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

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

The average import price for metals; platinum, unwrought or in powder forms stood at $28,466,000 per ton in 2022, surging by 2,112% against the previous year. In general, the import price, however, recorded a noticeable decline. The import price peaked at $34,479,907 per ton in 2015; however, from 2016 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 Italy ($28,793,425 per ton), while the price for the Netherlands stood at $2,272,000 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.9%).

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

In 2022, the amount of metals; platinum, unwrought or in powder forms imported into Lithuania skyrocketed to 81 kg, jumping by 2,600% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of metals; platinum, unwrought or in powder forms soared to $2.3M in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent.