Metals; Palladium, Semi-Manufactured Price in the UK - 2023

Contents:

1. Metals; Palladium, Semi-Manufactured Price in the UK (CIF) - 2022
2. Metals; Palladium, Semi-Manufactured Price in the UK (FOB) - 2022
3. Metals; Palladium, Semi-Manufactured Imports in the UK
4. Metals; Palladium, Semi-Manufactured Exports in the UK

Metals; Palladium, Semi-Manufactured Price in the UK (CIF) - 2022

In 2022, the average metals; palladium, semi-manufactured import price amounted to $67,623,695 per ton, which is down by -4.8% against the previous year. In general, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 108% against the previous year. The import price peaked at $71,001,555 per ton in 2021, and then declined in the following year.

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 ($78,999,784 per ton), while the price for Germany ($26,533,737 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Palladium, Semi-Manufactured Price in the UK (FOB) - 2022

The average metals; palladium, semi-manufactured export price stood at $65,927,902 per ton in 2022, which is down by -12.8% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2017 an increase of 55% against the previous year. Over the period under review, the average export prices reached the peak figure at $75,573,668 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($78,992,045 per ton), while the average price for exports to Poland ($2,486,212 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 Taiwan (Chinese) (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Palladium, Semi-Manufactured Imports in the UK

Metals; palladium, semi-manufactured imports into the UK contracted significantly to 8.4 tons in 2022, declining by -74.4% against the year before. Over the period under review, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 12%.

In value terms, metals; palladium, semi-manufactured imports shrank remarkably to $567M in 2022. Overall, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year.

Top Suppliers of Metals; Palladium, Semi-Manufactured to the UK in 2022:

1. Russia (4.3 tons)
2. South Africa (1.6 tons)
3. Switzerland (1.4 tons)
4. United States (0.6 tons)
5. Germany (0.4 tons)

Metals; Palladium, Semi-Manufactured Exports in the UK

For the third consecutive year, the UK recorded decline in shipments abroad of metals; palladium, semi-manufactureds, which decreased by -36.6% to 15 tons in 2022. Over the period under review, exports saw a abrupt decrease. The smallest decline of -4.8% was in 2020.

In value terms, metals; palladium, semi-manufactured exports contracted rapidly to $976M in 2022. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year.

Top Export Markets for Metals; Palladium, Semi-Manufactured from the UK in 2022:

1. Hong Kong SAR (10.2 tons)
2. Switzerland (2.8 tons)
3. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform