Titanium Dioxide Price in the United Arab Emirates 2022-2024

News

02Jul

2022 Trends:

Early 2022: The prices of TiO2 started with a steady rise due to supply chain disruptions and increased demand from the automotive and construction sectors.
Mid-2022: Prices peaked around October 2022, driven by robust demand and limited supply of titanium concentrate, the primary feedstock for TiO2 production.
Late 2022: The prices stabilized but remained high due to persistent supply chain issues and high production costs.

2023 Trends:

Early 2023: Prices experienced a slight decline as supply chains began to normalize and production increased to meet demand.
Mid-2023: Despite some fluctuations, the overall trend was relatively stable with minor peaks and troughs, reflecting a balanced market situation.
Late 2023: Prices started to show a downward trend, influenced by over-supply and reduced demand from downstream industries such as paints and coatings.

2024 Outlook:

Early 2024: The forecast indicates a continuation of the downward trend observed in late 2023. Prices are expected to stabilize at lower levels due to improved supply conditions and weaker demand from key sectors.
Quarterly Forecast: The quarterly analysis shows that prices might experience minor fluctuations but will likely remain within a narrow range.
Yearly Forecast: The overall yearly forecast suggests a stabilization in TiO2 prices, with a slight possibility of a rebound towards the end of 2024 as economic conditions improve and demand picks up.