Price for Platinum; Unwrought or in Semi-Manufactured Forms in Myanmar - 2022
Contents:
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Myanmar (CIF) - 2022
- Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Myanmar
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Myanmar (CIF) - 2022
The average import price for platinum; unwrought or in semi-manufactured formses stood at $472,500 per ton in 2022, approximately reflecting the previous year. Overall, the import price recorded a noticeable decline. The growth pace was the most rapid in 2014 an increase of 191%. Over the period under review, average import prices hit record highs at $2,488,476 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($642,000 per ton), while the price for India totaled $303,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.7%), while the prices for the other major suppliers experienced a decline.
Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Myanmar
After two years of decline, supplies from abroad of platinum; unwrought or in semi-manufactured formses decreased by 0% to 2 kg in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, imports of platinum; unwrought or in semi-manufactured formses amounted to $945 in 2022. Overall, imports recorded a sharp downturn. The smallest decline of 99.9% was in 2020.
| Import of Platinum; Unwrought or in Semi-Manufactured Forms in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | N/A | N/A | 0.6 | -58.5% |
| India | 0.4 | N/A | N/A | 0.3 | -9.1% |
| South Korea | 32.0 | N/A | N/A | N/A | 0% |
| Japan | 17.5 | N/A | N/A | N/A | 0% |
| Singapore | 0.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 59.0 | N/A | N/A | 0.9 | -75.2% |
Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Myanmar in 2022:
- India (1.0 kg)
- China (1.0 kg)
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