EU: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in the EU

The EU platinum catalysts market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption posted buoyant growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Platinum Catalysts Production in the EU

In value terms, platinum catalysts production expanded markedly to $X in 2022 estimated in export price. Overall, production recorded a pronounced decline. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Platinum Catalysts Exports

Exports in the EU

After two years of growth, shipments abroad of platinum catalysts decreased by X% to X tons in 2022. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, platinum catalysts exports contracted significantly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

The biggest shipments were from the Czech Republic (X tons), Bulgaria (X tons) and Denmark (X tons), together recording X% of total export. Greece (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%). The following exporters - Poland (X tons) and Spain (X tons) - each accounted for an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest platinum catalysts supplying countries in the European Union were Denmark ($X), Belgium ($X) and the Czech Republic ($X), together comprising X% of total exports. Poland, Bulgaria, Greece and Spain lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X,956 per ton, increasing by X% against the previous year. In general, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Platinum Catalysts Imports

Imports in the EU

In 2022, imports of platinum catalysts in the European Union skyrocketed to X tons, rising by X% on the previous year's figure. In general, imports showed resilient growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, platinum catalysts imports reduced to $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

The countries with the highest levels of platinum catalysts imports in 2022 were Portugal (X tons), Spain (X tons) and the Netherlands (X tons), together reaching X% of total import. The following importers - Denmark (X tons) and Slovakia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported platinum catalysts in the European Union, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Spain (X% per year) and Portugal (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price saw a abrupt slump. The growth pace was the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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