Analysis of import and export status of China's titanium dioxide industry in 2023

May 29, 2023

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General situation of import and export of Titanium Dioxide industry

According to the statistics of import and export data of the General Administration of Customs with tariff number of "32061110 titanium dioxide", the total import and export volume of titanium dioxide in China will show an overall upward trend from 2019 to 2022, and the total import and export volume of titanium dioxide in China will be 4.278 billion dollars in 2022. From the change of China's titanium dioxide import and export trade surplus, China's titanium dioxide trade surplus shows an increasing trend from 2019 to 2022, and China's titanium dioxide trade surplus in 2022 is 3.389 billion dollars. The overall export scale is far higher than the import scale. China has a high competitiveness in the manufacturing and sales of titanium dioxide globally, and is a major manufacturer of titanium dioxide.

Import of titanium dioxide industry

In recent years, the import volume of titanium dioxide has been basically stable, which is mainly due to the continuous improvement of the quality and application performance of titanium dioxide produced by sulfuric ACID process in China, and the continuous release of the capacity of new titanium dioxide produced by chlorination process. In 2022, China's imports of titanium dioxide will be 123100 tons, down 25.9% year on year; The import amount of titanium dioxide in China fluctuated. In 2022, the import amount of titanium dioxide in China was $445 million, down 24.6% year on year.

From 2019 to 2022, the average import price of titanium dioxide in China will decline as a whole. From 2019 to 2021, the price of titanium dioxide will be in the range of 4.90-4.96/kg; In 2022, it decreased to $4.45 per kilogram.

Export of titanium dioxide industry

With the continuous expansion of domestic production capacity and the aggravation of domestic oversupply, manufacturers actively expand overseas markets, and the export volume of titanium dioxide industry has maintained a rapid growth in recent years. In 2022, the export volume of titanium dioxide will be 1.4058 million tons, with a year-on-year growth of 7.7%; The export amount of titanium dioxide in China is on the rise. In 2022, the export amount of titanium dioxide in China will be 3.834 billion US dollars, up 5.9% year on year.

From 2019 to 2022, the average export price of titanium dioxide in China will fluctuate and rise. In 2019, the export price will be 2.20 US dollars/kg. By 2022, the average export price of titanium dioxide in China will be 2.73 US dollars/kg. The unit price will rise. Overall, the import amount is higher than the export amount.

Author:

Ms. Yolanda

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info@jinhetec.com

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