Report CIS - Platinum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 16, 2022

CIS - Platinum - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Platinum Market 2022

Platinum Market Size in CIS

The CIS platinum market reached $X in 2021, approximately reflecting the previous year. Overall, consumption, however, showed a noticeable descent. The growth pace was the most rapid in 2019 with an increase of 7.9%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Platinum Production in CIS

In value terms, platinum production fell modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 11%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Platinum Exports

Exports in CIS

In 2021, the amount of platinum exported in the CIS contracted to X tons, which is down by -7.5% against the previous year. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 286% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, platinum exports rose markedly to $X in 2021. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2015 when exports increased by 189% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from Russia (X tons), together recording 99% of total export.

Russia was also the fastest-growing in terms of the platinum exports, with a CAGR of +28.3% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest platinum supplier in the CIS.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +23.9%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per kg, with an increase of 20% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. Over the period under review, the export prices hit record highs at $X per kg in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -3.4% per year.

Platinum Imports

Imports in CIS

After two years of decline, purchases abroad of platinum increased by 626% to X tons in 2021. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, platinum imports skyrocketed to $X in 2021. Overall, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 165% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

Azerbaijan dominates imports structure, accounting for X tons, which was approx. 79% of total imports in 2021. Kazakhstan (X tons) took the second position in the ranking, followed by Belarus (X kg) and Uzbekistan (X kg). All these countries together held near 18% share of total imports. Russia (X kg) followed a long way behind the leaders.

Azerbaijan was also the fastest-growing in terms of the platinum imports, with a CAGR of +168.5% from 2012 to 2021. At the same time, Kazakhstan (+46.9%), Russia (+29.8%), Belarus (+6.2%) and Uzbekistan (+1.7%) displayed positive paces of growth. Azerbaijan (+79 p.p.) and Kazakhstan (+4.6 p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Uzbekistan saw its share reduced by -34.9% and -47.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest platinum importing markets in the CIS were Uzbekistan ($X), Russia ($X) and Belarus ($X), with a combined 93% share of total imports.

Among the main importing countries, Russia, with a CAGR of +38.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per kg in 2021, declining by -79% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 393%. The level of import peaked at $X per kg in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per kg), while Azerbaijan ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for platinum in the CIS?
+
Russia constituted the country with the largest volume of platinum consumption, comprising approx. 98% of total volume.
What are the largest producers of platinum in the CIS?
+
Russia constituted the country with the largest volume of platinum production, comprising approx. 98% of total volume.
What are the leading exporters of platinum in the CIS?
+
In value terms, Russia remains the largest platinum supplier in the CIS.
What are the leading importers of platinum in the CIS?
+
In value terms, the largest platinum importing markets in the CIS were Uzbekistan, Russia and Belarus, together comprising 93% of total imports.
What is the average export price for platinum in the CIS?
+
The export price in the CIS stood at $35,473 per kg in 2021, with an increase of 20% against the previous year.
What is the average import price for platinum in the CIS?
+
In 2021, the import price in the CIS amounted to $5,998 per kg, shrinking by -79% against the previous year.

This report provides an in-depth analysis of the platinum market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 24413010 -
• Prodcom 24413015 -
• Prodcom 24413020 -
• Prodcom 24413025 -
• Prodcom 24413040 -
• Prodcom 24413045 -
• Prodcom 24413055 -
• Prodcom 24413060 -
• Prodcom 24413065 -
• Prodcom 24413070 - Platinum catalysts in the form of wire cloth or grill
• Prodcom 24413030 - Platinum, palladium, rhodium, iridium, osmium and ruthenium, unwrought or in powder form
• Prodcom 24413050 - Platinum, palladium, rhodium, iridium, osmium and ruthenium, in semi-manufactured forms (excluding unwrought or in powder form)
Country coverage:
• Armenia
• Kyrgyzstan
• Moldova
• Tajikistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in CIS, split by region and country
• Trade (exports and imports) in CIS
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Armenia
• Azerbaijan
• Belarus
• Kazakhstan
• Kyrgyzstan
• Moldova
• Russia
• Tajikistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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