Price for Metals; Palladium, Unwrought or in Powder Form in the United Arab Emirates - 2022

Contents:

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

Price for Metals; Palladium, Unwrought or in Powder Form in the United Arab Emirates (FOB) - 2022

The average export price for metals; palladium, unwrought or in powder forms stood at $20,739,042 per ton in 2022, which is down by -10.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 13%. As a result, the export price reached the peak level of $27,295 per kg. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($37,286,000 per ton), while the average price for exports to Turkey ($143,000 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 (+88.6%), while the prices for the other major destinations experienced a decline.

Price for Metals; Palladium, Unwrought or in Powder Form in the United Arab Emirates (CIF) - 2022

The average import price for metals; palladium, unwrought or in powder forms stood at $25,854,071 per ton in 2022, declining by -9.9% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2017 an increase of 81% against the previous year. Over the period under review, average import prices reached the maximum at $30,396,636 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 the UK ($44,665,250 per ton), while the price for Germany ($22,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Metals; Palladium, Unwrought or in Powder Form in the United Arab Emirates

In 2022, the amount of metals; palladium, unwrought or in powder forms exported from the United Arab Emirates dropped to 24 kg, shrinking by -14.3% against 2021. Overall, exports saw a sharp decrease. The smallest decline of -9.7% was in 2021.

In value terms, exports of metals; palladium, unwrought or in powder forms declined sharply to $498K in 2022. In general, exports saw a precipitous curtailment.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from the United Arab Emirates in 2022:

1. Switzerland (12.0 kg)
2. South Africa (6.0 kg)
3. Turkey (1.0 kg)
4. Italy (1.0 kg)
5. India (1.0 kg)
6. United Kingdom (1.0 kg)
7. Iraq (1.0 kg)
8. Russia (1.0 kg)

Imports of Metals; Palladium, Unwrought or in Powder Form in the United Arab Emirates

Imports of metals; palladium, unwrought or in powder forms into the United Arab Emirates fell remarkably to 14 kg in 2022, declining by -26.3% against the year before. Over the period under review, imports recorded a abrupt downturn. The smallest decline of -13.6% was in 2021.

In value terms, imports of metals; palladium, unwrought or in powder forms declined notably to $362K in 2022. In general, imports faced a precipitous contraction. The smallest decline of -18.5% was in 2020.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to the United Arab Emirates in 2022:

1. United Kingdom (4.0 kg)
2. Switzerland (4.0 kg)
3. Colombia (3.0 kg)
4. United States (1.0 kg)
5. Germany (1.0 kg)
6. Bolivia (1.0 kg)

Source: IndexBox Market Intelligence Platform