In 2024, the price for one kilogram of titanium sponge metal in the United States came to an estimated ** U.S. dollars, which was an increase of nearly five percent from 2023. Titanium sponge metal is a porous, brittle form of titanium.

Titanium traded flat at 49 CNY/KG on August 29, 2025. Over the past month, Titanium's price has fallen 1.01%, but it is still 11.36% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Titanium.

In 2024, the price for one metric ton of bulk rutile – a titanium mineral – with a minimum of 95 percent titanium dioxide content, free on board from Australia, came to an estimated ***** U.S. dollars. In comparison, the average unit price for one metric ton of ilmenite – another titanium mineral – imported to the United States was *** U.S. dollars that same year.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes (WPU102505) from Jan 1971 to Jul 2025 about titanium, mills, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Titanium prices in April 2023 reached $10,406 per ton (FOB, Japan), a 9.2% increase compared to the previous month.

The average titanium import price stood at $16,306 per ton in March 2025, with an increase of 9.3% against the previous month.

In 2023, approx. 9 kg of titanium sponge, powders, ingots and slabs were imported into Sri Lanka; falling by -10% against 2022 figures.

In 2023, approx. 3.6 tons of titanium sponge, powders, ingots and slabs were imported into the Philippines; increasing by 21% compared with 2022.

In 2023, the amount of titanium sponge, powders, ingots and slabs imported into South Africa soared to 73 tons, picking up by 202% compared with 2022.

The average titanium import price stood at $17,478 per ton in March 2025, with an increase of 217% against the previous month.

The global medical nickel titanium alloy wire market is experiencing steady growth, projected to reach $244 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 3.5% from 2025 to 2033. This growth is driven by several key factors. The increasing prevalence of minimally invasive surgical procedures fuels demand for flexible and shape-memory alloys like Nitinol, a nickel titanium alloy, for applications such as stents, guidewires, and surgical instruments. Advancements in material science are leading to the development of improved Nitinol alloys with enhanced biocompatibility, strength, and fatigue resistance, further expanding market opportunities. The rising geriatric population, susceptible to cardiovascular diseases and other conditions requiring interventional procedures, is another significant growth driver. Furthermore, technological advancements in medical device manufacturing are enabling the production of more sophisticated and intricate medical devices incorporating Nitinol wire, further boosting market expansion. However, the market faces certain restraints. The high cost associated with Nitinol wire and its processing can limit adoption in price-sensitive markets. Concerns regarding potential nickel allergies in patients also pose a challenge, necessitating stringent quality control and regulatory compliance. Nevertheless, ongoing research and development efforts are focused on mitigating these challenges, including developing hypoallergenic alternatives and optimizing manufacturing processes to reduce costs. The market segmentation demonstrates a diverse application landscape, with significant opportunities across different regions, particularly in North America and Europe, driven by robust healthcare infrastructure and high adoption rates of advanced medical technologies. The competitive landscape is characterized by several established players and emerging companies, fostering innovation and competition within the market.

In 2024, after two years of growth, there was significant decline in the Pakistani titanium market, when its value decreased by -17.8% to $13K. Overall, consumption, however, enjoyed a resilient increase. Over the period under review, the market attained the peak level at $15K in 2023, and then declined remarkably in the following year.

For the third year in a row, Oman recorded decline in purchases abroad of titanium sponge, powders, ingots and slabs, which decreased by -21.8% to 258 kg in 2023.