Key Market Indicators
The import of titanium into Ecuador is predicted to increase over the next five years. Currently, it stands at $21,330. This figure is estimated to climb to around $24,000 by 2026, growing at an average of 2% each year. Since 2008, the demand for titanium in Ecuador has been steadily decreasing, at a rate of 2% per year. In 2021, Ecuador ranked 62nd out of the countries importing titanium, with Argentina coming in first with $21,330. France, the United Kingdom and Italy placed second, third and fourth respectively.