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South Korea Platinum Industry Outlook 2022 - 2026

See how South Korea Platinum performed compared to key markets such as the United States, Germany and Japan.

Key Market Indicators

Korean demand for platinum is set to reach $700 million by 2026, up 0.8% year on year on average. Since 1993, it has grown 11.6% annually. In 2021, Korea was in 10th place, lagging behind Macedonia's $677 million. Germany, Japan, and the UK held second, third, and fourth positions respectively. Meanwhile, Korean platinum exports are forecasted to reach $91 million in 2026, a decrease of 1.7% year on year on average. Since 1993, exports have fallen by 3.9% year on year. Korea ranked 15th in 2021, behind France's $102 million. The UK, Russia, and the US held second, third, and fourth positions respectively.

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South Korea Platinum Market Data and Forecasts