Key Market Indicators
Austrian demand for titanium is expected to reach $5.5 million by 2026, with an annual growth of 2.8%. Since 1999, the country's demand has jumped by 32.3% each year. Austria was the 22nd largest consumer in 2021, with Switzerland in the lead at $4.7 million. France, the UK and Italy came in second, third and fourth, respectively. Austrian titanium exports are estimated to reach 2.1 million kilograms by 2026, increasing by 4.1% annually. Since 1999, Austrian supply has increased by 10.3% each year. Austria was the 18th largest exporter in 2021, while Poland took the lead at 1.7 million kilograms. The US, Kazakhstan and Germany were the second, third and fourth largest exporters, respectively.