In 2023, the United States dominated the global titanium export share, securing over 33% of the market. Russia, Germany, and Japan followed, each with approximately 10%. The United Kingdom and China also held significant shares over 5%. Robust growth was seen in Canada, the Netherlands, and Greece, while Switzerland, South Africa, and Mexico experienced declines. Bahrain notably surged with over 100% year-on-year growth.
Future trends to watch:
- The consolidation of major exporters such as the United States and Russia.
- Potential market shifts influenced by geopolitical dynamics, especially related to Russia.
- Technological innovations impacting production and supply chains.
- Emergence of new markets and diversification of export sources.
Top countries in Export of Titanium Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 33.61 | 2023 | +2.93% | +3.06% | View data |
| 2 | 2 Russia | 10.32 | 2023 | +1.94% | +1.07% | View data |
| 3 | 3 Germany | 10.02 | 2023 | +2.37% | +2.93% | View data |
| 4 | 4 Japan | 9.98 | 2023 | +1.2% | +1.99% | View data |
| 5 | 5 United Kingdom | 8.89 | 2023 | +2.17% | +2.75% | View data |
| 6 | 6 China | 6.88 | 2023 | +2.62% | +1.68% | View data |
| 7 | 7 France | 3.82 | 2023 | +2.57% | +1.98% | View data |
| 8 | 8 Kazakhstan | 2.5 | 2023 | +2.12% | +0.46% | View data |
| 9 | 9 Italy | 1.88 | 2023 | +0.3% | -0.83% | View data |
| 10 | 10 Canada | 1.75 | 2023 | +5.01% | +7.45% | View data |
