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China's TiO2 exports in Feb. 2023 increase YoY

2023/4/23 11:11:33

   Summary: In Feb. 2022, China exported 154,222.61 tonnes of TiO2, up by 52.00% YoY; the average export price was USD2,120.02/t, down by 29.49% YoY.

According to China Customs data, in Feb. 2022, China exported 154,222.61 tonnes of titanium dioxide (TiO2), up by 52.00% YoY; the average export price was USD2,120.02/t, down by 29.49% YoY.

 

In Jan.–Feb. 2023, China's export volume of TiO2 was 285,826.19 tonnes, up by 17.63% YoY. In this period, export prices averaged USD2,108.93/t, down by 29.78% YoY.

 

In terms of import, in Feb. 2023, China imported 4,828.61 tonnes of TiO2, down by 69.53% YoY; the average import price was USD3,578.25 /t, up by 7.41% YoY.

 

In Jan.–Feb. 2023, China's import volume of TiO2 was 8,475.80 tonnes, down by 64.60% YoY. In this period, import prices averaged USD3,740.69/t, up by 12.38% YoY. The import volume in Jan.–Dec. 2023 decreased YoY is mainly due to poor domestic demand and high prices of imported TiO2.

Figure China's TiO2 export & import by month in 2023



Source: CCM & China Customs


Table Top 5 TiO2 export destinations in Feb. 2023

Rank Destination Volume from China, tonne Price, USD/t
1 India 27,600 2,093.47
2 Turkey 8,449 2,099.09
3 Brazil 8,003 2,117.77
4 South Korea 7,219 2,148.17
5 Vietnam 6,953 2,159.77
Others 95,999 2,124.69
Total 154,223 2,120.02



Source: CCM & China Customs


Table Export volume of China's TiO2 by region in Feb. 2023

Region Volume from China, tonne Proportion
Africa 5,530 4.66%
Asia Pacific 66,009 55.66%
Europe 31,492 26.56%
Middle East 29,852 25.17%
North America 5,473 4.62%
South America 15,867 13.38%



Source: CCM & China Customs


Table Top 5 TiO2 import origins in Feb. 2023

Rank Origin Volume to China, tonne Price, USD/t
1 Taiwan China 1,218.08 3,430.71
2 Japan 1,157.85 3,827.83
3 Mexico 660.55 3,497.38
4 Germany 447.03 4,589.43
5 The United Kingdom 426.50 3,054.42
Others 918.60 3,268.57
Total 4,828.61 3,578.25



Source: CCM & China Customs


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