Analysis on the Import and Export Data of Titanium Products of June 2023
Titanium Ore
According to customs data, China imported 412,600 tons of titanium ore in June 2023, with an average price of $322.45/ton, showing a year-on-year increase of 18.22% and a month-on-month decrease of 23%. The accumulated import volume of the titanium ore from January to June 2023 was 2,180,200 tons, a year-on-year increase of 25.57%, with an import volume increase of approximately 443,900 tons.
In June 2023, the top three countries for titanium ore imports were Mozambique, Norway, and Senegal, accounting for 47%, 13%, and 10% of total imports respectively.
Titanium Dioxide
According to customs data, China's titanium dioxide import volume in June 2023 was about 7084.5 tons, showing a month-on-month increase of 9.94%, and a year-on-year decrease of 44.31%. The accumulated import volume of titanium dioxide from January to June 2023 was about 32,200 tons, an decrease of 59.63% compared to the same period last year, with an decreased export volume of about 47,600 tons.
In June 2023, the top three countries for titanium ore imports were Mozambique, Vietnam, and Norway, accounting for 24%, 20%, and 18% of total imports respectively.
In June 2023, China's titanium dioxide export volume was about 125,600 tons, a month-on-month increase of 1.01%, and a year-on-year decrease of 13.16%. The accumulated export volume of titanium dioxide from January to June 2023 was about 836,200 tons, an increase of 12% compared to the same period last year, with an increased export volume of about 89,600 tons.
In June, the top three countries for titanium dioxide exports were India, Brazil, and Russia, accounting for 12%, 6%, and 6% of total exports respectively.
The average monthly import price of titanium dioxide in June was $3409.68/ton, showing a month-on-month decrease of 2.81%. The average monthly export price of titanium dioxide in June 2023 was $2251.67/ton, showing a month-on-month decrease of 0.91%.
Sponge Titanium
In June 2023, China imported 0 tons of sponge titanium, and the accumulated import volume of the sponge titanium from January to June was 110.91 tons, a year-on-year increase of 98.72%, with an decreased import volume of about 8553.3 tons.
In June 2023, China exported 333.5 tons of sponge titanium, showing a month-on-month decrease of 60.68% and a year-on-year increase of 99.01%. The accumulated export volume of the sponge titanium from January to June was 2,552 tons, a year-on-year increase of 178.66%, with an increased export volume of about 1636.18 tons.
The top three regions for sponge titanium exports in June 2023 were South Korea, Russia, and Netherlands, accounting for 49%, 23%, and 12% respectively.
