Metals; Platinum, Semi-Manufactured Price in Turkey - 2023

Contents:

  1. Metals; Platinum, Semi-Manufactured Price in Turkey (CIF) - 2022
  2. Metals; Platinum, Semi-Manufactured Price in Turkey (FOB) - 2022
  3. Metals; Platinum, Semi-Manufactured Imports in Turkey
  4. Metals; Platinum, Semi-Manufactured Exports in Turkey

Metals; Platinum, Semi-Manufactured Price in Turkey (CIF) - 2022

In 2022, the average metals; platinum, semi-manufactured import price amounted to $17,642,120 per ton, reducing by -28.2% against the previous year. Overall, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2020 an increase of 52%. Over the period under review, average import prices reached the peak figure at $24,588,121 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($29,476,906 per ton), while the price for the Czech Republic ($3,551,438 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Price in Turkey (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $31,460,489 per ton in 2022, picking up by 6.8% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 215% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($46,139,816 per ton), while the average price for exports to Switzerland ($4,728,765 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 (+7.6%), while the prices for the other major destinations experienced a decline.

Metals; Platinum, Semi-Manufactured Imports in Turkey

In 2022, the amount of metals; platinum, semi-manufactureds imported into Turkey skyrocketed to 216 kg, picking up by 25% against 2021. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured imports reduced to $3.8M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year.

Import of Metals; Platinum, Semi-Manufactured in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3021,4981,7691,88784.2%
Germany935518777853-3.0%
Italy10038.715934050.4%
Austria407667644306-9.1%
Switzerland1291851061576.8%
Czech RepublicN/AN/AN/A56.80%
United States24430465353.6-39.7%
China3.0N/A6.052.3159.3%
Others15.758.114010689.0%
Total2,1363,2684,2543,81121.3%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Turkey in 2022:

  1. United Kingdom (64.0 kg)
  2. Italy (63.0 kg)
  3. Germany (39.0 kg)
  4. Czech Republic (16.0 kg)
  5. Austria (14.0 kg)
  6. Switzerland (10.0 kg)
  7. China (4.0 kg)
  8. United States (2.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Turkey

Metals; platinum, semi-manufactured exports from Turkey surged to 307 kg in 2022, rising by 890% against 2021 figures. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured exports surged to $9.7M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metals; Platinum, Semi-Manufactured in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A0.49.02150.0%
SwitzerlandN/A0.2N/A0.558.1%
United States0.10.30.50.10.0%
OthersN/AN/AN/AN/A0%
Total0.10.50.99.7359.5%

Top Export Markets for Metals; Platinum, Semi-Manufactured from Turkey in 2022:

  1. Italy (196.0 kg)
  2. Switzerland (98.0 kg)
  3. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform

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