Price for Platinum; Unwrought or in Semi-Manufactured Forms in Oman - 2022
Contents:
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Oman (CIF) - 2022
- Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Oman
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Oman (CIF) - 2022
In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $1,886,500 per ton, with an increase of 7.4% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 920%. As a result, import price reached the peak level of $177,746 per kg. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,291,000 per ton), while the price for the United Arab Emirates stood at $1,482,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+41.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Oman
In 2022, overseas purchases of platinum; unwrought or in semi-manufactured formses decreased by -66.7% to 2 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a sharp decrease. The smallest decline of -50% was in 2020.
In value terms, imports of platinum; unwrought or in semi-manufactured formses fell sharply to $3.8K in 2022. Overall, imports saw a dramatic curtailment. The smallest decline of -64.1% was in 2020.
| Import of Platinum; Unwrought or in Semi-Manufactured Forms in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.0 | 5.4 | 0.9 | 2.3 | -40.6% |
| United Arab Emirates | 126 | 47.9 | 5.9 | 1.5 | -77.2% |
| Thailand | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Germany | 1.9 | 1.0 | 0.2 | N/A | -67.6% |
| India | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Netherlands | 19.0 | N/A | N/A | N/A | 0% |
| United States | 62.8 | 27.5 | 3.6 | N/A | -76.1% |
| Others | 7.0 | N/A | N/A | N/A | 0% |
| Total | 229 | 82.0 | 10.5 | 3.8 | -74.5% |
Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Oman in 2022:
- United Kingdom (1.0 kg)
- United Arab Emirates (1.0 kg)
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