Which Country Imports the Most Platinum in the World?

Basic Precious Metals May 28, 2018
Author: Anna Sergeeva
Market Analyst

Which Country Imports the Most Platinum in the World?

IndexBox has just published a new report "World: Plastic Tubes, Pipes And Hoses, And Fitting Therefor ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global plastic tube and pipe imports stood at 8M tonnes, surging by 4% against the previous year figure. The total import volume increased at an average annual rate of +3.1% over the period from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015, when import increased by 9% y;o;y. Over the period under review, global plastic tube and pipe imports attained its maximum volume in 2016, and are likely to see steady growth in the immediate term.

In value terms, plastic tube and pipe imports stood at $21B in 2016. The total import value increased at an average annual rate of +2.8% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global plastic tube and pipe import peaked of $23B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Plastic Tube And Pipe Importing Countries in the World

1. USA (1,842.6 million USD)

2. Germany (1,560.2 million USD)

3. Mexico (1,336.6 million USD)

4. France (1,052.1 million USD)

5. China (911.9 million USD)

6. Canada (615.4 million USD)

7. Poland (570.0 million USD)

8. Italy (521.0 million USD)

9. Spain (359.9 million USD)

10. Turkey (209.4 million USD)

11. Mozambique (18.2 million USD)

Plastic Tube And Pipe Imports By Country

In 2016, Mozambique (1.4M tonnes), distantly followed by China (585K tonnes), the U.S. (523K tonnes), Germany (518K tonnes), and Turkey (364K tonnes) were the key importers of plastic tube and pipe, together generating 42% of total imports. Italy (340K tonnes), Mexico (311K tonnes), France (250K tonnes), Spain (176K tonnes), Poland (153K tonnes), and Canada (145K tonnes) followed a long way behind this figure.

Mozambique was also the fastest growing in terms of the plastic tube and pipe imports, with a CAGR of +42.7% from 2007 to 2016. At the same time, Spain (+3.1%), Canada (+2.3%), the U.S. (+1.8%), Turkey (+1.5%), and Poland (+1.3%) displayed positive paces of growth. China, France, Germany, and Italy experienced a relatively flat trend pattern. By contrast, Mexico (;1.7%) illustrated a downward trend over the same period. While the share of Mozambique (;16.3%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic tube and pipe markets worldwide were the U.S. ($1.8B), Germany ($1.6B) and Mexico ($1.3B), together comprising 22% of global imports.France, China, Canada, Poland, Italy, Spain, Turkey and Mozambique lagged somewhat behind, together accounting for a further 20%.

China (+7.8% per year) had the highest rates of growth with regard to the plastic tube and pipe imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Plastic Tube And Pipe Import Prices By Country

The average plastic tube and pipe import price stood at $2,667 per tonne in 2016, descending by ;4.2% against the previous year. Overall, plastic tube and pipe import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when import increased by 15% y;o;y. Over the period under review, average plastic tube and pipe import price attained its maximum level of $3,298 per tonne in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Mexico ($4,305 per tonne), while Mozambique ($13 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of plastic tube and pipe import prices was attained by China (+7.1% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global plastic tube and pipe market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • plastic tube and pipe market share
  • plastic tube and pipe prices
  • plastic tube and pipe industry
  • plastic tube and pipe sales
  • plastic tube and pipe import
  • plastic tube and pipe export
  • plastic tube and pipe market forecast
  • plastic tube and pipe price forecast
  • key plastic tube and pipe producers

All data provided in this article covers the following product: HS Code 3917 ; Tubes, pipes and hoses and fittings thereof (for example, joints, elbows, flanges), of plastics.

Source: World: Plastic Tubes, Pipes And Hoses, And Fitting Therefor ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Platinum - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, approx. 11K tonnes of platinum were imported worldwide- jumping by 75% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016, when import increased by 75% year-to-year. In that year, global platinum imports reached its maximum volume, and are likely to continue its growth in the immediate term.

In value terms, platinum imports amounted to $22B in 2016. In general, platinum imports continue to indicate a drastic curtailment. Global platinum import peaked of $39B in 2008- however, from 2009 to 2016, it failed to regain its strength.

Top Platinum Importing Countries in the World

1. United Kingdom (2,275.2 million USD)

2. Italy (1,262.1 million USD)

3. Spain (43.9 million USD)

4. Slovakia (39.7 million USD)

5. Czech Republic (33.8 million USD)

6. South Africa (18.5 million USD)

7. Hungary (0.4 million USD)

Platinum Imports By Country

In 2016, Hungary (4.5K tonnes) was the largest importer for platinum, making up 43% of total imports. Czech Republic (1.8K tonnes) took the second position in the ranking, distantly followed by Slovakia (566 tonnes), South Africa (564 tonnes), the UK (505 tonnes), and Spain (476 tonnes). All these countries together took near 38% share of total imports. The following importers - Italy (441 tonnes) occupied approx. 4% of total imports, each.

Hungary was also the fastest growing in terms of the platinum imports, with a CAGR of +140.3% from 2007 to 2016. At the same time, Slovakia (+5.5%), and South Africa (+1.1%) displayed positive paces of growth. Italy, Spain, and Czech Republic experienced a relatively flat trend pattern. By contrast, the UK (-3.3%) illustrated a downward trend over the same period. From 2007 to 2016, the share of the UK increased by 2% percentage points, while Slovakia (-2.1%), and Hungary (-43.2%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest platinum markets worldwide were the UK ($2.3B), Italy ($1.3B) and Spain ($44M), together accounting for 16% of global imports.

The UK (+2.7% per year) had the highest growth rate of platinum imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced a decline in the imports figures.

Platinum Import Prices By Country

In 2016, the average import price for platinum amounted to $2.1K per kg, falling by -46.9% against the previous year. Overall, platinum import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2010, when import price increased by 27% year-to-year. Over the period under review, average platinum import price reached its maximum level of $5.4K per kg in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the UK ($4.5K per kg), while Hungary ($87 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of platinum import prices was attained by the UK (+6.2% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global platinum market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • platinum market share
  • platinum prices
  • platinum industry
  • platinum sales
  • platinum import
  • platinum export
  • platinum market forecast
  • platinum price forecast
  • key platinum producers

All data provided in this article covers the following product: HS Code 7110 - Platinum- unwrought or in semi-manufactured forms, or in powder form.

Source: World: Platinum - Market Report. Analysis and Forecast to 2025