China Titanium Market Review and Outlook to 2024!
Titanium Market Review 2024
In 2024, the demand for titanium products is projected to rise as the global economy gradually recovers, particularly in the aerospace, automobile manufacturing, and industrial equipment sectors.
The availability of titanium ore, the primary raw material for titanium products, may impact the cost of production. The tight supply of titanium ore, particularly from major producing regions like Australia and South Africa, may result in price increases. Geopolitical tensions, such as the conflict between Russia and Ukraine and trade tensions between the United States and China, could directly impact the production, transportation, and trade of titanium products worldwide, potentially leading to market instability.
Titanium
China Import Statistics (January-November) 2024
| Classification | Import (Tons) | Year-on-year Growth | Year-on-year Decline |
| Titanium Concentrate | 4.504 million | 15.87% |
- |
|
Titanium Plate/ Sheet, Strip (Thickness ≤ 0.8mm) |
991 | - |
46.51% |
|
Titanium Plate/ Sheet, Strip (Thickness＞0.8mm) |
1008 | - |
3.8% |
| Titanium Tube | 331 | - |
36.26% |
| Unwrought Titanium | 201.4 |
78.02% |
- |
| Titanium Bars, Rods | 3207 |
40.65% |
- |
| Other Titanium Products | 698 | - |
7.86% |
| Titanium Dioxide | 84,700 |
15.51% |
- |
China Export Statistics (January-November) 2024
| Classification | Export | Year-on-year Growth | Year-on-year Decline |
| Titanium Sponge | 5242 | - |
4.32% |
|
Titanium Plate/ Sheet, Strip (Thickness ≤ 0.8mm) |
960 |
- |
5.93% |
|
Titanium Plate/ Sheet, Strip (Thickness＞0.8mm) |
9024 |
- |
4.29% |
| Titanium Tube |
3603 |
29.31% |
- |
| Unwrought Titanium |
1287.3 |
48.29% |
- |
| Titanium Bars, Rods |
9639 |
23.09% |
- |
| Titanium Wire |
1164.5 |
27.84% |
- |
| Other Titanium Products |
3772 |
22.87% |
- |
| Titanium Dioxide | 1.743 million |
16.34% |
- |
The above data is sourced from https://www.chinania.org.cn/html/hangyexinwen/guoneixinwen/2025/0107/57105.html
