Metals; Platinum, Semi-Manufactured Price in Australia - 2023
Contents:
- Metals; Platinum, Semi-Manufactured Price in Australia (CIF) - 2023
- Metals; Platinum, Semi-Manufactured Price in Australia (FOB) - 2022
- Metals; Platinum, Semi-Manufactured Imports in Australia
- Metals; Platinum, Semi-Manufactured Exports in Australia
Metals; Platinum, Semi-Manufactured Price in Australia (CIF) - 2023
The average metals; platinum, semi-manufactured import price stood at $34.6M per ton in September 2023, growing by 7.5% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 46% month-to-month. The import price peaked at $43.3M per ton in June 2023; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($60.9M per ton), while the price for Hong Kong SAR ($29.8M 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 South Africa (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Platinum, Semi-Manufactured Price in Australia (FOB) - 2022
The average metals; platinum, semi-manufactured export price stood at $22,953,496 per ton in 2022, which is down by -34.4% against the previous year. Over the period under review, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 64%. Over the period under review, the average export prices attained the maximum at $48,687,093 per ton in 2012; however, from 2013 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 Germany ($51,352,700 per ton), while the average price for exports to the United States ($4,039,091 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 Hong Kong SAR (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Platinum, Semi-Manufactured Imports in Australia
In 2022, approx. 2.7 tons of metals; platinum, semi-manufactureds were imported into Australia; with an increase of 116% on the year before. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 303% against the previous year. As a result, imports attained the peak of 3.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metals; platinum, semi-manufactured imports surged to $85M in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 347%. As a result, imports reached the peak of $111M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Metals; Platinum, Semi-Manufactured in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 16.6 | 87.9 | 17.4 | 42.9 | 37.2% |
Switzerland | 0.1 | 13.4 | 14.7 | 25.9 | 537.4% |
United States | 3.9 | 3.1 | 5.8 | 6.7 | 19.8% |
Germany | 2.2 | 2.7 | 4.2 | 4.0 | 22.1% |
Hong Kong SAR | 0.3 | 1.8 | 1.6 | 3.6 | 128.9% |
New Zealand | 1.1 | 1.4 | 1.3 | 1.4 | 8.4% |
Others | 0.8 | 1.0 | 2.5 | 0.8 | 0.0% |
Total | 24.9 | 111 | 47.6 | 85.3 | 50.7% |
Top Suppliers of Metals; Platinum, Semi-Manufactured to Australia in 2022:
- United Kingdom (1365.0 kg)
- Switzerland (832.0 kg)
- United States (193.0 kg)
- Germany (120.0 kg)
- Hong Kong SAR (119.0 kg)
- New Zealand (45.0 kg)
Metals; Platinum, Semi-Manufactured Exports in Australia
For the fourth year in a row, Australia recorded growth in overseas shipments of metals; platinum, semi-manufactureds, which increased by 76% to 137 kg in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 214% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, metals; platinum, semi-manufactured exports surged to $3.1M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 415%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Metals; Platinum, Semi-Manufactured in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 14.9 | 759 | 1,149 | 1,866 | 400.3% |
New Zealand | 203 | 422 | 657 | 559 | 40.2% |
Germany | 12.9 | 370 | 734 | 514 | 241.6% |
United States | 19.0 | 11.8 | 34.6 | 178 | 110.8% |
Others | 60.9 | 37.2 | 156 | 29.0 | -21.9% |
Total | 311 | 1,601 | 2,730 | 3,145 | 116.2% |
Top Export Markets for Metals; Platinum, Semi-Manufactured from Australia in 2022:
- Hong Kong SAR (65.0 kg)
- United States (44.0 kg)
- New Zealand (16.0 kg)
- Germany (10.0 kg)
This report provides an in-depth analysis of the platinum market in Australia.
This report provides an in-depth analysis of the global platinum market.
This report provides an in-depth analysis of the platinum market in Australia.
This report provides an in-depth analysis of the global platinum market.
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