Price for Platinum; Unwrought or in Semi-Manufactured Forms in Hungary - 2023
Contents:
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Hungary (FOB) - 2022
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Hungary (CIF) - 2022
- Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Hungary
- Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Hungary
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Hungary (FOB) - 2022
In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $24,996,753 per ton, growing by 11% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The pace of growth was the most pronounced in 2015 an increase of 16%. Over the period under review, the average export prices reached the maximum at $40,397,707 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($84,203,154 per ton), while the average price for exports to Mauritius ($18,837,400 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 Slovakia (+165.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Hungary (CIF) - 2022
In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $44,135,582 per ton, with an increase of 353% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($81,346,000 per ton), while the price for the United States ($3,884,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+40.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Hungary
In 2022, shipments abroad of platinum; unwrought or in semi-manufactured formses decreased by -52.8% to 275 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 218% against the previous year.
In value terms, exports of platinum; unwrought or in semi-manufactured formses fell dramatically to $6.9M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 224%.
| Export of Platinum; Unwrought or in Semi-Manufactured Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.9 | 5.8 | 10.5 | 5.4 | 41.6% |
| Italy | N/A | 1.7 | 2.5 | 1.1 | -19.6% |
| Slovakia | N/A | N/A | N/A | 0.3 | 0% |
| Mauritius | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Total | 2.4 | 7.7 | 13.1 | 6.9 | 42.2% |
Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from Hungary in 2022:
- Germany (251.0 kg)
- Italy (13.0 kg)
- Mauritius (5.0 kg)
- Slovakia (5.0 kg)
Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Hungary
In 2022, after three years of growth, there was significant decline in supplies from abroad of platinum; unwrought or in semi-manufactured formses, when their volume decreased by -95.6% to 110 kg. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,667% against the previous year. As a result, imports attained the peak of 2.5 tons, and then dropped rapidly in the following year.
In value terms, imports of platinum; unwrought or in semi-manufactured formses shrank notably to $4.9M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 797% against the previous year. As a result, imports reached the peak of $24M, and then declined sharply in the following year.
| Import of Platinum; Unwrought or in Semi-Manufactured Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.2 | 0.2 | 0.8 | 3.0 | 146.6% |
| Germany | 0.2 | 1.2 | 14.1 | 1.6 | 100.0% |
| United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| Romania | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 8.8 | N/A | 0% |
| Others | 0.1 | 1.3 | 0.8 | N/A | 182.8% |
| Total | 0.5 | 2.7 | 24.5 | 4.9 | 114.0% |
Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Hungary in 2022:
- Italy (59.0 kg)
- Germany (33.0 kg)
- United States (11.0 kg)
- United Kingdom (2.0 kg)
- Austria (2.0 kg)
441
This report provides an in-depth analysis of the platinum market in Hungary.
1029
This report provides an in-depth analysis of the global platinum market.
441
This report provides an in-depth analysis of the platinum market in Hungary.
1029
This report provides an in-depth analysis of the global platinum market.
156
Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
2885
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1564
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
2025
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
156
Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
2885
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1564
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
2025
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
