Key Market Indicators
The Japanese Platinum market is projected to reach $6,340,700,000 by 2026, growing at a CAGR of 1.3%. In 2021, Japan was the world's third-largest importer and eighth-largest exporter of platinum. Import figures were estimated at $4.8 billion, up 10.9% from 1993. Export figures amounted to $1.1 billion, up 9.3% from 1993. By 2026, Japanese platinum imports are expected to reach $5.1 billion, growing at an average rate of 1.5% year-on-year. Exports are forecast to reach $1.2 billion, growing at a CAGR of 1.2%. Overall, the Japanese Platinum market is projected to reach $6.3 billion by 2026, growing at a CAGR of 1.3%. In 2021, Germany surpassed Japan in terms of imports, while Switzerland overtook Japan in terms of exports. The UK, Russia and the US ranked second, third and fourth respectively in both rankings.