Key Market Indicators
Singaporean platinum exports are projected to drop 9.5% year-on-year to $29 million by 2026. This follows a 16.1% drop since 1994. In 2021, Singapore was the 20th-largest exporter, overtaken by Slovakia with $52 million. The United Kingdom, Russia and the United States were the second, third and fourth-largest exporters respectively. Meanwhile, Singaporean platinum imports are expected to decline 3.1% year-on-year to $142 million by 2026. Since 1994, Singaporean demand for the metal has decreased by 8.7%. In 2021, Singapore was the 17th-largest importer, overtaken by Ireland with $170 million. Germany, Japan and the United Kingdom were the second, third and fourth-largest importers respectively.
