Metals; Platinum, Semi-Manufactured Price in Canada - 2023
Contents:
- Metals; Platinum, Semi-Manufactured Price in Canada (CIF) - 2023
- Metals; Platinum, Semi-Manufactured Price in Canada (FOB) - 2023
- Metals; Platinum, Semi-Manufactured Imports in Canada
- Metals; Platinum, Semi-Manufactured Exports in Canada
Metals; Platinum, Semi-Manufactured Price in Canada (CIF) - 2023
In September 2023, the average metals; platinum, semi-manufactured import price amounted to $7.0M per ton, with a decrease of -54.8% against the previous month. In general, the import price showed a mild decline. The pace of growth was the most pronounced in March 2023 an increase of 237% against the previous month. Over the period under review, average import prices reached the peak figure at $32.1M per ton in April 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10.4M per ton), while the price for Switzerland stood at $3.7M per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.5%).
Metals; Platinum, Semi-Manufactured Price in Canada (FOB) - 2023
The average metals; platinum, semi-manufactured export price stood at $32.0M per ton in September 2023, shrinking by -3.4% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 5.7% against the previous month. Over the period under review, the average export prices attained the peak figure at $35.5M per ton in February 2023; afterwards, it flattened through to September 2023.
Average prices varied somewhat for the major foreign markets. In September 2023, the country with the highest price was Germany ($44.3M per ton), while the average price for exports to Mexico ($30.8M per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Platinum, Semi-Manufactured Imports in Canada
In 2022, supplies from abroad of metals; platinum, semi-manufactureds decreased by -32.2% to 1.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 53%.
In value terms, metals; platinum, semi-manufactured imports dropped significantly to $33M in 2022. Over the period under review, imports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $76M, and then dropped significantly in the following year.
| Import of Metals; Platinum, Semi-Manufactured in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 25.7 | 35.5 | 65.6 | 21.4 | -5.9% |
| United States | 2.9 | 4.6 | 6.5 | 7.4 | 36.7% |
| Germany | 0.3 | 0.2 | 1.1 | 2.3 | 97.2% |
| Japan | 0.3 | 0.1 | 2.3 | 0.9 | 44.2% |
| South Africa | 0.4 | 3.0 | N/A | 0.2 | -20.6% |
| Others | 0.3 | 1.0 | 0.8 | 0.8 | 38.7% |
| Total | 30.0 | 44.4 | 76.1 | 32.9 | 3.1% |
Top Suppliers of Metals; Platinum, Semi-Manufactured to Canada in 2022:
- Switzerland (963.0 kg)
- United States (450.0 kg)
- Germany (63.0 kg)
- Japan (28.0 kg)
- South Africa (8.0 kg)
Metals; Platinum, Semi-Manufactured Exports in Canada
In 2022, metals; platinum, semi-manufactured exports from Canada rose rapidly to 643 kg, surging by 7% compared with the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +57.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, metals; platinum, semi-manufactured exports reached $23M in 2022. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 80% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Metals; Platinum, Semi-Manufactured in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.2 | 12.0 | 21.7 | 19.5 | 13.9% |
| United Kingdom | N/A | N/A | N/A | 2.6 | 0% |
| Mexico | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 13.6 | 12.3 | 22.2 | 22.7 | 18.6% |
Top Export Markets for Metals; Platinum, Semi-Manufactured from Canada in 2022:
- United States (596.0 kg)
- United Kingdom (26.0 kg)
- Mexico (16.0 kg)
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This report provides an in-depth analysis of the platinum market in Canada.
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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 Canada.
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This report provides an in-depth analysis of the global platinum market.
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In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
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The growth pace of Platinum was exceptionally fast in March 2023, with a month-on-month increase of 194%. In terms of value, Platinum imports significantly declined to $3M in September 2023.
156
Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
2883
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1564
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
2025
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
