Metals; Palladium, Semi-Manufactured Price in China - 2023
Contents:
- Metals; Palladium, Semi-Manufactured Price in China (CIF) - 2022
- Metals; Palladium, Semi-Manufactured Price in China (FOB) - 2022
- Metals; Palladium, Semi-Manufactured Imports in China
- Metals; Palladium, Semi-Manufactured Exports in China
Metals; Palladium, Semi-Manufactured Price in China (CIF) - 2022
The average metals; palladium, semi-manufactured import price stood at $19,394,810 per ton in 2022, growing by 7.4% against the previous year. In general, the import price continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2020 an increase of 60%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
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 South Africa ($36,897,284 per ton), while the price for Hong Kong SAR ($1,556,670 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Palladium, Semi-Manufactured Price in China (FOB) - 2022
In 2022, the average metals; palladium, semi-manufactured export price amounted to $11,778,203 per ton, jumping by 42% against the previous year. Overall, the export price saw noticeable growth. The growth pace was the most rapid in 2013 an increase of 195%. The export price peaked at $28,764,000 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($55,587,284 per ton), while the average price for exports to Germany ($356,148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+234.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Palladium, Semi-Manufactured Imports in China
For the fourth consecutive year, China recorded growth in overseas purchases of metals; palladium, semi-manufactureds, which increased by 82% to 8.7 tons in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metals; palladium, semi-manufactured imports soared to $168M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 109%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Metals; Palladium, Semi-Manufactured in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 11.0 | 35.5 | 86.8 | 180.9% |
| South Africa | 0.1 | N/A | 7.8 | 28.4 | 557.3% |
| Switzerland | 0.7 | 14.0 | 9.5 | 22.9 | 219.8% |
| United States | 14.0 | 9.9 | 10.5 | 9.1 | -13.4% |
| Japan | 0.9 | 2.1 | 5.6 | 8.0 | 107.1% |
| Taiwan (Chinese) | 5.3 | 8.4 | 12.7 | 7.8 | 13.7% |
| Hong Kong SAR | N/A | N/A | N/A | 2.4 | 0% |
| South Korea | 0.7 | 2.7 | 2.8 | 0.8 | 4.6% |
| Others | 2.7 | 2.9 | 1.9 | 2.3 | -5.2% |
| Total | 24.4 | 51.0 | 86.3 | 168 | 90.2% |
Top Suppliers of Metals; Palladium, Semi-Manufactured to China in 2022:
- Russia (2500.0 kg)
- Taiwan (Chinese) (2006.0 kg)
- Hong Kong SAR (1550.0 kg)
- South Africa (770.0 kg)
- Switzerland (654.0 kg)
- Japan (578.0 kg)
- United States (418.0 kg)
- South Korea (118.0 kg)
Metals; Palladium, Semi-Manufactured Exports in China
After three years of growth, shipments abroad of metals; palladium, semi-manufactureds decreased by -58.2% to 100 kg in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. As a result, the exports attained the peak of 239 kg, and then declined markedly in the following year.
In value terms, metals; palladium, semi-manufactured exports declined rapidly to $1.2M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 133%. As a result, the exports attained the peak of $2M, and then dropped significantly in the following year.
| Export of Metals; Palladium, Semi-Manufactured in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 493 | 0% |
| Singapore | 207 | 436 | 482 | 338 | 17.8% |
| Taiwan (Chinese) | 246 | 291 | 273 | 118 | -21.7% |
| Vietnam | N/A | N/A | 20.3 | 118 | 481.3% |
| France | 96.3 | 110 | 114 | 74.1 | -8.4% |
| South Korea | 3.4 | N/A | 1,046 | N/A | 1654.0% |
| Others | 7.8 | 12.7 | 46.0 | 36.7 | 67.6% |
| Total | 561 | 850 | 1,981 | 1,177 | 28.0% |
Top Export Markets for Metals; Palladium, Semi-Manufactured from China in 2022:
- Singapore (46.0 kg)
- Taiwan (Chinese) (19.0 kg)
- Vietnam (13.0 kg)
- France (11.0 kg)
- United Kingdom (9.0 kg)
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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 China.
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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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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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262
Platinum imports experienced a significant increase to $334M in June 2023 in terms of value.
162
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.
2886
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...
1567
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...
2026
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
