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Norway Platinum Industry Outlook 2022 - 2026

See how Norway Platinum performed compared to key markets such as South Africa, the United Kingdom and Russia.

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Norway's platinum exports are expected to reach nearly $300 million by 2026, according to estimates. This is up from $283 million in 2021, an average annual growth rate of 0.9%. Since 1998, Norwegian exports have grown by an average of 3.9% each year. Canada overtook Norway in 2021, with exports totalling $283 million. The UK, Russia, and the US followed in the rankings, in that order. Imports of platinum into Norway are projected to fall to $12 million by 2026, from $13 million in 2021. This would be an average year-on-year decrease of 2.1%. Since 1998, Norwegian demand for platinum has decreased by 1.7% every year. In 2021, Mexico overtook Norway, with imports totalling $13 million. Germany, Japan, and the UK followed in the rankings.

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Norway Platinum Market Data and Forecasts