Key Market Indicators
Philippines' titanium export is projected to decrease by 5.5% year-on-year CAGR between 2021 and 2026, from 9,610 kilograms to 6,910 kilograms. Since 2007, the country's titanium supply has grown by 12.8% annually. In 2021, Philippines ranked number 49, with Luxembourg leading the rankings with 9,610 kilograms. The United States, Kazakhstan and Germany followed, occupying the second, third and fourth places respectively. Philippines' titanium import dropped significantly in 2018 to $1,230, from $15,260 in 2017, representing a 92% decrease year-on-year. In 2018, the country was placed 70th, with Croatia ahead of it at $1,230. France, the United Kingdom and Italy were second, third and fourth in the rankings.