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

Contents:

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

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $29,597,570 per ton, dropping by -59.9% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 268%. Over the period under review, average import prices reached the peak figure at $73,784,152 per ton in 2021, and then declined remarkably in the following year.

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 the UK ($73,527,800 per ton), while the price for Poland ($3,062,500 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 (+77.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2020, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $42,406,500 per ton, declining by -2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 52%. The export price peaked at $43,252,571 per ton in 2019, and then dropped slightly in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for Italy amounted to +97.2% per year.

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

Imports of platinum; unwrought or in semi-manufactured formses into Lithuania skyrocketed to 93 kg in 2022, increasing by 182% against the year before. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 228% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of platinum; unwrought or in semi-manufactured formses rose remarkably to $2.8M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 239% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Italy (80.0 kg)
2. United Kingdom (5.0 kg)
3. Poland (4.0 kg)
4. Switzerland (2.0 kg)

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

Exports of platinum; unwrought or in semi-manufactured formses from Lithuania reduced remarkably to 2 kg in 2020, which is down by -71.4% against the year before. In general, exports recorded a dramatic downturn.

In value terms, exports of platinum; unwrought or in semi-manufactured formses declined dramatically to $85K in 2020. Over the period under review, exports faced a significant curtailment.

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

1. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform