Price for Metals; Platinum, Unwrought or in Powder Form in New Zealand - 2024

Contents:

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

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

The average import price for metals; platinum, unwrought or in powder forms stood at $4,290,000 per ton in 2022, which is down by -71.6% against the previous year. In general, the import price recorded a abrupt setback. The growth pace was the most rapid in 2020 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $21,100 per kg. From 2021 to 2022, the average 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 Australia ($6,470,000 per ton), while the price for the United States totaled $2,110,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for metals; platinum, unwrought or in powder forms amounted to $593,000 per ton, flattening at the previous year. Overall, the export price showed a dramatic setback. The pace of growth was the most pronounced in 2013 when the average export price decreased by -44.3%. The export price peaked at $44,442,105 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -8.3% per year.

Imports of Metals; Platinum, Unwrought or in Powder Form in New Zealand

In 2022, purchases abroad of metals; platinum, unwrought or in powder forms decreased by -71.4% to 2 kg, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 242% against the previous year. As a result, imports reached the peak of 41 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of metals; platinum, unwrought or in powder forms shrank remarkably to $8.6K in 2022. Over the period under review, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 522% against the previous year. As a result, imports reached the peak of $865K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. United States (1.0 kg)
2. Australia (1.0 kg)

Exports of Metals; Platinum, Unwrought or in Powder Form in New Zealand

In 2022, exports of metals; platinum, unwrought or in powder forms from New Zealand amounted to 1 kg, stabilizing at the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of metals; platinum, unwrought or in powder forms stood at $593 in 2022. In general, exports showed a dramatic downturn. The smallest decline of -94% was in 2020.

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

1. Australia (1.0 kg)

Source: IndexBox Market Intelligence Platform