreased slightly, but the import value growth rate is higher. From January to October 2022, China imported 2,850,200 tons of titanium ore, down 5.80% year-on-year, with an import value of US$1.155 billion, up 25.95% year-on-year.
The publisher's analysis, 2018-2022, the average price of China's titanium ore imports gradually increased. In 2018, the average price of China's titanium ore imports was US$175.17 per ton. From January to October 2022, the average price of China's titanium ore imports has risen to US$405.17 per ton, an increase of 33.70% year-on-year.
In 2021, China imported titanium ore from a total of 29 countries. The publisher's analysis, by import volume, Mozambique, Vietnam, Kenya, Norway and Australia are the main sources of titanium ore imports into China. Among them, Mozambique is China's largest source of titanium ore imports. In 2021, China imported 1,463,300 tons of titanium ore from Mozambique, accounting for 38.54% of the total titanium ore imports in that year, and the import value of US$428 million, accounting for 36.11% of the total import value.
China's titanium ore resources are abundant, but mostly low in titanium content, so the demand for high-grade, high-quality titanium ore can only be met through imports. The publisher expects that the scale of China's titanium ore imports is expected to continue to grow from 2023-2032.
Topics covered:
- China's Titanium Ore Import Status and Major Sources in 2018-2022
- What is the Impact of COVID-19 on China's Titanium Ore Import?
- Which Companies are the Major Players in China's Titanium Ore Import Market and What are their Competitive Benchmarks?
- Key Drivers and Market Opportunities in China's Titanium Ore Import
- What are the Key Drivers, Challenges, and Opportunities for China's Titanium Ore Import during 2023-2032?
- What is the Expected Revenue of China's Titanium Ore Import during 2023-2032?
- What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
- What are the Competitive Advantages of the Major Players in China's Titanium Ore Import Market?
- Which Segment of China's Titanium Ore Import is Expected to Dominate the Market in 2032?
- What are the Major Adverse Factors Facing China's Titanium Ore Import?
Table of Contents
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
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2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
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