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

Southern Asia - Platinum - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Southern Asia: Platinum Market 2022

Platinum Market Size in Southern Asia

In 2021, after six years of decline, there was growth in the South Asian platinum market, when its value increased by 4.5% to $X. Over the period under review, consumption, however, showed a abrupt shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Platinum Production in Southern Asia

In value terms, platinum production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 4.8%. 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 Southern Asia

In 2021, the amount of platinum exported in Southern Asia reduced dramatically to X kg, waning by -39.1% on the previous year's figure. Over the period under review, exports saw a noticeable setback. The pace of growth appeared the most rapid in 2015 with an increase of 221%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, platinum exports surged to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 65% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India dominates exports structure, resulting at X kg, which was approx. 93% of total exports in 2021. It was distantly followed by Pakistan (X kg), mixing up a 7.2% share of total exports.

India was also the fastest-growing in terms of the platinum exports, with a CAGR of -1.1% from 2012 to 2021. Pakistan (-11.2%) illustrated a downward trend over the same period. India (+11 p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by -9.4% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest platinum supplier in Southern Asia, comprising 75% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 25% share of total exports.

In India, platinum exports expanded at an average annual rate of +7.4% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per kg in 2021, increasing by 131% against the previous year. Over the period under review, the export price showed a tangible increase. The level of export peaked at $X per kg in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Pakistan ($X per kg), while India totaled $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.6%).

Platinum Imports

Imports in Southern Asia

Platinum imports reduced rapidly to X tons in 2021, waning by -53% compared with 2020 figures. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 134%. As a result, imports reached the peak of X tons, and then fell significantly in the following year.

In value terms, platinum imports surged to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 +46.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 71% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

India represented the major importer of platinum in Southern Asia, with the volume of imports accounting for X tons, which was near 84% of total imports in 2021. It was distantly followed by Pakistan (X tons), creating a 16% share of total imports.

Imports into India increased at an average annual rate of +8.7% from 2012 to 2021. At the same time, Pakistan (+14.1%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +14.1% from 2012-2021. India (+7.2 p.p.) and Pakistan (+6.4 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported platinum in Southern Asia, comprising 97% of total imports. The second position in the ranking was held by Pakistan ($X), with a 3% share of total imports.

From 2012 to 2021, the average annual growth rate of value in India totaled +5.6%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per kg, surging by 167% against the previous year. Over the period under review, the import price, however, showed a mild slump. The level of import peaked at $X per kg in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was India ($X per kg), while Pakistan stood at $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+0.8%).

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 Southern Asia?
+
The countries with the highest volumes of consumption in 2021 were Pakistan, Bangladesh and Afghanistan, with a combined 94% share of total consumption. Nepal lagged somewhat behind, accounting for a further 5.7%.
What are the largest producers of platinum in Southern Asia?
+
The countries with the highest volumes of production in 2021 were Pakistan, Bangladesh and Afghanistan, together comprising 94% of total production. Nepal lagged somewhat behind, comprising a further 5.8%.
What are the leading suppliers of platinum in Southern Asia?
+
In value terms, India remains the largest platinum supplier in Southern Asia, comprising 75% of total exports. The second position in the ranking was held by Pakistan, with a 25% share of total exports.
What are the leading importers of platinum in Southern Asia?
+
In value terms, India constitutes the largest market for imported platinum in Southern Asia, comprising 97% of total imports. The second position in the ranking was taken by Pakistan, with a 3% share of total imports.
What is the average export price for platinum in Southern Asia?
+
The export price in Southern Asia stood at $26,949 per kg in 2021, rising by 131% against the previous year.
What is the average import price for platinum in Southern Asia?
+
In 2021, the import price in Southern Asia amounted to $29,901 per kg, jumping by 167% against the previous year.

This report provides an in-depth analysis of the platinum market in Southern 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:
• Afghanistan
• Bhutan
• Maldives
• Nepal

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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET