Analysis on the development status of China's titanium dioxide industry in 2023
April 25, 2023
The core content of this paper: China's comprehensive output of Titanium Dioxide; Apparent consumption of titanium dioxide in China
In 2022, the total effective capacity of China's titanium dioxide industry will be 4.7 million tons/year
According to the statistics of the titanium dioxide industry technology innovation strategy secretariat and the titanium dioxide center of the chemical industry productivity promotion center, in 2022, there will be 43 full process manufacturers with normal production conditions in China's titanium dioxide industry, except for those closed down. Among them, there are 2 companies with pure chlorination process (CITIC Titanium Industry and Yibin Tianyuan), 3 companies with both sulfuric ACID process and chlorination process, and the remaining 38 companies with sulfuric acid process.
From 2017 to 2022, China's titanium dioxide production capacity showed an upward trend. In 2022, the total effective capacity of 43 titanium dioxide production capacities in the whole industry will be 4.7 million tons/year, the total output in that year will be 3.914 million tons, and the average capacity utilization rate of the industry will be 83.28%.
In 2022, the comprehensive output of Chinese titanium dioxide enterprises will be 3.914 million tons
In recent years, with the continuous improvement of titanium dioxide production capacity, the annual output of titanium dioxide has also increased year by year. The output of titanium dioxide in China shows an upward trend from 2017 to 2022. According to the statistics of the titanium dioxide industry technology innovation strategy secretariat and the titanium dioxide center of the chemical industry productivity promotion center, the comprehensive output of Chinese titanium dioxide enterprises will be 3.914 million tons in 2022, an increase of 124000 tons over the previous year, or 3.27%.
In 2022, the capacity utilization rate of Chinese titanium dioxide enterprises will fluctuate and decline
According to the comprehensive capacity and output of titanium dioxide in China, it is measured that the capacity utilization rate of titanium dioxide in China shows a fluctuating downward trend from 2017 to 2022, of which the capacity utilization rate in 2022 is 83.28%, down 1.19 percentage points year-on-year.
The apparent demand of titanium dioxide in 2022 is about 2.631 million tons
From 2017 to 2021, the apparent demand of China's titanium dioxide industry showed an overall upward trend. According to the statistics of titanium dioxide industry technology innovation strategy secretariat and titanium dioxide center of chemical industry productivity promotion center, in 2022, China's apparent demand for titanium dioxide will be 2.631 million tons, 1.88 kg per capita, about 55% of the per capita level of developed countries.
Note: Apparent demand=production+imports - exports Note: Apparent demand=production+imports - exports
The price trend of titanium dioxide in China from 2020 to 2022 shows a trend of first increasing and then decreasing
According to the price of titanium dioxide disclosed by the business community, the price of titanium dioxide industry in China will increase first and then decline in 2020-2022. In the middle of 2020, the price of titanium dioxide will be about 14000 yuan/ton, and then gradually increase to 21000 yuan/ton. By the end of 2022, the price of titanium dioxide is 15933.33 yuan/ton.
