Summary
- World trade
- $804million
- Tonnes
- 268thousand tonnes
- Price per tonne
- $3,005
Top exporters
World supply
China went from 1.9% to 43.3% of world exports of titanium oxides
In 2024, China accounted for 43.3% of recorded world exports and the three largest exporters together for 61.5%. HHI: 2,202 out of 10,000; equivalent to 5 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 43.3%
- Three largest 61.5%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 25.8% | 43.3% |
| Three largest | 44.5% | 61.5% |
Countries where China sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- Saudi Arabia: 85.3% of its purchases · Dependence of Saudi Arabia on China
- Brazil: 90.5% of its purchases · Dependence of Brazil on China
- Egypt: 87.4% of its purchases · Dependence of Egypt on China
- Spain: 68.6% of its purchases · Dependence of Spain on China
- South Africa: 96.1% of its purchases · Dependence of South Africa on China
- Vietnam: 70.1% of its purchases · Dependence of Vietnam on China
- Japan: 54.8% of its purchases · Dependence of Japan on China
- Mexico: 63.1% of its purchases · Dependence of Mexico on China
- Thailand: 67.3% of its purchases · Dependence of Thailand on China
- Nigeria: 64.7% of its purchases · Dependence of Nigeria on China
Top importers
Trend
Who sells it
China has been the top exporter since 2010
Value in USD millions. The five largest exporters in 2024.
- China 348
- Germany 79.7
- France 66.5
- Japan 64.9
- South Korea 48
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| China | 22.2 | 348 |
| Germany | 137 | 79.7 |
| France | 65.1 | 66.5 |
| Japan | 82.6 | 64.9 |
| South Korea | 20.5 | 48 |
Price
Implied price
The price per tonne rose 47% since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $3,005
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $2,041 |
| 1996 | $1,826 |
| 1997 | $1,744 |
| 1998 | $1,959 |
| 1999 | $481 |
| 2000 | $1,246 |
| 2001 | $1,072 |
| 2002 | $244 |
| 2003 | $1,292 |
| 2004 | $997 |
| 2005 | $749 |
| 2006 | $1,047 |
| 2007 | $1,516 |
| 2008 | $1,732 |
| 2009 | $1,998 |
| 2010 | $1,978 |
| 2011 | $2,390 |
| 2012 | $3,593 |
| 2013 | $3,193 |
| 2014 | $2,826 |
| 2015 | $2,414 |
| 2016 | $2,334 |
| 2017 | $2,765 |
| 2018 | $2,661 |
| 2019 | $2,851 |
| 2020 | $2,789 |
| 2021 | $3,176 |
| 2022 | $3,453 |
| 2023 | $3,316 |
| 2024 | $3,005 |
What it includes
- 2823 · Titanium oxides
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.