Key Market Indicators
Canadian demand for titanium is projected to reach $11.5 million by 2026. Since 1994, the demand has decreased by 1.5% each year on average. Canada was ranked 16th in 2021; Spain came in first place at $11.5 million. France, the United Kingdom and Italy followed in second, third and fourth place, respectively. Meanwhile, Canada's titanium exports are expected to reach 7.6 million kilograms by 2026. This is an increase of 3.6% year-on-year from 2021. Since 1994, the annual supply has risen by 11.2%. In 2021, Canada ranked 10th; Estonia held the top spot at 6.1 million kilograms. The United States, Kazakhstan and Germany came in second, third and fourth place, respectively.
