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

Contents:

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

Price for Metals; Platinum, Unwrought or in Powder Form in Austria (CIF) - 2023

The average import price for metals; platinum, unwrought or in powder forms stood at $31.8M per ton in October 2023, growing by 9.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 44% month-to-month. The import price peaked at $40.2M per ton in February 2023; afterwards, it flattened through to October 2023.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($31.8M per ton), while the price for Germany totaled $30.7M per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Platinum, Unwrought or in Powder Form in Austria (FOB) - 2023

The average export price for metals; platinum, unwrought or in powder forms stood at $33.8M per ton in October 2023, remaining stable against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 16% m-o-m. The export price peaked at $38.5M per ton in May 2023; afterwards, it flattened through to October 2023.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Germany ($33.2M per ton), while the average price for exports to Slovenia totaled $20.4M per ton.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of metals; platinum, unwrought or in powder forms decreased by -46.5% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 123%.

In value terms, imports of metals; platinum, unwrought or in powder forms dropped notably to $33M in 2022. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 126% against the previous year.

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

1. Germany (721.0 kg)
2. Switzerland (252.0 kg)
3. Italy (65.0 kg)
4. France (25.0 kg)
5. United Kingdom (1.0 kg)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of metals; platinum, unwrought or in powder forms, when their volume decreased by -76.4% to 364 kg. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 214% against the previous year.

In value terms, exports of metals; platinum, unwrought or in powder forms declined significantly to $11M in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 216% against the previous year.

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

1. Germany (273.0 kg)
2. Italy (67.0 kg)
3. United Kingdom (18.0 kg)

Source: IndexBox Market Intelligence Platform