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

Contents:

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

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

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $1,073,000 per ton, shrinking by -83.2% against the previous year. In general, the import price saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 228%. The import price peaked at $40,609,750 per ton in 2012; however, from 2013 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 the United States amounted to -6.1% per year.

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

The average export price for metals; platinum, unwrought or in powder forms stood at $43,168,000 per ton in 2022, flattening at the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for metals; platinum, unwrought or in powder forms increased by +100.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($73,287,000 per ton), while the average price for exports to Russia stood at $13,049,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+34.3%).

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

After two years of decline, purchases abroad of metals; platinum, unwrought or in powder forms decreased by -66.7% to 1 kg in 2022. Overall, imports faced a sharp decrease. The smallest decline of -25% was in 2020.

In value terms, imports of metals; platinum, unwrought or in powder forms declined rapidly to $1.1K in 2022. Over the period under review, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 228% against the previous year.

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

1. United States (1.0 kg)

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

In 2022, approx. 2 kg of metals; platinum, unwrought or in powder forms were exported from Kazakhstan; approximately equating the previous year's figure. Over the period under review, exports saw a dramatic downturn. The smallest decline of -25% was in 2020.

In value terms, exports of metals; platinum, unwrought or in powder forms amounted to $86K in 2022. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Switzerland (1.0 kg)
2. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform