United Kingdom: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in the UK

The UK platinum catalysts market was estimated at $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, showed a pronounced downturn. Platinum catalysts consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Platinum Catalysts Production in the UK

In value terms, platinum catalysts production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Platinum Catalysts Exports

Exports from the UK

In 2022, the amount of platinum catalysts exported from the UK dropped modestly to X tons, which is down by X% against the previous year. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, platinum catalysts exports reduced to $X in 2022. Overall, exports recorded a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Australia (X tons) and South Korea (X tons) were the main destinations of platinum catalysts exports from the UK, with a combined X% share of total exports.

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

In value terms, the largest markets for platinum catalysts exported from the UK were Australia ($X), Poland ($X) and South Korea ($X), together comprising X% of total exports. Egypt, Chile, Turkey, Spain, Taiwan (Chinese), Japan, Israel, Germany and Canada lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average platinum catalysts export price stood at $X per kg in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per kg in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per kg), while the average price for exports to Germany ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Platinum Catalysts Imports

Imports into the UK

In 2022, the amount of platinum catalysts imported into the UK fell sharply to X kg, which is down by X% compared with the year before. Overall, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, platinum catalysts imports soared to $X in 2022. Over the period under review, imports faced a significant decline. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) constituted the largest supplier of platinum catalysts to the UK, accounting for a X% share of total imports. Moreover, platinum catalysts imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold. The third position in this ranking was taken by Italy (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

In value terms, Switzerland ($X), Germany ($X) and the United States ($X) constituted the largest platinum catalysts suppliers to the UK, with a combined X% share of total imports. Indonesia, Italy, China, Finland and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Indonesia, with a CAGR of X%, saw 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

In 2022, the average platinum catalysts import price amounted to $X per kg, picking up by X% against the previous year. In general, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per kg. From 2020 to 2022, the average import prices remained at a lower figure.

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 Switzerland ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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