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

Contents:

1. Price for Metals; Platinum, Unwrought or in Powder Form in Poland (CIF) - 2023
2. Price for Metals; Platinum, Unwrought or in Powder Form in Poland (FOB) - 2022
3. Imports of Metals; Platinum, Unwrought or in Powder Form in Poland
4. Exports of Metals; Platinum, Unwrought or in Powder Form in Poland

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

In October 2023, the average import price for metals; platinum, unwrought or in powder forms amounted to $32.3M per ton, growing by 3.2% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 8.9% m-o-m. The import price peaked at $37.3M per ton in May 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 the UK ($32.5M per ton), while the price for Italy totaled $32.1M per ton.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.1%).

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

The average export price for metals; platinum, unwrought or in powder forms stood at $31,849,684 per ton in 2022, declining by -10.5% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 443% against the previous year. Over the period under review, the average export prices hit record highs at $50,874,689 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($32,407,000 per ton), while the average price for exports to the Czech Republic stood at $11,229,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+19.7%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, purchases abroad of metals; platinum, unwrought or in powder forms decreased by -8.9% to 5.3 tons in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 124%. As a result, imports reached the peak of 5.8 tons, and then shrank in the following year.

In value terms, imports of metals; platinum, unwrought or in powder forms reduced to $165M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 143% against the previous year. As a result, imports attained the peak of $187M, and then dropped in the following year.

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

1. Italy (4.0 tons)
2. United Kingdom (1.3 tons)

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

In 2022, exports of metals; platinum, unwrought or in powder forms from Poland dropped rapidly to 38 kg, which is down by -33.3% against 2021 figures. In general, exports showed a sharp setback. The smallest decline of -17.4% was in 2021.

In value terms, exports of metals; platinum, unwrought or in powder forms fell dramatically to $1.2M in 2022. Overall, exports recorded a precipitous decline. The smallest decline of -5.6% was in 2021.

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

1. Germany (37.0 kg)
2. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform