Price for Platinum; Unwrought or in Semi-Manufactured Forms in Ghana - 2023

Contents:

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

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

The average import price for platinum; unwrought or in semi-manufactured formses stood at $551,667 per ton in 2022, declining by -66% against the previous year. Overall, the import price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2013 an increase of 3,297% against the previous year. Over the period under review, average import prices reached the maximum at $16,827,538 per ton in 2014; however, from 2015 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 Denmark ($1,630,000 per ton), while the price for Norway ($18,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+68.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 6 kg of platinum; unwrought or in semi-manufactured formses were imported into Ghana; increasing by 50% against the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of platinum; unwrought or in semi-manufactured formses reduced rapidly to $3.3K in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 210% against the previous year.

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

1. United States (1.0 kg)
2. South Africa (1.0 kg)
3. Denmark (1.0 kg)
4. United Kingdom (1.0 kg)
5. Germany (1.0 kg)
6. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform