Key Market Indicators
The demand for titanium imports in Saudi Arabia is set to grow steadily in the next five years. It is estimated that imports will reach $269,480 by 2026, a 3.9% increase from the current figure of $214,100 in 2021. Since 1997, Saudi demand has been growing at an average of 8.5% year on year. In 2021, the country ranked 48th in terms of titanium imports, with Lithuania ahead at $214,100. France, the United Kingdom and Italy took the second, third and fourth places, respectively. Back in 2018, Saudi Arabia was in 43rd position, with Finland overtaking it with 29,000 kilograms. The United States, Kazakhstan and Germany were the second, third and fourth-largest importers, respectively.
