EU March TiO2 imports down, exports up against March 2012

18 June 2013 11:36  [Source: ICIS news]

SINGAPORE (ICIS)--The EU imported 22% less titanium dioxide (TiO2) from the rest of the world in March 2013 than a year earlier, Eurostat data showed on Tuesday.

However, on a month-by-month basis, imports went up 25% in March 2013, compared with February 2013.

Exports of TiO2 from the EU to the rest of the world were up 16% in March 2013 compared with March 2012.

Exports increased by 9% in March 2013 compared with February 2013.

The European TiO2 market has been long for the past 12 months and as a result, EU producers have been trying to sell their product overseas. At the same time, low-priced offers by Chinese sellers made several European buyers import more TiO2, hence the 25% increase in March 2013 from February 2013.

TiO2 imports and exports (source: Eurostat, units: tonnes)

PERIOD/FLOW

IMPORT

EXPORT

Mar. 2012

11,100

29,584

Feb. 2013

6,884

31,648

Mar. 2013

8,628

34,340

change year on year

-22%

+16%

change month on month

+25%

+9%


By: Janos Gal
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly