Key Market Indicators
Canada's platinum imports and exports are projected to hit record highs in the coming years. Imports are estimated to reach $852 million in 2026, up from $687 million in 2021. This is an average annual growth rate of 3.9% since 1994. South Korea overtook Canada in 2021 to become the number one importer, with Germany, Japan and the United Kingdom coming in second, third and fourth respectively. Exports are anticipated to reach $492 million in 2026, up from $405 million in 2021. This is an average annual growth rate of 3.5% since 1994. Belgium overtook Canada in 2021 to become the number one exporter, with the UK, Russia and the US coming in second, third and fourth respectively.