Commodity
Titanium
Most titanium never becomes metal. The great majority of production is refined into titanium dioxide pigment, which is what makes paint, paper and plastics white.
Price
Annual reference price
2025, estimatedNot a live price. Annual average, published once a year. Use it for scale and direction, not as today's price.
| Year | Price, USD/t | Against the highest year shown |
|---|---|---|
| 2021 | 595.00 | |
| 2022 | 530.00 | |
| 2023 | 389.00 | |
| 2024 | 497.00 | |
| 2025e | 400.00 |
Source: U.S. Geological Survey, Mineral Commodity Summaries 2026, from Fastmarkets IM assessments. Checked 13 September 2026.
What it is used for
- Titanium dioxide pigment
- Aerospace alloys
- Medical implants
- Chemical plant and marine equipment
Supply
Mined as the minerals ilmenite and rutile, often from heavy mineral sand deposits. The metal itself is a small share of the market and costs far more to produce.
Principal producing countries: China, South Africa, Australia, Mozambique, Canada.
Producer list from United States Geological Survey, Mineral Commodity Summaries, checked 10 September 2026.