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United Kingdom - Platinum Catalysts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlatinum Catalysts Price in the UK - 2023
Contents:
- Platinum Catalysts Price in the UK (FOB) - 2022
- Platinum Catalysts Price in the UK (CIF) - 2022
- Platinum Catalysts Exports in the UK
- Platinum Catalysts Imports in the UK
Platinum Catalysts Price in the UK (FOB) - 2022
In 2022, the average platinum catalysts export price amounted to $1,812,472 per ton, growing by 3.6% against the previous year. Overall, the export price posted notable growth. The most prominent rate of growth was recorded in 2016 an increase of 99%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($4,948,644 per ton), while the average price for exports to Germany ($473,948 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 Austria (+215.8%), while the prices for the other major destinations experienced more modest paces of growth.
Platinum Catalysts Price in the UK (CIF) - 2022
In 2022, the average platinum catalysts import price amounted to $986,783 per ton, with an increase of 194% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 282% against the previous year. As a result, import price attained the peak level of $2,711 per kg. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($8,024,160 per ton), while the price for Italy ($140,634 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Platinum Catalysts Exports in the UK
In 2022, after three years of growth, there was significant decline in overseas shipments of platinum catalysts, when their volume decreased by -17.5% to 121 tons. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47%. As a result, the exports attained the peak of 147 tons, and then fell rapidly in the following year.
In value terms, platinum catalysts exports reduced to $219M in 2022. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 66%. As a result, the exports attained the peak of $257M, and then declined in the following year.
Export of Platinum Catalysts in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 19.7 | 28.8 | 35.0 | 33.8 | 19.7% |
Poland | N/A | 6.9 | 18.0 | 28.9 | 104.7% |
South Korea | 26.8 | 28.8 | 42.4 | 28.3 | 1.8% |
Egypt | N/A | 24.7 | 14.2 | 18.5 | -13.5% |
Chile | 8.2 | 1.1 | 13.8 | 16.3 | 25.7% |
Turkey | 14.8 | 18.8 | 26.9 | 15.7 | 2.0% |
Spain | N/A | 4.1 | 7.8 | 14.5 | 88.1% |
Taiwan (Chinese) | 8.7 | 10.5 | 21.4 | 12.5 | 12.8% |
Japan | 8.3 | 10.2 | 18.1 | 11.0 | 9.8% |
Germany | 0.5 | N/A | 2.2 | 3.2 | 85.7% |
Italy | 1.2 | N/A | N/A | N/A | 0% |
Others | 44.1 | 20.8 | 57.2 | 36.7 | -5.9% |
Total | 132 | 155 | 257 | 219 | 18.4% |
Top Export Markets for Platinum Catalysts from the UK in 2022:
- Australia (29.1 tons)
- South Korea (13.3 tons)
- Chile (11.6 tons)
- Spain (10.1 tons)
- Taiwan (Chinese) (8.1 tons)
- Turkey (7.8 tons)
- Japan (7.1 tons)
- Germany (6.8 tons)
- Egypt (6.5 tons)
- Poland (5.8 tons)
Platinum Catalysts Imports in the UK
In 2022, overseas purchases of platinum catalysts decreased by -35.1% to 741 kg, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. As a result, imports attained the peak of 15 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, platinum catalysts imports surged to $731K in 2022. Overall, imports saw a precipitous contraction.
Import of Platinum Catalysts in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | N/A | N/A | N/A | 0.2 | 0% |
Germany | N/A | N/A | 0.1 | 0.2 | 100.0% |
United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
China | N/A | N/A | 0.2 | N/A | 0% |
Belgium | 2.6 | 13.8 | N/A | N/A | 430.8% |
France | 2.9 | N/A | N/A | N/A | 0% |
Finland | 15.2 | 3.3 | N/A | N/A | -78.3% |
Italy | N/A | N/A | N/A | N/A | 0% |
Indonesia | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0.2 | 0% |
Total | 20.8 | 17.1 | 0.4 | 0.7 | -67.7% |
Top Suppliers of Platinum Catalysts to the UK in 2022:
- Germany (337.0 kg)
- United States (122.0 kg)
- Italy (114.0 kg)
- China (42.0 kg)
- Indonesia (36.0 kg)
- Switzerland (25.0 kg)
- Hong Kong SAR (18.0 kg)
- Finland (6.0 kg)
This report provides an in-depth analysis of the platinum catalysts market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24413070 - Platinum catalysts in the form of wire cloth or grill
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2021, Platinum Catalysts exports peaked at 35 tons, but from 2022 to 2023, they were unable to recover momentum. The export value significantly declined to $160M in 2023.
In February 2023, the platinum price amounted to $33.0M per ton (FOB, United Kingdom), waning by -13.1% against the previous month.
Between December 2022 and October 2023, the import growth experienced a slight decline. The value of Motorcycle and Scooter imports notably increased to $53M in October 2023.
Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
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In 2021, Platinum Catalysts exports peaked at 35 tons, but from 2022 to 2023, they were unable to recover momentum. The export value significantly declined to $160M in 2023.