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

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Serbia (FOB) - 2022
2. Exports of Metals; Palladium, Unwrought or in Powder Form in Serbia

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

The average export price for metals; palladium, unwrought or in powder forms stood at $68,266,468 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The growth pace was the most rapid in 2019 an increase of 48%. Over the period under review, the average export prices hit record highs at $68,375,313 per ton in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($76,354,205 per ton), while the average price for exports to Germany ($45,334,148 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 the UK (+47.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of metals; palladium, unwrought or in powder forms exported from Serbia shrank dramatically to 111 kg, waning by -26% against the previous year's figure. In general, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports attained the peak of 150 kg, and then contracted markedly in the following year.

In value terms, exports of metals; palladium, unwrought or in powder forms contracted rapidly to $7.6M in 2022. Overall, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, the exports attained the peak of $10M, and then fell remarkably in the following year.

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

1. Hong Kong SAR (45.0 kg)
2. Switzerland (39.0 kg)
3. Germany (27.0 kg)

Source: IndexBox Market Intelligence Platform