Price for Metals; Platinum, Unwrought or in Powder Form in Indonesia - 2022

Contents:

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

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

The average import price for metals; platinum, unwrought or in powder forms stood at $5,182,000 per ton in 2022, surging by 104% against the previous year. Overall, the import price saw a slight expansion. The most prominent rate of growth was recorded in 2019 an increase of 143%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Japan ($18,290,000 per ton), while the price for Germany ($207,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Platinum, Unwrought or in Powder Form in Indonesia (FOB) - 2022

The average export price for metals; platinum, unwrought or in powder forms stood at $11,792,667 per ton in 2022, rising by 20% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 226% against the previous year. Over the period under review, the average export prices hit record highs at $17,039,333 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($30,293,000 per ton), while the average price for exports to Sweden ($25,000 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 Singapore (+30.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of metals; platinum, unwrought or in powder forms imported into Indonesia fell notably to 4 kg, with a decrease of -86.2% compared with 2021 figures. Overall, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 61%.

In value terms, imports of metals; platinum, unwrought or in powder forms fell significantly to $21K in 2022. Over the period under review, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year.

Import of Metals; Platinum, Unwrought or in Powder Form in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan34.78.73.518.3-19.2%
China0.20.10.11.8108.0%
Singapore71.00.335.20.4-82.2%
Germany0.60.10.10.2-30.7%
Hong Kong SAR84.320.817.5N/A-54.4%
South Korea14.46.26.0N/A-35.5%
United States0.81.110.6N/A264.0%
Others85.20.90.8N/A-90.3%
Total29138.373.820.7-58.6%

Top Suppliers of Metals; Platinum, Unwrought or in Powder Form to Indonesia in 2022:

  1. Japan (1.0 kg)
  2. Germany (1.0 kg)
  3. China (1.0 kg)
  4. Singapore (1.0 kg)

Exports of Metals; Platinum, Unwrought or in Powder Form in Indonesia

In 2022, overseas shipments of metals; platinum, unwrought or in powder forms were finally on the rise to reach 3 kg after two years of decline. Over the period under review, exports, however, faced a drastic downturn.

In value terms, exports of metals; platinum, unwrought or in powder forms skyrocketed to $35K in 2022. In general, exports, however, continue to indicate a dramatic downturn.

Export of Metals; Platinum, Unwrought or in Powder Form in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore68.943.016.530.3-24.0%
Germany13.78.13.15.1-28.1%
SwedenN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total82.651.119.635.4-24.6%

Top Export Markets for Metals; Platinum, Unwrought or in Powder Form from Indonesia in 2022:

  1. Sweden (1.0 kg)
  2. Germany (1.0 kg)
  3. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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