Overview of the Market for Titanium, unwrought, incl. sponge, powders, ingots and slabs in South Africa
In value terms, production of titanium, unwrought, incl. sponge, powders, ingots and slabs shrank remarkably to $ in estimated in export prices. Over the period under review, production saw a abrupt contraction. The growth pace was the most rapid in 2015 when the production volume increased by % year-to-year. Production peaked at $ in 2007; however, from 2008 to , production remained at a lower figure.
The revenue of the market for titanium, unwrought, incl. sponge, powders, ingots and slabs in South Africa declined to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a deep slump. The pace of growth was the most pronounced in 2015 with an increase of % year-to-year. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.