Price for Platinum; Unwrought or in Semi-Manufactured Forms in Denmark - 2023

Contents:

  1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Denmark (CIF) - 2022
  2. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Denmark (FOB) - 2022
  3. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Denmark
  4. Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Denmark

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Denmark (CIF) - 2022

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $1,384,052 per ton, which is down by -66.3% against the previous year. Over the period under review, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. As a result, import price attained the peak level of $9,378 per kg. From 2019 to 2022, the average import prices remained at a somewhat 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 the UK ($5,648,840 per ton), while the price for China ($113,186 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Denmark (FOB) - 2022

In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $13,027,905 per ton, rising by 30% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 an increase of 1,877%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($35,082,000 per ton), while the average price for exports to Turkey ($98,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+154.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Denmark

After two years of decline, supplies from abroad of platinum; unwrought or in semi-manufactured formses increased by 273% to 2.6 tons in 2022. In general, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of platinum; unwrought or in semi-manufactured formses soared to $3.6M in 2022. Overall, imports, however, recorded a sharp curtailment.

Import of Platinum; Unwrought or in Semi-Manufactured Forms in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5910.71,0631,44634.7%
Germany5,3012,481964583-52.1%
Switzerland548464486482-4.2%
Italy112N/AN/A23227.5%
Sweden13154.03.1123-2.1%
ChinaN/AN/A6.127.4349.2%
ThailandN/A1.50.523.2293.3%
Ireland794N/AN/AN/A0%
Others25521333767538.3%
Total7,7323,2142,8613,592-22.6%

Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Denmark in 2022:

  1. Italy (1443.0 kg)
  2. United Kingdom (256.0 kg)
  3. China (242.0 kg)
  4. Germany (203.0 kg)
  5. Sweden (183.0 kg)
  6. Switzerland (100.0 kg)
  7. Thailand (89.0 kg)

Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Denmark

In 2022, exports of platinum; unwrought or in semi-manufactured formses from Denmark rose slightly to 105 kg, with an increase of 1.9% compared with the previous year. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 276% against the previous year. As a result, the exports attained the peak of 601 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of platinum; unwrought or in semi-manufactured formses skyrocketed to $1.4M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 956% against the previous year. As a result, the exports reached the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Platinum; Unwrought or in Semi-Manufactured Forms in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A44883786.8%
United States89.012318335959.2%
Germany48.214023310529.6%
Norway1.33.93.430.0184.7%
ThailandN/A89.11.128.4-43.5%
Switzerland2.8N/A1202.0-10.6%
TurkeyN/AN/AN/A0.50%
BelgiumN/A1,884N/AN/A0%
Poland80.3101N/AN/A25.8%
Others0.31.540.65.3160.4%
Total2222,3421,0301,36883.3%

Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from Denmark in 2022:

  1. United Kingdom (34.0 kg)
  2. United States (32.0 kg)
  3. Norway (22.0 kg)
  4. Turkey (5.0 kg)
  5. Thailand (5.0 kg)
  6. Germany (3.0 kg)
  7. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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