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

Contents:

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

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $26,229,837 per ton, with an increase of 10% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for platinum; unwrought or in semi-manufactured formses decreased by -14.0% against 2020 indices. The growth pace was the most rapid in 2019 when the average import price increased by 24% against the previous year. The import price peaked at $30,505,963 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 ($69,535,839 per ton), while the price for Japan ($6,537,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for platinum; unwrought or in semi-manufactured formses stood at $26,671,503 per ton in 2022, picking up by 194% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($71,531,889 per ton), while the average price for exports to Switzerland ($2,939,125 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 Norway (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of platinum; unwrought or in semi-manufactured formses imported into Sweden reduced markedly to 828 kg, which is down by -19.6% on the previous year's figure. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 156%. As a result, imports attained the peak of 1 tons, and then declined dramatically in the following year.

In value terms, imports of platinum; unwrought or in semi-manufactured formses reduced to $22M in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 99.9% against the previous year. As a result, imports attained the peak of $25M, and then dropped in the following year.

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

1. Germany (259.0 kg)
2. Japan (182.0 kg)
3. United Kingdom (174.0 kg)
4. Austria (46.0 kg)
5. United States (41.0 kg)
6. Norway (36.0 kg)
7. Italy (31.0 kg)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of platinum; unwrought or in semi-manufactured formses, when their volume decreased by -61.9% to 159 kg. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 166% against the previous year. As a result, the exports reached the peak of 417 kg, and then contracted sharply in the following year.

In value terms, exports of platinum; unwrought or in semi-manufactured formses expanded remarkably to $4.2M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 110% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. United Kingdom (54.0 kg)
2. Norway (28.0 kg)
3. Germany (22.0 kg)
4. Poland (9.0 kg)
5. Finland (9.0 kg)
6. Switzerland (8.0 kg)
7. China (7.0 kg)

Source: IndexBox Market Intelligence Platform