Overview of the Market for Titanium, unwrought, incl. sponge, powders, ingots and slabs in Turkey
In value terms, production of titanium, unwrought, incl. sponge, powders, ingots and slabs amounted to $ in estimated in export prices. Over the period under review, production posted a moderate increase. The growth pace was the most rapid in 2017 with an increase of % year-to-year. Production peaked at $ in 2010; however, from 2011 to , production failed to regain the momentum.
The revenue of the market for titanium, unwrought, incl. sponge, powders, ingots and slabs in Turkey reached $ in , rising 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). Overall, the total consumption indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the market value increased by % y-o-y. Consumption peaked at $ in 2010; however, from 2011 to , consumption remained at a lower figure.