In 2023, China led global titanium oxide exports, expanding by 2.8%, followed by Germany, slightly declining by 0.31%. Canada experienced significant growth at 20.2%, whereas the United States saw a notable decrease of 12.35%. Luxembourg and Lebanon's exports surged by over 50%. Many European countries experienced moderate growth, while some Asian nations like Japan and India had small declines. Emerging markets like Chile and Belarus saw robust increases, indicating potential growth areas.
Looking ahead, the shift towards eco-friendly products and technological advancements might drive demand for titanium oxides. Developing nations with growing industrial bases and increasing technological capabilities are poised for expansion in export activities.
Top countries in Export of Titanium Oxides by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 164,570,000 | 2023 | +3.59% | +2.8% | View data |
| 2 | 2 Germany | 152,140,000 | 2023 | +0.14% | -0.31% | View data |
| 3 | 3 France | 109,240,000 | 2023 | +1.75% | +0.82% | View data |
| 4 | 4 Japan | 69,418,000 | 2023 | -0.43% | -3.69% | View data |
| 5 | 5 South Korea | 56,430,000 | 2023 | -0.065% | -0.43% | View data |
| 6 | 6 India | 49,932,000 | 2023 | +1.58% | -0.15% | View data |
| 7 | 7 Belgium | 48,693,000 | 2023 | -0.11% | +0.26% | View data |
| 8 | 8 Italy | 33,032,000 | 2023 | +0.65% | -1.37% | View data |
| 9 | 9 Saudi Arabia | 31,943,000 | 2023 | +0.88% | +2.16% | View data |
| 10 | 10 Canada | 29,679,000 | 2023 | +5.57% | +20.2% | View data |
