Titanium metals and titanium dioxide accounted for the largest share of the titanium products market in 2023. China dominates the titanium market in the Asia Pacific region, as a result of its growing demand from the chemical, high-end aerospace, automotive, and medical industries. Aerospace is the most important application for the titanium products market, which accounts for a major portion of the total consumption of titanium metals and titanium dioxide forms. Increasing expenditure on aircraft and aerospace parts manufacturing, coupled with the rapid growth of air traffic and commercial airlines worldwide, is expected to fuel the growth of the titanium market in the near future. The Titanium Products market is expected to register a steady and sustainable CAGR of 5.8% from 2023 to 2025, primarily driven by the increasing use of the product in the aerospace sector. This market is also expected to witness substantial growth in the paints and coatings, pigments, and cosmetic industries. The global titanium products market is a lucrative business opportunity for many companies. Here we will show you the titanium market price per kg in China(Average price in the month).
Titanium Price Per Kgin Chins. Mar.2023
Item | Grades/Treatment | Size | Price(Yuan, RMB) |
---|---|---|---|
Titanium ingots | Grade 1 Grade 2 Grade 5 | / / / | 85-88/KG 80-84/KG 92-96/KG |
Titanium plate | Grade 1/Grade 2(Cold rolled) | 1-3mm 3-5mm | 130-135/KG 120-125/KG |
Grade 1/Grade 2 (Hot Rooled ) | 5-12mm | 110-115 | |
Titanium wires | Gr1/ Gr2 Gr5 | 1-5mm 1-5mm | 180-240/KG 280-300 /KG |
Titanium bar | Grade1/2 (Polished) | 10-20mm Above 20mm | 130-135 /KG 135-150 /KG |
Grade5 (Polished) | 10-20mm Above 20mm | 230-265/KG 240-270 /KG |
|
Titanium coils | Hot rolled | 1-3mm 3-5mm 5-12mm 1.5M width | 125-130/KG 115-125/KG 110-115/KG 103-111 /KG |
Cold rolled | / | 115-128/KG | |
Titanium tube | Grade1/2 | 20-30mm 85mm | 135-145 /KG 100-107 /kg |
Note: The price of Titanium according to the Chinese currency is Yuan(RMB) because China is the world’s largest producer of titanium. All the prices are based on the titanium in the Chinese market. The prices of all processed products such as titanium tubes, titanium plates and titanium wires are for reference only. The actual prices should be subject to the material, processing, surface treatment and other processing. Also, actual prices fluctuate according to exchange rate between the Chinese Yuan and American Dollar.