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

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Poland (CIF) - 2023
2. Price for Metals; Palladium, Unwrought or in Powder Form in Poland (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in Poland
4. Exports of Metals; Palladium, Unwrought or in Powder Form in Poland

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

In August 2023, the average import price for metals; palladium, unwrought or in powder forms amounted to $42.0M per ton, stabilizing at the previous month. In general, the import price showed a noticeable decrease. The growth pace was the most rapid in April 2023 an increase of 5% m-o-m. Over the period under review, average import prices attained the maximum at $62.4M per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From December 2022 to August 2023, the rate of growth in terms of prices for the UK amounted to -4.7% per month.

Price for Metals; Palladium, Unwrought or in Powder Form in Poland (FOB) - 2022

The average export price for metals; palladium, unwrought or in powder forms stood at $65,658,766 per ton in 2022, waning by -14.3% against the previous year. In general, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2018 when the average export price increased by 121% against the previous year. The export price peaked at $76,582,355 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($66,755,591 per ton), while the average price for exports to the Czech Republic ($25,827,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+115.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Poland recorded growth in overseas purchases of metals; palladium, unwrought or in powder forms, which increased by 17% to 8.4 tons in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 110%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of metals; palladium, unwrought or in powder forms amounted to $587M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 127% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Italy (5.3 tons)
2. United Kingdom (3.2 tons)

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

For the third year in a row, Poland recorded decline in shipments abroad of metals; palladium, unwrought or in powder forms, which decreased by -49.5% to 47 kg in 2022. Over the period under review, exports saw a dramatic decrease. The smallest decline of -4.1% was in 2021.

In value terms, exports of metals; palladium, unwrought or in powder forms dropped rapidly to $3.1M in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports reached the peak of $7.1M, and then contracted remarkably in the following year.

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

1. Germany (44.0 kg)
2. Ukraine (2.0 kg)
3. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform