Key Market Indicators
Russian titanium imports are expected to reach $136 million by 2026, up from $106 million in 2021. This represents a compound annual growth rate of 4.2%. Since 2001, Russian demand for titanium has increased by 30.2% each year. In 2021, Russia ranked fifth, with Italy taking the lead at $106 million. France, the United Kingdom and Italy ranked second, third and fourth respectively. Russian titanium exports are projected to reach 14 million kilograms by 2026, up from 13 million kilograms in 2021. This represents a compound annual growth rate of 1.3%. Since 2001, Russian titanium supply has decreased by 0.1% each year. In 2021, Russia ranked fifth, with Germany at 13 million kilograms. The United States, Kazakhstan and Germany respectively placed second, third and fourth.