Price for Platinum; Unwrought or in Semi-Manufactured Forms in France - 2023

Contents:

1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in France (CIF) - 2022
2. Price for Platinum; Unwrought or in Semi-Manufactured Forms in France (FOB) - 2022
3. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in France
4. Exports of Platinum; Unwrought or in Semi-Manufactured Forms in France

Price for Platinum; Unwrought or in Semi-Manufactured Forms in France (CIF) - 2022

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $7,459,561 per ton, increasing by 21% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2018 an increase of 21%. The import price peaked at $9,137,098 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($43,060,102 per ton), while the price for Italy ($4,046,506 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Platinum; Unwrought or in Semi-Manufactured Forms in France (FOB) - 2022

In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $7,775,768 per ton, dropping by -38.5% against the previous year. In general, the export price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $19,834,563 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($38,230,869 per ton), while the average price for exports to Pakistan ($5,990 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 Italy (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in France

After three years of growth, purchases abroad of platinum; unwrought or in semi-manufactured formses decreased by -14.4% to 38 tons in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 45 tons, and then shrank in the following year.

In value terms, imports of platinum; unwrought or in semi-manufactured formses reached $285M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to France in 2022:

1. Italy (15.0 tons)
2. Germany (12.8 tons)
3. United States (3.1 tons)
4. Spain (2.8 tons)
5. Switzerland (1.1 tons)
6. United Kingdom (1.0 tons)
7. Belgium (0.7 tons)

Exports of Platinum; Unwrought or in Semi-Manufactured Forms in France

Exports of platinum; unwrought or in semi-manufactured formses from France soared to 23 tons in 2022, growing by 64% against 2021 figures. In general, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 126%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of platinum; unwrought or in semi-manufactured formses reached $181M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from France in 2022:

1. Pakistan (10.4 tons)
2. United States (3.1 tons)
3. Romania (2.9 tons)
4. Switzerland (2.3 tons)
5. Italy (1.3 tons)
6. Germany (1.2 tons)
7. Indonesia (0.8 tons)
8. Spain (0.5 tons)

Source: IndexBox Market Intelligence Platform