Price for Metals; Platinum, Unwrought or in Powder Form in Argentina - 2023

Contents:

1. Price for Metals; Platinum, Unwrought or in Powder Form in Argentina (CIF) - 2022
2. Price for Metals; Platinum, Unwrought or in Powder Form in Argentina (FOB) - 2022
3. Imports of Metals; Platinum, Unwrought or in Powder Form in Argentina
4. Exports of Metals; Platinum, Unwrought or in Powder Form in Argentina

Price for Metals; Platinum, Unwrought or in Powder Form in Argentina (CIF) - 2022

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $31,396,915 per ton, waning by -11% against the previous year. In general, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 20% against the previous year. The import price peaked at $47,261,093 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($33,393,963 per ton) and Belgium ($32,902,619 per ton), while the price for Italy ($29,123,250 per ton) and the United States ($30,043,560 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Metals; Platinum, Unwrought or in Powder Form in Argentina (FOB) - 2022

In 2022, the average export price for metals; platinum, unwrought or in powder forms amounted to $85,893,308 per ton, falling by -10.1% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2021 an increase of 4,954% against the previous year. As a result, the export price reached the peak level of $95,537 per kg, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($88,040,553 per ton), while the average price for exports to Germany amounted to $4,298,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.9%).

Imports of Metals; Platinum, Unwrought or in Powder Form in Argentina

In 2022, imports of metals; platinum, unwrought or in powder forms into Argentina skyrocketed to 1.1 tons, rising by 21% on the previous year. Over the period under review, imports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.

In value terms, imports of metals; platinum, unwrought or in powder forms expanded notably to $33M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 45%.

Top Suppliers of Metals; Platinum, Unwrought or in Powder Form to Argentina in 2022:

1. United Kingdom (502.0 kg)
2. South Africa (222.0 kg)
3. Belgium (181.0 kg)
4. Germany (80.0 kg)
5. United States (50.0 kg)
6. Italy (20.0 kg)

Exports of Metals; Platinum, Unwrought or in Powder Form in Argentina

Exports of metals; platinum, unwrought or in powder forms from Argentina surged to 39 kg in 2022, picking up by 63% compared with the previous year's figure. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,100%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of metals; platinum, unwrought or in powder forms soared to $3.3M in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 60,542%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Metals; Platinum, Unwrought or in Powder Form from Argentina in 2022:

1. United States (38.0 kg)
2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform