Key Market Indicators
Latvia's titanium import is projected to reach $307,310 by 2026, up 3.4% year-on-year on average from 2021's $250,980. Since 1999, the demand for titanium in Latvia has declined by 8.3% annually. Latvia ranked 46th in 2021, with Bahrain coming in ahead with $250,980. France, the UK and Italy followed in second, third and fourth place respectively. Latvia's titanium export is forecast to reach 532,270 kilograms by 2026, rising 4.7% year-on-year on average from 2021's figure of 402,240 kilograms. Since 1999, the supply of titanium in Latvia has grown 40.4% each year. In 2021, Latvia placed 26th, with Sweden coming out on top with 402,240 kilograms. The US, Kazakhstan and Germany followed in second, third and fourth place respectively.
