Report Update: Apr 1, 2024

Canada - Titanium Dioxide - Market Analysis, Forecast, Size, Trends And Insights

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Titanium Dioxide Price in Canada - 2023

Titanium Dioxide Price in Canada (CIF) - 2023

The average titanium dioxide import price stood at $3,488 per ton in September 2023, falling by -9.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 34% against the previous month. As a result, import price attained the peak level of $4,671 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,867 per ton), while the price for China ($2,297 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (-0.4%), while the prices for the other major suppliers experienced a decline.

Titanium Dioxide Price in Canada (FOB) - 2023

The average titanium dioxide export price stood at $2,408 per ton in September 2023, waning by -17.8% against the previous month. Over the period under review, the export price showed a mild decrease. The pace of growth was the most pronounced in February 2023 when the average export price increased by 24% against the previous month. Over the period under review, the average export prices attained the maximum at $3,203 per ton in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In September 2023, the highest price was recorded for prices to the United States ($2,551 per ton) and Belgium ($2,368 per ton), while the average price for exports to Singapore ($2,360 per ton) and Peru ($2,360 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.1%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Imports in Canada

In 2022, the amount of titanium dioxide imported into Canada fell rapidly to 9.6K tons, waning by -28.8% on 2021 figures. Overall, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 136% against the previous year. As a result, imports reached the peak of 14K tons, and then contracted significantly in the following year.

In value terms, titanium dioxide imports declined remarkably to $28M in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 219% against the previous year. As a result, imports attained the peak of $43M, and then declined notably in the following year.

Import of Titanium Dioxide in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2.9	5.5	29.0	19.2	87.8%
China	7.9	6.2	10.7	7.0	-4.0%
France	1.2	0.3	0.4	0.4	-30.7%
Others	2.6	1.5	2.6	1.4	-18.6%
Total	14.5	13.4	42.7	28.0	24.5%

Top Suppliers of Titanium Dioxide to Canada in 2022:

United States (6.5K tons)
China (2.5K tons)
France (0.3K tons)

Titanium Dioxide Exports in Canada

In 2022, approx. 9.1K tons of titanium dioxide were exported from Canada; shrinking by -18.3% on 2021 figures. Overall, total exports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports attained the peak of 11K tons, and then contracted remarkably in the following year.

In value terms, titanium dioxide exports dropped rapidly to $25M in 2022. In general, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of $30M, and then dropped remarkably in the following year.

Export of Titanium Dioxide in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	19.2	7.6	12.9	11.2	-16.4%
Germany	5.9	6.9	11.3	9.6	17.6%
Belgium	N/A	N/A	2.3	1.9	-17.4%
Brazil	1.1	1.5	1.6	1.3	5.7%
India	0.9	1.1	0.3	0.7	-8.0%
Myanmar	N/A	1.7	N/A	N/A	0%
Others	0.7	2.0	1.6	0.6	-5.0%
Total	27.9	20.8	30.0	25.4	-3.1%

Top Export Markets for Titanium Dioxide from Canada in 2022:

Germany (3.9K tons)
United States (3.6K tons)
Belgium (0.8K tons)
Brazil (0.4K tons)
India (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the titanium dioxide market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20121150 - Titanium oxides

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023