Metals; Palladium, Semi-Manufactured Price in Luxembourg - 2023

Contents:

1. Metals; Palladium, Semi-Manufactured Price in Luxembourg (CIF) - 2022
2. Metals; Palladium, Semi-Manufactured Price in Luxembourg (FOB) - 2022
3. Metals; Palladium, Semi-Manufactured Imports in Luxembourg
4. Metals; Palladium, Semi-Manufactured Exports in Luxembourg

Metals; Palladium, Semi-Manufactured Price in Luxembourg (CIF) - 2022

In 2022, the average metals; palladium, semi-manufactured import price amounted to $4,596,579 per ton, falling by -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 35% against the previous year. The import price peaked at $4,938,427 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($7,198,679 per ton), while the price for the UK ($1,963,325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+62.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Palladium, Semi-Manufactured Price in Luxembourg (FOB) - 2022

In 2022, the average metals; palladium, semi-manufactured export price amounted to $3,509,403 per ton, surging by 7.1% against the previous year. Over the period under review, the export price, however, saw a slight descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $4,212,543 per ton in 2013; however, from 2014 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -1.2% per year.

Metals; Palladium, Semi-Manufactured Imports in Luxembourg

In 2022, supplies from abroad of metals; palladium, semi-manufactureds decreased by -8.1% to 57 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 14%. As a result, imports reached the peak of 73 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metals; palladium, semi-manufactured imports declined dramatically to $262K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $347K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Metals; Palladium, Semi-Manufactured to Luxembourg in 2022:

1. Germany (35.0 kg)
2. Switzerland (18.0 kg)
3. United Kingdom (3.0 kg)
4. Belgium (1.0 kg)

Metals; Palladium, Semi-Manufactured Exports in Luxembourg

In 2022, approx. 62 kg of metals; palladium, semi-manufactureds were exported from Luxembourg; surging by 3.3% compared with the previous year. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 150% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metals; palladium, semi-manufactured exports stood at $218K in 2022. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 181% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Metals; Palladium, Semi-Manufactured from Luxembourg in 2022:

1. Germany (62.0 kg)

Source: IndexBox Market Intelligence Platform