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

South-Eastern Asia - Platinum - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Platinum Market 2022

Platinum Market Size in South-Eastern Asia

In 2021, the Southeast Asian platinum market was finally on the rise to reach $X after six years of decline. Over the period under review, consumption, however, showed a drastic downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Platinum Production in South-Eastern Asia

In value terms, platinum production amounted to $X in 2021 estimated in export price. In general, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 18%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Platinum Exports

Exports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded growth in shipments abroad of platinum, which increased by 130% to X tons in 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, platinum exports skyrocketed to $X in 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 117%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Singapore (X tons) represented roughly 99% of total exports in 2021.

Singapore was also the fastest-growing in terms of the platinum exports, with a CAGR of +28.5% from 2012 to 2021. From 2012 to 2021, the share of Singapore increased by +5.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) also remains the largest platinum supplier in South-Eastern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore amounted to +22.8%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per kg in 2021, declining by -48.3% against the previous year. Over the period under review, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2018 when the export price increased by 46% against the previous year. The level of export peaked at $X per kg in 2020, and then shrank markedly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to -4.5% per year.

Platinum Imports

Imports in South-Eastern Asia

In 2021, approx. X tons of platinum were imported in South-Eastern Asia; jumping by 273% on 2020. Over the period under review, imports posted a buoyant increase. 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. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.1% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia dominates imports structure, resulting at X tons, which was near 88% of total imports in 2021. It was distantly followed by Singapore (X tons), achieving a 9.9% share of total imports.

Indonesia was also the fastest-growing in terms of the platinum imports, with a CAGR of +88.6% from 2012 to 2021. Singapore experienced a relatively flat trend pattern. From 2012 to 2021, the share of Indonesia increased by +87 percentage points.

In value terms, Singapore ($X) constitutes the largest market for imported platinum in South-Eastern Asia, comprising 78% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 3.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Singapore stood at +3.8%.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per kg, falling by -55.5% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when the import price increased by 95%. The level of import peaked at $X per kg in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per kg), while Indonesia amounted to $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+4.3%).

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 South-Eastern Asia?
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Indonesia constituted the country with the largest volume of platinum consumption, comprising approx. 60% of total volume. Moreover, platinum consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand, threefold. The Philippines ranked third in terms of total consumption with a 15% share.
What are the largest producers of platinum in South-Eastern Asia?
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Indonesia remains the largest platinum producing country in South-Eastern Asia, accounting for 57% of total volume. Moreover, platinum production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand, threefold. The Philippines ranked third in terms of total production with a 15% share.
What are the leading exporters of platinum in South-Eastern Asia?
+
In value terms, Singapore remains the largest platinum supplier in South-Eastern Asia.
What are the leading importers of platinum in South-Eastern Asia?
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In value terms, Singapore constitutes the largest market for imported platinum in South-Eastern Asia, comprising 78% of total imports. The second position in the ranking was taken by Indonesia, with a 3.9% share of total imports.
What is the average export price for platinum in South-Eastern Asia?
+
The export price in South-Eastern Asia stood at $3,096 per kg in 2021, shrinking by -48.3% against the previous year.
What is the average import price for platinum in South-Eastern Asia?
+
In 2021, the import price in South-Eastern Asia amounted to $2,796 per kg, shrinking by -55.5% against the previous year.

This report provides an in-depth analysis of the platinum market in South-Eastern Asia. 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:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Vietnam
• Lao People's Democratic Republic
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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