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

Contents:

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

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

The average import price for platinum; unwrought or in semi-manufactured formses stood at $3,148,090 per ton in 2022, waning by -8.1% against the previous year. Overall, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 178%. Over the period under review, average import prices reached the peak figure at $22,496,428 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($13,242,533 per ton), while the price for the Czech Republic ($131,056 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $13,598,796 per ton, reducing by -5.9% against the previous year. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in 2017 an increase of 173% against the previous year. The export price peaked at $59,548,474 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($32,560,915 per ton), while the average price for exports to Germany ($7,602,000 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 Portugal (+24.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of platinum; unwrought or in semi-manufactured formses into Spain surged to 44 tons, growing by 31% on the previous year's figure. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 307%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of platinum; unwrought or in semi-manufactured formses soared to $138M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 303% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. South Korea (19.6 tons)
2. Italy (8.5 tons)
3. United Kingdom (6.4 tons)
4. Germany (5.7 tons)
5. Czech Republic (2.7 tons)

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

After three years of growth, overseas shipments of platinum; unwrought or in semi-manufactured formses decreased by -16.4% to 7.3 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 128%. As a result, the exports attained the peak of 8.7 tons, and then dropped notably in the following year.

In value terms, exports of platinum; unwrought or in semi-manufactured formses declined dramatically to $99M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 94%. As a result, the exports reached the peak of $126M, and then dropped rapidly in the following year.

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

1. United Kingdom (4.6 tons)
2. France (1.0 tons)
3. Italy (0.9 tons)
4. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform