The import and export of titanium dioxide in China are showing a growth trend

On September 5th, according to statistics from the General Administration of Customs, China imported 9089.08 tons of titanium dioxide in July 2024, a year-on-year increase of 13.36% and a month on month increase of 20.42%, as learned from the Yan Titanium Cloud Business Platform and the Tuduoduo Industry Big Data Department. From January to July 2024, China imported approximately 56800 tons of titanium dioxide, an increase of 41.29% compared to 40200 tons in the same period of 2023; It is expected that China will import about 97400 tons of titanium dioxide in 2024, a year-on-year increase of 15.23%.

In July, China's titanium dioxide export data remained good, with an export volume of 159600 tons, a year-on-year increase of 17.50%. From January to July 2024, the cumulative export of titanium dioxide was 1.1322 million tons, a year-on-year increase of 16.47%. The economy is still in a recovery trend this year, and with the arrival of the "Golden September and Silver October", the demand for titanium dioxide is under pressure to recover; In addition to the impact of anti-dumping measures on titanium dioxide by the European Union and other countries, there will be certain restrictions on exports in the future, but China's export market is expected to remain mainly stable. Qi Yu, a titanium analyst at Tuduoduo Industrial Big Data Department, believes that due to the release of new production capacity in the second half of the year, supply expectations will continue to increase, and the export market will maintain a steady growth trend in the long run.