Despite the current tight economic relations between China and the United States, there is still no significant impact on the export of Chinese titanium dioxide. From January to July 2018, the total export volume of titanium dioxide in China was 563,039.20 tons, a year-on-year increase of 21.03%.
| Sulfamic acid |
China is the world’s largest exporter of titanium dioxide, and its current annual export volume ranks first in the world. In 2013, China’s export volume of titanium dioxide was 403,036.69 tons. In 2014, the export volume of titanium dioxide was 552,473.65 tons. In 2015, the export volume of titanium dioxide was 538,394.44 tons. In 2016, it was 720,470.09 tons, and in 2017, it was 830,915.95 tons. Except for the downturn in the international economic situation in 2015, the export volume of titanium dioxide showed a slight decline. The export volume of titanium dioxide in China has shown steady growth over the years. In 2017, the export volume increased by 427,879.36 tons compared with 2013, an increase of 106%.
In 2018, China’s titanium dioxide export volume still showed steady growth. According to customs data, by July 2018, China’s titanium dioxide exports in 2018 totaled 563,039.20 tons, an increase of 21.03%. The average export price in July was the highest in June 2018, at the highest price of 2,650 US dollars / ton.
Among the titanium dioxide exported by China in 2017, the major exporting countries are mainly developing countries such as India. On the one hand, due to the rapid economic development of these countries, the demand for titanium dioxide is large, and the domestic titanium dioxide capacity is limited. Some need to rely on imports. On the other hand, China’s titanium dioxide is mainly based on sulfuric acid titanium dioxide, which has price advantages, and China also has advantages in geography.
According to statistics, in 2018, the first exporter of China’s exporting titanium dioxide is still India. In the first three months of January to July 2018, China’s top three exporters of titanium dioxide were India, the United States, and Brazil, accounting for 9.86% of the total. 7.49%, 5.91%; of which, from January to July, it exported to India with a total of about 55,500 tons, an increase of 25% over the same period last year.
It is worth mentioning that China’s current economic relations are tense, and China’s exports of titanium dioxide to the United States have not been greatly affected. From January to July 2018, the total amount of titanium dioxide exported by China to the United States was 41,943.05 tons, compared with the same period of the previous year. Both have grown.
| Magnesium Sulphate |
As the world’s largest exporter of titanium dioxide, China’s titanium dioxide export volume has a lot of room for growth in the future, while India’s developing countries as the main emerging economies, the demand for titanium dioxide has increased, and future development in India China will continue to be the main exporter of Chinese titanium dioxide.