Europe: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Europe

The Europe platinum catalysts market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a moderate increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Platinum Catalysts Production in Europe

In value terms, platinum catalysts production totaled $X in 2022 estimated in export price. Over the period under review, production saw a mild contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Platinum Catalysts Exports

Exports in Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of platinum catalysts, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, platinum catalysts exports contracted significantly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped notably in the following year.

Exports by Country

The Czech Republic (X tons), Bulgaria (X tons), Denmark (X tons) and the UK (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Greece (X tons) and Belgium (X tons), together generating a X% share of total exports. Poland (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the largest platinum catalysts supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

In the UK, platinum catalysts exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Denmark (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per kg, jumping by X% against the previous year. Overall, the export price saw a significant increase. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per kg), while Bulgaria ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Platinum Catalysts Imports

Imports in Europe

In 2022, imports of platinum catalysts in Europe soared to X tons, with an increase of X% against 2021 figures. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, platinum catalysts imports reduced to $X in 2022. Total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Portugal (X tons), Spain (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022. The following importers - Denmark (X tons) and Slovakia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported platinum catalysts in Europe, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

In the Netherlands, platinum catalysts imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Spain (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X,401 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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