Price for Metals; Palladium, Unwrought or in Powder Form in Austria - 2023

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Austria (FOB) - 2023
2. Price for Metals; Palladium, Unwrought or in Powder Form in Austria (CIF) - 2023
3. Exports of Metals; Palladium, Unwrought or in Powder Form in Austria
4. Imports of Metals; Palladium, Unwrought or in Powder Form in Austria

Price for Metals; Palladium, Unwrought or in Powder Form in Austria (FOB) - 2023

In July 2023, the average export price for metals; palladium, unwrought or in powder forms amounted to $45.5M per ton, waning by -12.9% against the previous month. In general, the export price recorded a perceptible downturn. The growth pace was the most rapid in April 2023 when the average export price increased by 1.2% month-to-month. The export price peaked at $65.2M per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From November 2022 to July 2023, the rate of growth in terms of prices for Italy amounted to -1.2% per month.

Price for Metals; Palladium, Unwrought or in Powder Form in Austria (CIF) - 2023

In August 2023, the average import price for metals; palladium, unwrought or in powder forms amounted to $25.0M per ton, picking up by 40% against the previous month. In general, the import price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in March 2023 an increase of 53% month-to-month. Over the period under review, average import prices reached the maximum at $54.9M per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Thailand ($58.5M per ton), while the price for Japan ($12.0M per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.1%), while the prices for the other major suppliers experienced a decline.

Exports of Metals; Palladium, Unwrought or in Powder Form in Austria

In 2022, the amount of metals; palladium, unwrought or in powder forms exported from Austria rose notably to 1.5 tons, picking up by 13% on the year before. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 361%. As a result, the exports attained the peak of 1.5 tons; afterwards, it flattened through to 2022.

In value terms, exports of metals; palladium, unwrought or in powder forms shrank to $101M in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 548%. As a result, the exports reached the peak of $104M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Austria in 2022:

1. Germany (1382.0 kg)
2. Italy (80.0 kg)
3. Slovenia (14.0 kg)

Imports of Metals; Palladium, Unwrought or in Powder Form in Austria

In 2022, approx. 1.3 tons of metals; palladium, unwrought or in powder forms were imported into Austria; growing by 6.2% against 2021 figures. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 183% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of metals; palladium, unwrought or in powder forms declined to $35M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 170% against the previous year. As a result, imports reached the peak of $37M, and then contracted in the following year.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Austria in 2022:

1. Japan (959.0 kg)
2. Germany (142.0 kg)
3. Italy (93.0 kg)
4. Thailand (55.0 kg)

Source: IndexBox Market Intelligence Platform