Price for Platinum; Unwrought or in Semi-Manufactured Forms in Chile - 2024

Contents:

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

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

The average export price for platinum; unwrought or in semi-manufactured formses stood at $23,092,375 per ton in 2022, dropping by -34.8% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 44,555%. The export price peaked at $35,391,755 per ton in 2021, and then fell remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -7.6% per year.

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $4,095,550 per ton, declining by -20.9% against the previous year. In general, the import price, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 167% against the previous year. As a result, import price attained the peak level of $8,102 per kg. From 2017 to 2022, the average 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 Germany ($31,462,000 per ton), while the price for China ($437,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1,792.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of platinum; unwrought or in semi-manufactured formses from Chile soared to 248 kg, increasing by 29% on 2021 figures. Over the period under review, exports, however, recorded a mild descent.

In value terms, exports of platinum; unwrought or in semi-manufactured formses contracted dramatically to $5.7M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $6.8M, and then reduced notably in the following year.

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

1. Switzerland (248.0 kg)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of platinum; unwrought or in semi-manufactured formses, when their volume decreased by -16.7% to 20 kg. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 114% against the previous year.

In value terms, imports of platinum; unwrought or in semi-manufactured formses contracted sharply to $82K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 156% against the previous year.

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

1. United States (17.0 kg)
2. Germany (1.0 kg)
3. Austria (1.0 kg)
4. China (1.0 kg)

Source: IndexBox Market Intelligence Platform