Price for Titanium; Waste and Scrap in Hungary - 2023
Contents:
- Price for Titanium; Waste and Scrap in Hungary (FOB) - 2022
- Exports of Titanium; Waste and Scrap in Hungary
Price for Titanium; Waste and Scrap in Hungary (FOB) - 2022
In 2022, the average titanium; waste and scrap export price amounted to $3,093 per ton, picking up by 32% against the previous year. In general, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 62%. The export price peaked at $4,550 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($4,547 per ton), while the average price for exports to the Netherlands ($2,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.4%), while the prices for the other major destinations experienced a decline.
Exports of Titanium; Waste and Scrap in Hungary
In 2022, exports of titanium; waste and scraps from Hungary rose slightly to 15 tons, picking up by 2.1% compared with 2021 figures. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 302% against the previous year. As a result, the exports attained the peak of 32 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, titanium; waste and scrap exports skyrocketed to $46K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 417%. As a result, the exports attained the peak of $106K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Titanium; Waste and Scrap in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 25.7 | 16.2 | 28.1 | 4.6% |
| Germany | 20.6 | 74.5 | 16.8 | 14.3 | -11.5% |
| Poland | N/A | N/A | N/A | 1.4 | 0% |
| Slovenia | N/A | N/A | N/A | 0.9 | 0% |
| Netherlands | N/A | 6.2 | N/A | 0.7 | -66.4% |
| Others | N/A | N/A | 1.0 | 0.4 | -60.0% |
| Total | 20.6 | 106 | 33.9 | 45.8 | 30.5% |
Top Export Markets for Titanium; Waste and Scrap from Hungary in 2022:
- Italy (9.0 tons)
- Germany (4.6 tons)
- Slovenia (0.5 tons)
- Netherlands (0.4 tons)
- Poland (0.3 tons)
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