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

Contents:

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

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

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $32,204,004 per ton, growing by 21% against the previous year. Overall, the import price, however, recorded a noticeable descent. The import price peaked at $56,165,709 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($40,142,053 per ton), while the price for the United States ($6,338,697 per ton) was amongst the lowest.

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

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

In 2022, the average export price for metals; platinum, unwrought or in powder forms amounted to $7,489,385 per ton, with a decrease of -9.6% against the previous year. In general, the export price, however, showed a significant increase. The growth pace was the most rapid in 2019 an increase of 348% against the previous year. Over the period under review, the average export prices attained the maximum at $12,643,800 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,910,432 per ton), while the average price for exports to the United States ($6,807,972 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 (+29.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 2.9 tons of metals; platinum, unwrought or in powder forms were imported into Ireland; which is down by -21.1% compared with the year before. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 140% against the previous year. As a result, imports attained the peak of 3.6 tons, and then declined remarkably in the following year.

In value terms, imports of metals; platinum, unwrought or in powder forms reduced slightly to $93M in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 131% against the previous year. As a result, imports attained the peak of $97M, and then declined slightly in the following year.

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

1. Germany (1638.0 kg)
2. United Kingdom (666.0 kg)
3. South Africa (445.0 kg)
4. United States (122.0 kg)

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

Exports of metals; platinum, unwrought or in powder forms from Ireland skyrocketed to 179 kg in 2022, increasing by 127% compared with the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,480%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of metals; platinum, unwrought or in powder forms soared to $1.3M in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 935% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. United Kingdom (95.0 kg)
2. United States (71.0 kg)
3. China (11.0 kg)

Source: IndexBox Market Intelligence Platform