Price for Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan - 2022
Contents:
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan (CIF) - 2022
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan (FOB) - 2022
- Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan
- Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan (CIF) - 2022
The average import price for platinum; unwrought or in semi-manufactured formses stood at $12,908,000 per ton in 2022, falling by -44.9% against the previous year. Overall, the import price, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 140%. Over the period under review, average import prices reached the peak figure at $31,563,239 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +47.8% per year.
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan (FOB) - 2022
In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $47,246,429 per ton, with an increase of 37% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 70% against the previous year. Over the period under review, the average export prices attained the maximum at $49,934,000 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5,517.7% per year.
Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan
In 2022, the amount of platinum; unwrought or in semi-manufactured formses imported into Pakistan dropped significantly to 1 kg, shrinking by -97.5% against 2021. Over the period under review, imports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 40 kg, and then dropped significantly in the following year.
In value terms, imports of platinum; unwrought or in semi-manufactured formses fell notably to $13K in 2022. In general, imports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 6%. As a result, imports reached the peak of $937K, and then contracted significantly in the following year.
| Import of Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 53.8 | 120 | 142 | 12.9 | -37.9% |
| Germany | 17.0 | 2.7 | 3.4 | N/A | -55.3% |
| Switzerland | 20.7 | 18.1 | 21.6 | N/A | 2.2% |
| China | 47.0 | 54.6 | 62.3 | N/A | 15.1% |
| France | 614 | 592 | 562 | N/A | -4.3% |
| United Arab Emirates | 64.3 | 90.7 | 126 | N/A | 40.0% |
| Others | 17.3 | 5.3 | 19.4 | N/A | 5.9% |
| Total | 834 | 884 | 937 | 12.9 | -75.1% |
Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Pakistan in 2022:
- United Kingdom (1.0 kg)
Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan
In 2022, after three years of growth, there was significant decline in shipments abroad of platinum; unwrought or in semi-manufactured formses, when their volume decreased by -44% to 14 kg. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 150% against the previous year. As a result, the exports attained the peak of 25 kg, and then reduced rapidly in the following year.
In value terms, exports of platinum; unwrought or in semi-manufactured formses declined remarkably to $661K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of $860K, and then fell rapidly in the following year.
| Export of Platinum; Unwrought or in Semi-Manufactured Forms in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 340 | 460 | 181 | 661 | 24.8% |
| Germany | N/A | 2.9 | 590 | N/A | 20244.8% |
| France | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 89.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 340 | 463 | 860 | 661 | 24.8% |
Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from Pakistan in 2022:
- United Kingdom (14.0 kg)
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This report provides an in-depth analysis of the platinum market in Pakistan.
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This report provides an in-depth analysis of the global platinum market.
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This report provides an in-depth analysis of the platinum market in Pakistan.
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This report provides an in-depth analysis of the global platinum market.
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