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

Contents:

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

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

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $63,182,808 per ton, surging by 8% against the previous year. Over the period under review, the import price showed a notable expansion. The growth pace was the most rapid in 2017 when the average import price increased by 125%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($66,861,000 per ton), while the price for Germany amounted to $28,607,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for metals; platinum, unwrought or in powder forms stood at $42,083,000 per ton in 2022, surging by 647% against the previous year. Over the period under review, the export price, however, showed a perceptible slump. Over the period under review, the average export prices reached the peak figure at $61,065,000 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -0.7% per year.

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

Imports of metals; platinum, unwrought or in powder forms into Portugal rose notably to 52 kg in 2022, growing by 8.3% compared with 2021 figures. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of metals; platinum, unwrought or in powder forms skyrocketed to $3.3M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,237% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. United Kingdom (47.0 kg)
2. Germany (5.0 kg)

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

In 2022, shipments abroad of metals; platinum, unwrought or in powder forms decreased by 0% to 2 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year. As a result, the exports attained the peak of 4 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of metals; platinum, unwrought or in powder forms soared to $84K in 2022. In general, exports recorded a significant expansion.

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

1. Italy (2.0 kg)

Source: IndexBox Market Intelligence Platform