Price for Platinum; Unwrought or in Semi-Manufactured Forms in Morocco - 2023
Contents:
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Morocco (CIF) - 2022
- Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Morocco
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Morocco (CIF) - 2022
The average import price for platinum; unwrought or in semi-manufactured formses stood at $38,919,389 per ton in 2022, increasing by 138% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Italy ($46,915,500 per ton), while the price for Japan ($694,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Morocco
In 2022, overseas purchases of platinum; unwrought or in semi-manufactured formses decreased by -70% to 18 kg, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports attained the peak of 61 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of platinum; unwrought or in semi-manufactured formses dropped dramatically to $701K in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 218% against the previous year.
| Import of Platinum; Unwrought or in Semi-Manufactured Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 145 | 378 | 707 | 657 | 65.5% |
| France | 38.8 | 165 | 116 | 37.6 | -1.0% |
| Germany | 0.6 | 106 | 130 | 5.5 | 109.3% |
| Japan | N/A | N/A | N/A | 0.7 | 0% |
| Belgium | 1.1 | 13.9 | 8.5 | N/A | 178.0% |
| Austria | 0.8 | 0.8 | 0.3 | N/A | -38.8% |
| United States | 25.4 | 35.1 | 19.1 | N/A | -13.3% |
| Others | 8.9 | 1.0 | 0.5 | N/A | -76.3% |
| Total | 220 | 700 | 981 | 701 | 47.2% |
Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Morocco in 2022:
- Italy (14.0 kg)
- France (2.0 kg)
- Japan (1.0 kg)
- Germany (1.0 kg)
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This report provides an in-depth analysis of the platinum market in Morocco.
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This report provides an in-depth analysis of the global platinum market.
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This report provides an in-depth analysis of the platinum market in Morocco.
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This report provides an in-depth analysis of the global platinum market.
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