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

Contents:

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

Price for Metals; Palladium, Unwrought or in Powder Form in Turkey (FOB) - 2023

The average export price for metals; palladium, unwrought or in powder forms stood at $32.2M per ton in July 2023, waning by -11.9% against the previous month. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 22% against the previous month. The export price peaked at $50.6M per ton in November 2022; however, from December 2022 to July 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From November 2022 to July 2023, the rate of growth in terms of prices for Italy amounted to -5.5% per month.

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

The average import price for metals; palladium, unwrought or in powder forms stood at $1,648,000 per ton in 2022, with a decrease of -94.2% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 329% against the previous year. The import price peaked at $34,773,000 per ton in 2020; however, from 2021 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +21.4% per year.

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

In 2022, the amount of metals; palladium, unwrought or in powder forms exported from Turkey stood at 633 kg, increasing by 14% compared with 2021 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 24,700% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of metals; palladium, unwrought or in powder forms shrank to $35M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 29,991% against the previous year.

Export of Metals; Palladium, Unwrought or in Powder Form in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A1.235.130.8406.6%
SwitzerlandN/A3.13.34.216.4%
GermanyN/A5.32.0N/A-62.3%
OthersN/AN/AN/AN/A0%
TotalN/A9.740.435.090.0%

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

  1. Italy (543.0 kg)
  2. Switzerland (90.0 kg)

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

In 2022, the amount of metals; palladium, unwrought or in powder forms imported into Turkey fell dramatically to 1 kg, reducing by -80% against the year before. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 150%.

In value terms, imports of metals; palladium, unwrought or in powder forms declined notably to $1.6K in 2022. Overall, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 105%.

Import of Metals; Palladium, Unwrought or in Powder Form in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.0N/A8.31.6-61.5%
Japan295N/AN/AN/A0%
Switzerland56.2N/AN/AN/A0%
Germany5.369.5117N/A369.8%
GeorgiaN/AN/A16.9N/A0%
OthersN/AN/AN/AN/A0%
Total38569.51431.6-83.9%

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

  1. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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