Price for Metals; Platinum, Unwrought or in Powder Form in Colombia - 2022
Contents:
- Price for Metals; Platinum, Unwrought or in Powder Form in Colombia (FOB) - 2022
- Price for Metals; Platinum, Unwrought or in Powder Form in Colombia (CIF) - 2022
- Exports of Metals; Platinum, Unwrought or in Powder Form in Colombia
- Imports of Metals; Platinum, Unwrought or in Powder Form in Colombia
Price for Metals; Platinum, Unwrought or in Powder Form in Colombia (FOB) - 2022
In February 2022, the average export price for metals; platinum, unwrought or in powder forms amounted to $31.7M per ton, with an increase of 19% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $33.2M per ton in April 2021; afterwards, it flattened through to February 2022.
Average prices varied noticeably for the major foreign markets. In February 2022, the country with the highest price was the United States ($32.7M per ton), while the average price for exports to Italy ($27.8M per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Metals; Platinum, Unwrought or in Powder Form in Colombia (CIF) - 2022
In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $12,079,000 per ton, surging by 40% against the previous year. Overall, the import price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2015 an increase of 713%. The import price peaked at $18,176,000 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($23,440,000 per ton), while the price for Italy totaled $4,505,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+37.7%).
Exports of Metals; Platinum, Unwrought or in Powder Form in Colombia
For the fourth year in a row, Colombia recorded growth in shipments abroad of metals; platinum, unwrought or in powder forms, which increased by 19% to 862 kg in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 213%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of metals; platinum, unwrought or in powder forms expanded significantly to $23M in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 225%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Metals; Platinum, Unwrought or in Powder Form in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.7 | 7.9 | 17.6 | 15.7 | 79.8% |
Free Zones | 0.6 | 1.5 | 0.5 | 4.2 | 91.3% |
Italy | 0.4 | 2.4 | 1.8 | 2.4 | 81.7% |
France | 0.1 | 1.5 | 0.9 | 0.1 | 0.0% |
Switzerland | 0.5 | 0.7 | 0.4 | 0.1 | -41.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.3 | 13.9 | 21.1 | 22.5 | 73.6% |
Top Export Markets for Metals; Platinum, Unwrought or in Powder Form from Colombia in 2022:
- United States (597.0 kg)
- Free Zones (165.0 kg)
- Italy (92.0 kg)
- France (6.0 kg)
- Switzerland (2.0 kg)
Imports of Metals; Platinum, Unwrought or in Powder Form in Colombia
After three years of growth, overseas purchases of metals; platinum, unwrought or in powder forms decreased by -37.5% to 5 kg in 2022. In general, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 133% against the previous year.
In value terms, imports of metals; platinum, unwrought or in powder forms fell to $60K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 832%.
Import of Metals; Platinum, Unwrought or in Powder Form in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.1 | 2.8 | 16.9 | 46.9 | 181.6% |
Italy | 3.4 | 6.0 | 4.9 | 13.5 | 58.4% |
Others | N/A | 43.1 | 47.1 | N/A | 9.3% |
Total | 5.6 | 51.9 | 68.9 | 60.4 | 120.9% |
Top Suppliers of Metals; Platinum, Unwrought or in Powder Form to Colombia in 2022:
- Italy (3.0 kg)
- United States (2.0 kg)
This report provides an in-depth analysis of the platinum market in Colombia.
This report provides an in-depth analysis of the global platinum market.
This report provides an in-depth analysis of the platinum market in Colombia.
This report provides an in-depth analysis of the global platinum market.
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.
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
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.
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in