Price for Platinum; Unwrought or in Semi-Manufactured Forms in Greece - 2023

Contents:

  1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Greece (FOB) - 2022
  2. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Greece (CIF) - 2022
  3. Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Greece
  4. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Greece

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Greece (FOB) - 2022

In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $44,513,818 per ton, growing by 270% against the previous year. In general, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,341%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($71,876,060 per ton), while the average price for exports to Germany ($6,257,382 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 the UK (+105.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Greece (CIF) - 2022

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $1,034,616 per ton, growing by 23% against the previous year. In general, the import price showed a strong expansion. The growth pace was the most rapid in 2013 when the average import price increased by 148% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,059,187 per ton), while the price for Germany ($367,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Greece

In 2022, after three years of growth, there was significant decline in shipments abroad of platinum; unwrought or in semi-manufactured formses, when their volume decreased by -78.2% to 88 kg. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 286% against the previous year.

In value terms, exports of platinum; unwrought or in semi-manufactured formses declined notably to $3.9M in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 890%. As a result, the exports reached the peak of $4.9M, and then contracted rapidly in the following year.

Export of Platinum; Unwrought or in Semi-Manufactured Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A3,5940%
Germany3.64751,875213289.7%
ItalyN/AN/AN/A66.10%
Belgium38.815.643.2N/A5.5%
Czech RepublicN/AN/A2,839N/A0%
Others83.10.510144.6-18.7%
Total1264914,8593,917214.4%

Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from Greece in 2022:

  1. United Kingdom (50.0 kg)
  2. Germany (34.0 kg)
  3. Italy (2.0 kg)

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Greece

In 2022, purchases abroad of platinum; unwrought or in semi-manufactured formses was finally on the rise to reach 1.6 tons after two years of decline. Over the period under review, imports continue to indicate pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of platinum; unwrought or in semi-manufactured formses skyrocketed to $1.7M in 2022. In general, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Platinum; Unwrought or in Semi-Manufactured Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom18.89.99.11,503330.8%
Austria67.250.211146.3-11.7%
Germany45.775.485.637.1-6.7%
ItalyN/A1.80.131.3317.0%
France494N/AN/A2.2-83.5%
Others51718.746.753.0-53.2%
Total1,1421562521,67313.6%

Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Greece in 2022:

  1. United Kingdom (1419.0 kg)
  2. Germany (101.0 kg)
  3. Italy (70.0 kg)
  4. Austria (11.0 kg)
  5. France (4.0 kg)

Source: IndexBox Market Intelligence Platform

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