Metals; Platinum, Semi-Manufactured Price in Japan - 2023
Contents:
- Metals; Platinum, Semi-Manufactured Price in Japan (FOB) - 2023
- Metals; Platinum, Semi-Manufactured Price in Japan (CIF) - 2023
- Metals; Platinum, Semi-Manufactured Exports in Japan
- Metals; Platinum, Semi-Manufactured Imports in Japan
Metals; Platinum, Semi-Manufactured Price in Japan (FOB) - 2023
In September 2023, the average metals; platinum, semi-manufactured export price amounted to $19.3M per ton, stabilizing at the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 31% against the previous month. Over the period under review, the average export prices attained the maximum at $27.7M per ton in December 2022; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($30.3M per ton), while the average price for exports to South Korea ($14.6M per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Platinum, Semi-Manufactured Price in Japan (CIF) - 2023
In September 2023, the average metals; platinum, semi-manufactured import price amounted to $36.2M per ton, stabilizing at the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 66% against the previous month. The import price peaked at $48.0M per ton in November 2022; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($46.1M per ton), while the price for Singapore ($13.9M per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Platinum, Semi-Manufactured Exports in Japan
In 2022, overseas shipments of metals; platinum, semi-manufactureds decreased by -10% to 16 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 1.5% against the previous year. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metals; platinum, semi-manufactured exports declined to $409M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of $446M, and then contracted in the following year.
| Export of Metals; Platinum, Semi-Manufactured in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 65.7 | 63.0 | 103 | 151 | 32.0% |
| United States | 28.7 | 34.8 | 49.4 | 90.1 | 46.4% |
| Malaysia | 63.8 | 75.4 | 53.2 | 40.2 | -14.3% |
| China | 27.8 | 39.2 | 49.0 | 35.3 | 8.3% |
| South Korea | 16.0 | 13.6 | 30.9 | 32.1 | 26.1% |
| Taiwan (Chinese) | 21.1 | 22.5 | 37.1 | 21.5 | 0.6% |
| Thailand | 31.5 | 22.0 | 14.5 | 12.9 | -25.7% |
| Hong Kong SAR | 66.3 | 44.4 | 89.1 | 1.4 | -72.4% |
| Others | 16.2 | 9.6 | 19.4 | 24.6 | 14.9% |
| Total | 337 | 324 | 446 | 409 | 6.7% |
Top Export Markets for Metals; Platinum, Semi-Manufactured from Japan in 2022:
- Hong Kong SAR (undefined tons)
- Singapore (6.6 tons)
- Malaysia (2.8 tons)
- China (2.4 tons)
- United States (1.6 tons)
- Taiwan (Chinese) (0.8 tons)
- Thailand (0.7 tons)
- South Korea (0.5 tons)
Metals; Platinum, Semi-Manufactured Imports in Japan
After three years of growth, overseas purchases of metals; platinum, semi-manufactureds decreased by -40.1% to 2.5 tons in 2022. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 5.1%.
In value terms, metals; platinum, semi-manufactured imports plummeted to $109M in 2022. Over the period under review, imports recorded a slight curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 28%.
| Import of Metals; Platinum, Semi-Manufactured in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 77.9 | 83.4 | 57.9 | 35.6 | -23.0% |
| South Korea | 5.7 | 4.4 | 17.8 | 21.2 | 54.9% |
| United Kingdom | 11.0 | 17.7 | 26.2 | 18.5 | 18.9% |
| Switzerland | 13.6 | 18.7 | 19.1 | 18.2 | 10.2% |
| Germany | 2.8 | 7.2 | 14.8 | 7.4 | 38.3% |
| Singapore | N/A | 9.3 | 8.2 | 4.9 | -27.4% |
| United States | 2.3 | 2.7 | 3.6 | 2.1 | -3.0% |
| Others | 0.7 | 2.2 | 1.1 | 0.7 | 0.0% |
| Total | 114 | 146 | 149 | 109 | -1.5% |
Top Suppliers of Metals; Platinum, Semi-Manufactured to Japan in 2022:
- Taiwan (Chinese) (1004.0 kg)
- Switzerland (575.0 kg)
- United Kingdom (302.0 kg)
- South Korea (266.0 kg)
- Germany (259.0 kg)
- Singapore (60.0 kg)
- United States (56.0 kg)
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This report provides an in-depth analysis of the platinum market in Japan.
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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 Japan.
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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...
1599
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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