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

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $1,299,000 per ton, which is down by -2.9% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 373% against the previous year. The import price peaked at $8,104,000 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Belgium ($1,580,000 per ton), while the price for the UK totaled $1,018,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-7.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of platinum; unwrought or in semi-manufactured formses imported into Uganda dropped dramatically to 2 kg, which is down by -33.3% compared with the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 50%.

In value terms, imports of platinum; unwrought or in semi-manufactured formses contracted dramatically to $2.6K in 2022. Over the period under review, imports continue to indicate a sharp downturn. The smallest decline of -27% was in 2020.

Import of Platinum; Unwrought or in Semi-Manufactured Forms in Uganda (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	2.2	2.0	1.0	1.6	-10.1%
United Kingdom	6.5	4.4	2.0	1.0	-46.4%
Kenya	N/A	N/A	N/A	N/A	0%
Australia	N/A	N/A	1.0	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	8.7	6.4	4.0	2.6	-33.1%