Key Market Indicators
The export of platinum from the UAE is expected to reach $118 million by 2026, up from $103 million in 2021. This growth of 2.5% per year on average has been driven by a 19.5% annual increase since 2012. In 2021, the UAE was 14th in the ranking, overtaken by South Korea at $103 million. The UK, Russia, and the US respectively ranked 2nd, 3rd, and 4th. The import of platinum to the UAE is forecast to reach $81 million by 2026, up from $71 million in 2021. The growth of 2.3% per year on average has been driven by a 10.1% annual increase since 2012. In 2021, the UAE was 23rd in the ranking, overtaken by Slovakia at $71 million. Germany, Japan, and the UK respectively ranked 2nd, 3rd, and 4th.