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

Contents:

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

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

The average export price for metals; platinum, unwrought or in powder forms stood at $33,164,750 per ton in 2022, rising by 23% against the previous year. In general, the export price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2015 an increase of 52% against the previous year. Over the period under review, the average export prices hit record highs at $50,007,000 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($33,937,714 per ton), while the average price for exports to Switzerland totaled $27,754,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-6.5%).

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

The average import price for metals; platinum, unwrought or in powder forms stood at $819,000 per ton in 2022, declining by -60.3% against the previous year. Overall, the import price showed a dramatic descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23,943% against the previous year. The import price peaked at $49,751,162 per ton in 2013; however, from 2014 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +114.8% per year.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of metals; platinum, unwrought or in powder forms, when their volume decreased by -61.9% to 8 kg. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 64% against the previous year.

In value terms, exports of metals; platinum, unwrought or in powder forms dropped sharply to $265K in 2022. Over the period under review, exports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 50%.

Export of Metals; Platinum, Unwrought or in Powder Form in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A2380%
Switzerland24438454227.8-51.5%
Germany30.426.722.8N/A-13.4%
NetherlandsN/AN/A0.8N/A0%
OthersN/AN/AN/AN/A0%
Total274410565265-1.1%

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

  1. Hong Kong SAR (7.0 kg)
  2. Switzerland (1.0 kg)

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

In 2022, the amount of metals; platinum, unwrought or in powder forms imported into Serbia fell dramatically to 1 kg, reducing by -66.7% on the previous year's figure. Overall, imports showed a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 200%. As a result, imports reached the peak of 3 kg, and then fell significantly in the following year.

In value terms, imports of metals; platinum, unwrought or in powder forms contracted dramatically to $819 in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 740%. As a result, imports reached the peak of $6.2K, and then reduced dramatically in the following year.

Import of Metals; Platinum, Unwrought or in Powder Form in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.60.71.40.810.1%
CroatiaN/AN/A4.3N/A0%
United KingdomN/AN/AN/AN/A0%
NetherlandsN/AN/A0.5N/A0%
OthersN/AN/AN/AN/A0%
Total0.60.76.20.810.1%

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

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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