Price for Platinum; Unwrought or in Semi-Manufactured Forms in Algeria - 2022

Contents:

  1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Algeria (CIF) - 2022
  2. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Algeria

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Algeria (CIF) - 2022

The average import price for platinum; unwrought or in semi-manufactured formses stood at $846,375 per ton in 2022, dropping by -49.6% against the previous year. Overall, the import price, however, saw a tangible increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 2,835% against the previous year. As a result, import price attained the peak level of $4,258,500 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 Austria ($5,302,000 per ton), while the price for China ($14,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Algeria

In 2022, the amount of platinum; unwrought or in semi-manufactured formses imported into Algeria stood at 8 kg, remaining constant against the year before. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of platinum; unwrought or in semi-manufactured formses reduced notably to $6.8K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 186% against the previous year.

Import of Platinum; Unwrought or in Semi-Manufactured Forms in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2,1206,38510,8965,30235.7%
Belgium5111,1881,40870411.3%
Italy13.035.0131363203.4%
United States42.015849920970.7%
France79.018123386.02.9%
Germany28.078.012456.026.0%
Turkey39.089.011437.0-1.7%
China15.033.040.014.0-2.3%
OthersN/AN/AN/AN/A0%
Total2,8478,14713,4456,77133.5%

Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Algeria in 2022:

  1. Turkey (1.0 kg)
  2. Italy (1.0 kg)
  3. France (1.0 kg)
  4. United States (1.0 kg)
  5. Austria (1.0 kg)
  6. Germany (1.0 kg)
  7. Belgium (1.0 kg)
  8. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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