Price for Metals; Palladium, Unwrought or in Powder Form in Portugal - 2023

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Portugal (CIF) - 2023
2. Price for Metals; Palladium, Unwrought or in Powder Form in Portugal (FOB) - 2023
3. Imports of Metals; Palladium, Unwrought or in Powder Form in Portugal
4. Exports of Metals; Palladium, Unwrought or in Powder Form in Portugal

Price for Metals; Palladium, Unwrought or in Powder Form in Portugal (CIF) - 2023

The average import price for metals; palladium, unwrought or in powder forms stood at $80.4M per ton in July 2023, surging by 89% against the previous month. In general, import price indicated a moderate expansion from December 2022 to July 2023: its price increased at an average monthly rate of +4.8% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, import price for metals; palladium, unwrought or in powder forms increased by +89.0% against June 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for France.

From December 2022 to July 2023, the rate of growth in terms of prices for France amounted to +113.6% per month.

Price for Metals; Palladium, Unwrought or in Powder Form in Portugal (FOB) - 2023

In June 2023, the average export price for metals; palladium, unwrought or in powder forms amounted to $62.7M per ton, dropping by -13.8% against the previous month. In general, the export price saw a perceptible descent. The growth pace was the most rapid in March 2023 an increase of 75% month-to-month. The export price peaked at $76.1M per ton in November 2022; afterwards, it flattened through to June 2023.

As there is only one major export destination, the average price level is determined by prices for France.

From November 2022 to June 2023, the rate of growth in terms of prices for France amounted to -2.7% per month.

Imports of Metals; Palladium, Unwrought or in Powder Form in Portugal

In 2022, purchases abroad of metals; palladium, unwrought or in powder forms increased by 22% to 192 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt slump.

In value terms, imports of metals; palladium, unwrought or in powder forms rose sharply to $14M in 2022. In general, imports, however, saw a slight descent. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Portugal in 2022:

1. Italy (144.0 kg)
2. Spain (21.0 kg)
3. Ireland (13.0 kg)
4. Germany (12.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in Portugal

After two years of decline, overseas shipments of metals; palladium, unwrought or in powder forms decreased by 0% to 2 kg in 2022. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of metals; palladium, unwrought or in powder forms amounted to $144K in 2022. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Portugal in 2022:

1. France (2.0 kg)

Source: IndexBox Market Intelligence Platform