Price for Metals; Palladium, Unwrought or in Powder Form in Luxembourg - 2023

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Luxembourg (FOB) - 2022
2. Price for Metals; Palladium, Unwrought or in Powder Form in Luxembourg (CIF) - 2022
3. Exports of Metals; Palladium, Unwrought or in Powder Form in Luxembourg
4. Imports of Metals; Palladium, Unwrought or in Powder Form in Luxembourg

Price for Metals; Palladium, Unwrought or in Powder Form in Luxembourg (FOB) - 2022

In 2022, the average export price for metals; palladium, unwrought or in powder forms amounted to $3,659,000 per ton, dropping by -32.2% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 11,773% against the previous year. Over the period under review, the average export prices hit record highs at $8,145,919 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,523,000 per ton), while the average price for exports to the Netherlands ($6,000 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1,544.9%), while the prices for the other major destinations experienced a decline.

Price for Metals; Palladium, Unwrought or in Powder Form in Luxembourg (CIF) - 2022

In 2022, the average import price for metals; palladium, unwrought or in powder forms amounted to $5,269,333 per ton, surging by 37% against the previous year. Overall, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 13,871%. Over the period under review, average import prices reached the maximum at $9,288,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -5.5% per year.

Exports of Metals; Palladium, Unwrought or in Powder Form in Luxembourg

In 2022, the amount of metals; palladium, unwrought or in powder forms exported from Luxembourg rose significantly to 8 kg, increasing by 14% against the year before. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 40%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of metals; palladium, unwrought or in powder forms dropped dramatically to $29K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 14,742% against the previous year.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Luxembourg in 2022:

1. France (4.0 kg)
2. Germany (2.0 kg)
3. Switzerland (1.0 kg)
4. Netherlands (1.0 kg)

Imports of Metals; Palladium, Unwrought or in Powder Form in Luxembourg

After two years of growth, purchases abroad of metals; palladium, unwrought or in powder forms decreased by 0% to 3 kg in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 200%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of metals; palladium, unwrought or in powder forms skyrocketed to $16K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 604% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Luxembourg in 2022:

1. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform