With the increase in the production of titanium dioxide, China has changed from a net importer of titanium dioxide to a net exporter, and the number of exports has continued to increase. In 2020, China's titanium dioxide export volume was 1.2141 million tons, an increase of 210.6 million tons from 2019; China's titanium dioxide imports in 2020 will be 168,300 tons, an increase of 1,200 tons from 2019.
In 2019, China’s titanium dioxide export value was US$2.206 billion, and its import value was US$499 million. In 2020, China’s titanium dioxide export value was US$2.348 billion, and its import value was US$479 million.
The average import price of China's titanium dioxide is slightly higher than the average export price. In 2020, the average export price of China's titanium dioxide is 1.93 USD/kg, and the average import price is 2.84 USD/kg, with a difference of 0.91 USD/kg.
China's titanium dioxide is mainly exported to India, Brazil, South Korea and other regions. In 2020, China's titanium dioxide exports to India are 135,800 tons, with an export value of 255 million U.S. dollars; to Brazil, 99,300 tons, with an export value of 189 million U.S. dollars; to South Korea 73,100 tons, the export value is 147 million US dollars.
China mainly imports titanium dioxide from Taiwan, China. In 2020, China imported 50,000 tons of titanium dioxide from Taiwan, accounting for 29.69% of the country's total imports; the import value was 129 million US dollars, accounting for 27.02% of the country's total imports.
In 2020, the top 5 provinces and cities of China's titanium dioxide export volume are Sichuan, Henan, Shandong, Anhui, and Guangdong. The export volumes are 249,800 tons, 223,300 tons, 201,400 tons, 154,000 tons, and 81,300 tons; the export amounts are respectively 475 million U.S. dollars, 439 million U.S. dollars, 395 million U.S. dollars, 295 million U.S. dollars, and 155 million U.S. dollars.
