Price for Platinum; Unwrought or in Semi-Manufactured Forms in Kuwait - 2022

Contents:

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

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

The average export price for platinum; unwrought or in semi-manufactured formses stood at $34,834,647 per ton in 2022, remaining constant against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($34,934,000 per ton), while the average price for exports to India totaled $34,793,250 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+33.5%).

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

The average import price for platinum; unwrought or in semi-manufactured formses stood at $42,302,667 per ton in 2022, increasing by 54% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 89% against the previous year. The import price peaked at $86,358,167 per ton in 2013; however, from 2014 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 United States.

From 2013 to 2022, the rate of growth in terms of prices for Switzerland amounted to +88.5% per year.

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

After two years of decline, shipments abroad of platinum; unwrought or in semi-manufactured formses decreased by 0% to 17 kg in 2022. In general, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of platinum; unwrought or in semi-manufactured formses stood at $592K in 2022. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. India (12.0 kg)
2. France (5.0 kg)

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

After three years of growth, supplies from abroad of platinum; unwrought or in semi-manufactured formses decreased by -85% to 3 kg in 2022. Over the period under review, imports showed a sharp decline. The growth pace was the most rapid in 2020 with an increase of 100%.

In value terms, imports of platinum; unwrought or in semi-manufactured formses fell sharply to $127K in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 170%.

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

1. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform