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

Contents:

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

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

The average import price for platinum; unwrought or in semi-manufactured formses stood at $75,993,223 per ton in 2022, growing by 24% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 86% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($87,404,152 per ton), while the price for Slovakia ($15,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for platinum; unwrought or in semi-manufactured formses stood at $26,245,016 per ton in 2022, falling by -32.5% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 124%. Over the period under review, the average export prices reached the maximum at $42,537,573 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($49,628,176 per ton), while the average price for exports to Greece ($1,323,036 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 Russia (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of platinum; unwrought or in semi-manufactured formses decreased by -24.6% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 131% against the previous year. As a result, imports attained the peak of 20 tons, and then declined significantly in the following year.

In value terms, imports of platinum; unwrought or in semi-manufactured formses shrank to $1.1B in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 115%. As a result, imports attained the peak of $1.2B, and then declined in the following year.

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

1. Italy (10.0 tons)
2. United Kingdom (4.5 tons)
3. Germany (0.3 tons)

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

In 2022, the amount of platinum; unwrought or in semi-manufactured formses exported from Poland reduced remarkably to 1.2 tons, waning by -40.9% on the previous year's figure. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. As a result, the exports reached the peak of 2 tons, and then contracted notably in the following year.

In value terms, exports of platinum; unwrought or in semi-manufactured formses fell sharply to $31M in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. As a result, the exports reached the peak of $77M, and then fell markedly in the following year.

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

1. Germany (533.0 kg)
2. Greece (392.0 kg)
3. Italy (62.0 kg)
4. Russia (51.0 kg)
5. Czech Republic (30.0 kg)

Source: IndexBox Market Intelligence Platform