Price for Metals; Palladium, Unwrought or in Powder Form in the Czech Republic - 2023

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in the Czech Republic (CIF) - 2023
2. Price for Metals; Palladium, Unwrought or in Powder Form in the Czech Republic (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in the Czech Republic
4. Exports of Metals; Palladium, Unwrought or in Powder Form in the Czech Republic

Price for Metals; Palladium, Unwrought or in Powder Form in the Czech Republic (CIF) - 2023

In August 2023, the average import price for metals; palladium, unwrought or in powder forms amounted to $43.5M per ton, increasing by 12% against the previous month. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 13% against the previous month. As a result, import price reached the peak level of $70,078 per kg. From May 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($51.2M per ton), while the price for Germany totaled $41.9M per ton.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (-4.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for metals; palladium, unwrought or in powder forms amounted to $51,659,889 per ton, surging by 28% against the previous year. Overall, the export price showed significant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 2,563% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($86,719,000 per ton), while the average price for exports to Russia ($1,576,000 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 Italy (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Palladium, Unwrought or in Powder Form in the Czech Republic

In 2022, imports of metals; palladium, unwrought or in powder forms into the Czech Republic declined to 98 kg, which is down by -12.5% on the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 112 kg, and then contracted in the following year.

In value terms, imports of metals; palladium, unwrought or in powder forms fell remarkably to $6.2M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports reached the peak of $8.5M, and then dropped sharply in the following year.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to the Czech Republic in 2022:

1. Germany (56.0 kg)
2. Italy (29.0 kg)
3. Ireland (10.0 kg)
4. United Kingdom (3.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in the Czech Republic

In 2022, exports of metals; palladium, unwrought or in powder forms from the Czech Republic soared to 27 kg, increasing by 50% compared with 2021 figures. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 500%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of metals; palladium, unwrought or in powder forms surged to $1.4M in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,213% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (16.0 kg)
2. Belgium (9.0 kg)
3. Italy (1.0 kg)
4. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform