Key Market Indicators
Australian Platinum exports fell by 0.7% in 2021 to $751,090, compared to the previous year. This is the lowest level since 1993, when exports had decreased by 13.3% year-on-year. Australia ranked 43rd in 2021, behind Argentina, which was the leader with $751,090. The United Kingdom, Russia and the United States came in 2nd, 3rd and 4th place respectively. Imports of platinum into Australia are projected to drop by 11.2% annually over the next five years, to reach $14.3 million in 2026 from $28.4 million in 2021. Since 1993, demand has decreased by 1.6% year-on-year. Australia placed 28th in 2021, behind the Czech Republic, which had imports of $28.4 million. Germany, Japan and the United Kingdom were in 2nd, 3rd and 4th place respectively.