Price for Platinum; Unwrought or in Semi-Manufactured Forms in Kazakhstan - 2022

Contents:

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

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $15,223,000 per ton, surging by 137% against the previous year. Overall, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 962% against the previous year. The import price peaked at $37,226,926 per ton in 2013; however, from 2014 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 Russia ($19,833,333 per ton), while the price for the United States totaled $1,392,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for platinum; unwrought or in semi-manufactured formses stood at $39,425,813 per ton in 2022, increasing by 9.1% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $47,365,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($47,252,400 per ton), while the average price for exports to Russia ($22,939,000 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 (+3.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 4 kg of platinum; unwrought or in semi-manufactured formses were imported into Kazakhstan; waning by -33.3% against the previous year's figure. Overall, imports continue to indicate a sharp decline. The growth pace was the most rapid in 2021 with an increase of 50%.

In value terms, imports of platinum; unwrought or in semi-manufactured formses skyrocketed to $61K in 2022. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,493% against the previous year.

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

1. Russia (3.0 kg)
2. United States (1.0 kg)

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

Exports of platinum; unwrought or in semi-manufactured formses from Kazakhstan dropped to 32 kg in 2022, reducing by -8.6% against the year before. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 13%.

In value terms, exports of platinum; unwrought or in semi-manufactured formses fell slightly to $1.3M in 2022. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 0.5%.

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

1. United Kingdom (21.0 kg)
2. Switzerland (10.0 kg)
3. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform