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

Contents:

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

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

The average export price for metals; platinum, unwrought or in powder forms stood at $7,493,061 per ton in 2022, which is down by -75% against the previous year. Over the period under review, the export price showed a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by 9% against the previous year. Over the period under review, the average export prices attained the maximum at $31,864,329 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($31,046,667 per ton), while the average price for exports to Pakistan ($21,552 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 the United States (+4.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $12,845,389 per ton, with a decrease of -40.2% against the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2015 an increase of 107% against the previous year. Over the period under review, average import prices attained the maximum at $26,443,487 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($32,759,520 per ton), while the price for Colombia ($6,594,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of metals; platinum, unwrought or in powder forms from France surged to 4.2 tons in 2022, picking up by 264% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; platinum, unwrought or in powder forms fell to $32M in 2022. Overall, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +54.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 69%. As a result, the exports attained the peak of $35M, and then contracted in the following year.

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

1. Pakistan (2891.0 kg)
2. Italy (1074.0 kg)
3. United States (135.0 kg)
4. Switzerland (72.0 kg)
5. Spain (42.0 kg)

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

For the fourth consecutive year, France recorded growth in overseas purchases of metals; platinum, unwrought or in powder forms, which increased by 49% to 2.2 tons in 2022. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 133%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of metals; platinum, unwrought or in powder forms reduced to $29M in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 105%. As a result, imports reached the peak of $32M, and then fell in the following year.

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

1. Italy (529.0 kg)
2. Uzbekistan (498.0 kg)
3. Colombia (463.0 kg)
4. United Kingdom (271.0 kg)
5. Germany (123.0 kg)
6. Spain (108.0 kg)
7. Brazil (78.0 kg)
8. Switzerland (65.0 kg)
9. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform