Price for Metals; Platinum, Unwrought or in Powder Form in Chile - 2023

Price for Metals; Platinum, Unwrought or in Powder Form in Chile (CIF) - 2022

The average import price for metals; platinum, unwrought or in powder forms stood at $2,582,000 per ton in 2022, shrinking by -87.3% against the previous year. Overall, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 725% against the previous year. Over the period under review, average import prices hit record highs at $46,306,645 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the United States amounted to -27.1% per year.

Imports of Metals; Platinum, Unwrought or in Powder Form in Chile

In 2022, after two years of growth, there was significant decline in overseas purchases of metals; platinum, unwrought or in powder forms, when their volume decreased by -50% to 1 kg. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, imports reached the peak of 2 kg, and then declined remarkably in the following year.

In value terms, imports of metals; platinum, unwrought or in powder forms reduced sharply to $2.6K in 2022. Overall, imports faced a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, imports reached the peak of $41K, and then fell markedly in the following year.