Metals; Palladium, Semi-Manufactured Price in India - 2023
Contents:
- Metals; Palladium, Semi-Manufactured Price in India (CIF) - 2023
- Metals; Palladium, Semi-Manufactured Price in India (FOB) - 2022
- Metals; Palladium, Semi-Manufactured Imports in India
- Metals; Palladium, Semi-Manufactured Exports in India
Metals; Palladium, Semi-Manufactured Price in India (CIF) - 2023
The average metals; palladium, semi-manufactured import price stood at $38.4M per ton in July 2023, declining by -13.5% against the previous month. Overall, the import price showed a perceptible reduction. The pace of growth was the most pronounced in October 2022 when the average import price increased by 166% m-o-m. Over the period under review, average import prices attained the peak figure at $65.6M per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($41.8M per ton), while the price for Italy ($17.4M per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Africa (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Palladium, Semi-Manufactured Price in India (FOB) - 2022
The average metals; palladium, semi-manufactured export price stood at $17,237,334 per ton in 2022, shrinking by -52.9% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 1,066%. The export price peaked at $43,762,826 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($69,183,645 per ton), while the average price for exports to the UK stood at $12,796,746 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+38.8%), while the prices for the other major destinations experienced mixed trend patterns.
Metals; Palladium, Semi-Manufactured Imports in India
In 2022, metals; palladium, semi-manufactured imports into India was estimated at 2.9 tons, standing approx. at the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 79%. As a result, imports attained the peak of 3.1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, metals; palladium, semi-manufactured imports shrank sharply to $156M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 181%. As a result, imports attained the peak of $210M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Metals; Palladium, Semi-Manufactured in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 46.6 | 56.9 | 110 | 80.4 | 19.9% |
| Germany | N/A | 36.7 | 46.3 | 33.9 | -3.9% |
| South Africa | 19.3 | 52.7 | 27.0 | 23.8 | 7.2% |
| United States | 1.5 | 41.9 | 4.0 | 11.4 | 96.6% |
| Italy | 6.8 | 6.8 | 8.9 | 6.5 | -1.5% |
| Russia | N/A | 14.7 | 7.7 | N/A | -47.6% |
| Others | 0.5 | 0.1 | 4.2 | 0.3 | -15.7% |
| Total | 74.7 | 210 | 208 | 156 | 27.8% |
Top Suppliers of Metals; Palladium, Semi-Manufactured to India in 2022:
- United Kingdom (1295.0 kg)
- Germany (526.0 kg)
- South Africa (435.0 kg)
- Italy (404.0 kg)
- United States (253.0 kg)
Metals; Palladium, Semi-Manufactured Exports in India
In 2022, shipments abroad of metals; palladium, semi-manufactureds increased by 673% to 402 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metals; palladium, semi-manufactured exports soared to $6.9M in 2022. Overall, exports, however, saw a abrupt contraction.
| Export of Metals; Palladium, Semi-Manufactured in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.1 | 2.2 | 0.6 | 4.7 | -8.3% |
| Italy | 1.9 | 0.2 | 1.3 | 2.2 | 5.0% |
| Germany | 0.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.8 | 2.4 | 1.9 | 6.9 | -7.8% |
Top Export Markets for Metals; Palladium, Semi-Manufactured from India in 2022:
- United Kingdom (370.0 kg)
- Italy (32.0 kg)
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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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