Price for Platinum; Unwrought or in Semi-Manufactured Forms in Azerbaijan - 2022
Contents:
- Price for Platinum; Unwrought or in Semi-Manufactured Forms in Azerbaijan (CIF) - 2022
- Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Azerbaijan
Price for Platinum; Unwrought or in Semi-Manufactured Forms in Azerbaijan (CIF) - 2022
In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $80,000 per ton, approximately mirroring the previous year. Overall, the import price continues to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2019 an increase of 1,991% against the previous year. The import price peaked at $8,128,625 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +35.3% per year.
Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Azerbaijan
For the third consecutive year, Azerbaijan recorded decline in supplies from abroad of platinum; unwrought or in semi-manufactured formses, which decreased by 0% to 1 kg in 2022. In general, imports saw a significant decrease. The smallest decline of -25% was in 2020.
In value terms, imports of platinum; unwrought or in semi-manufactured formses stood at $80 in 2022. Over the period under review, imports continue to indicate a dramatic downturn. The smallest decline of -38.4% was in 2020.
| Import of Platinum; Unwrought or in Semi-Manufactured Forms in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 0.1 | 0% |
| Germany | 2.5 | 1.8 | N/A | N/A | -28.0% |
| Belgium | 3.3 | 2.0 | N/A | N/A | -39.4% |
| United Arab Emirates | 0.4 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.2 | 3.8 | N/A | 0.1 | -74.7% |
Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Azerbaijan in 2022:
- Switzerland (1.0 kg)
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