Metals; Platinum, Semi-Manufactured Price in Switzerland - 2023
Contents:
- Metals; Platinum, Semi-Manufactured Price in Switzerland (FOB) - 2022
- Metals; Platinum, Semi-Manufactured Price in Switzerland (CIF) - 2023
- Metals; Platinum, Semi-Manufactured Exports in Switzerland
- Metals; Platinum, Semi-Manufactured Imports in Switzerland
Metals; Platinum, Semi-Manufactured Price in Switzerland (FOB) - 2022
The average metals; platinum, semi-manufactured export price stood at $31,947,770 per ton in 2022, dropping by -13.3% against the previous year. In general, the export price saw a noticeable descent. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices reached the maximum at $42,667,852 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($33,707,857 per ton) and Canada ($32,651,567 per ton), while the average price for exports to Austria ($25,093,000 per ton) and Italy ($29,548,587 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+34.0%), while the prices for the other major destinations experienced a decline.
Metals; Platinum, Semi-Manufactured Price in Switzerland (CIF) - 2023
In September 2023, the average metals; platinum, semi-manufactured import price amounted to $30.8M per ton, with a decrease of -9.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in May 2023 an increase of 17% against the previous month. As a result, import price reached the peak level of $37,932 per kg; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($33.4M per ton), while the price for the United States ($8.9M per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Platinum, Semi-Manufactured Exports in Switzerland
In 2022, shipments abroad of metals; platinum, semi-manufactureds decreased by -31.2% to 13 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 234% against the previous year. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metals; platinum, semi-manufactured exports shrank notably to $415M in 2022. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 239% against the previous year. As a result, the exports attained the peak of $912M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Metals; Platinum, Semi-Manufactured in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 113 | 618 | 396 | 193 | 19.5% |
| Germany | 31.3 | 53.9 | 115 | 73.6 | 33.0% |
| Canada | 23.2 | 27.9 | 53.1 | 34.0 | 13.6% |
| Australia | 5.5 | 13.1 | 10.4 | 23.6 | 62.5% |
| Japan | 13.7 | 18.6 | 30.6 | 21.0 | 15.3% |
| United Arab Emirates | N/A | N/A | N/A | 19.7 | 0% |
| Italy | 22.7 | 7.2 | 13.2 | 13.1 | -16.7% |
| Austria | 25.8 | 55.9 | 16.1 | 1.4 | -62.1% |
| Others | 33.3 | 117 | 61.7 | 35.1 | 1.8% |
| Total | 269 | 912 | 696 | 415 | 15.5% |
Top Export Markets for Metals; Platinum, Semi-Manufactured from Switzerland in 2022:
- United States (6.0 tons)
- Germany (2.3 tons)
- Canada (1.0 tons)
- Australia (0.8 tons)
- United Arab Emirates (0.6 tons)
- Japan (0.6 tons)
- Italy (0.4 tons)
- Austria (0.1 tons)
Metals; Platinum, Semi-Manufactured Imports in Switzerland
In 2022, overseas purchases of metals; platinum, semi-manufactureds decreased by -58.1% to 2.2 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports attained the peak of 7.1 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metals; platinum, semi-manufactured imports fell markedly to $66M in 2022. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 139%. As a result, imports reached the peak of $323M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Metals; Platinum, Semi-Manufactured in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.3 | 21.1 | 36.8 | 36.3 | 19.4% |
| Italy | 106 | 107 | 8.5 | 7.0 | -59.6% |
| Singapore | N/A | N/A | 9.7 | 6.6 | -32.0% |
| Hong Kong SAR | N/A | 2.0 | 127 | 6.6 | 81.7% |
| United States | 0.7 | 109 | 32.1 | 6.2 | 106.9% |
| United Kingdom | 1.5 | 12.8 | 3.6 | 2.4 | 17.0% |
| Czech Republic | 0.5 | 0.4 | 1.7 | 0.6 | 6.3% |
| South Africa | N/A | 51.5 | 1.3 | N/A | -97.5% |
| Others | 5.2 | 18.4 | 1.9 | 0.4 | -57.5% |
| Total | 135 | 323 | 223 | 66.2 | -21.1% |
Top Suppliers of Metals; Platinum, Semi-Manufactured to Switzerland in 2022:
- Germany (1154.0 kg)
- Italy (230.0 kg)
- United States (208.0 kg)
- Singapore (205.0 kg)
- Hong Kong SAR (200.0 kg)
- United Kingdom (99.0 kg)
- Czech Republic (38.0 kg)
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This report provides an in-depth analysis of the platinum market in Switzerland.
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This report provides an in-depth analysis of the global platinum market.
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This report provides an in-depth analysis of the platinum market in Switzerland.
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This report provides an in-depth analysis of the global platinum market.
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In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
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