Metals; Platinum, Semi-Manufactured Price in Luxembourg - 2023

Contents:

1. Metals; Platinum, Semi-Manufactured Price in Luxembourg (CIF) - 2022
2. Metals; Platinum, Semi-Manufactured Price in Luxembourg (FOB) - 2022
3. Metals; Platinum, Semi-Manufactured Imports in Luxembourg
4. Metals; Platinum, Semi-Manufactured Exports in Luxembourg

Metals; Platinum, Semi-Manufactured Price in Luxembourg (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $872,991 per ton in 2022, shrinking by -36.9% against the previous year. Overall, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $1,614 per kg. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($880,090 per ton) and Switzerland ($877,287 per ton), while the price for Belgium ($827,571 per ton) and France ($852,941 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-1.6%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Price in Luxembourg (FOB) - 2022

In 2022, the average metals; platinum, semi-manufactured export price amounted to $826,500 per ton, shrinking by -4.1% against the previous year. Overall, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 727% against the previous year. Over the period under review, the average export prices hit record highs at $16,201,603 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($847,564 per ton), while the average price for exports to the UK stood at $5,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+39.2%), while the prices for the other major destinations experienced a decline.

Metals; Platinum, Semi-Manufactured Imports in Luxembourg

In 2022, purchases abroad of metals; platinum, semi-manufactureds increased by 93% to 467 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a dramatic setback.

In value terms, metals; platinum, semi-manufactured imports surged to $408K in 2022. Over the period under review, imports, however, saw a sharp contraction.

Top Suppliers of Metals; Platinum, Semi-Manufactured to Luxembourg in 2022:

1. Germany (255.0 kg)
2. Switzerland (167.0 kg)
3. France (17.0 kg)
4. Belgium (7.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Luxembourg

Metals; platinum, semi-manufactured exports from Luxembourg shrank remarkably to 40 kg in 2022, reducing by -21.6% compared with 2021. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 920%. As a result, the exports attained the peak of 51 kg, and then reduced remarkably in the following year.

In value terms, metals; platinum, semi-manufactured exports fell dramatically to $33K in 2022. Over the period under review, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,069%. As a result, the exports reached the peak of $44K, and then reduced rapidly in the following year.

Top Export Markets for Metals; Platinum, Semi-Manufactured from Luxembourg in 2022:

1. Germany (39.0 kg)
2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform