Key Market Indicators
Luxembourger demand for platinum is projected to reach $8.1 million by 2026, up from $6.8 million in 2021. This represents a 3.1% year-on-year growth on average since 2004, when it jumped by 30.7%. In 2021, the country ranked 38th in the world, with Israel posting higher figures of $6.8 million. Germany, Japan and the United Kingdom were the next three on the list. Meanwhile, Luxembourger platinum exports are forecast to reach $6.6 million by 2026, up from $5.5 million in 2021. This amounts to a 3.2% year-on-year growth on average since 2004, when it rose by 92.5%. Last year, the country was in 31st place, with India surpassing it with $5.5 million. The United Kingdom, Russia and the United States were the next three in line.