In 2023, South Africa dominated the global export market for platinum in semi-manufactured forms, representing a significant 40.45% share in USD, followed by the United Kingdom with 29.86%. Japan and Germany held smaller shares at 7.39% and 5.84% respectively. Notable year-on-year growth was observed in Russia (7.89%), Luxembourg (15.77%), and among smaller exporters like Finland (75.09%) and Israel (79.87%). Conversely, some countries such as France (-14.21%) and the Czech Republic (-15.07%) experienced declines. The Compound Annual Growth Rate over the past five years also showed mixed results, signaling a need for strategic adjustments in some regions.
Future trends to observe include potential shifts in the market composition due to geopolitical developments and sustainability drives that could affect South Africa's dominance. Watch for technological advancements and policy changes in leading economies. Emerging exporters like Finland and Israel may gain more traction, influencing the competitive dynamics in the platinum market.
Top countries in Export of Platinum in Semi-Manufactured Forms Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 40.45 | 2023 | -1.09% | -1.47% | View data |
| 2 | 2 United Kingdom | 29.86 | 2023 | +4.7% | +4.19% | View data |
| 3 | 3 Japan | 7.39 | 2023 | +2.42% | +0.28% | View data |
| 4 | 4 Germany | 5.84 | 2023 | -0.41% | -0.064% | View data |
| 5 | 5 Switzerland | 5.41 | 2023 | +1.55% | +1.13% | View data |
| 6 | 6 United States | 3.13 | 2023 | +1% | -0.81% | View data |
| 7 | 7 Slovakia | 1.5 | 2023 | +2.96% | +2.8% | View data |
| 8 | 8 Austria | 1.03 | 2023 | +0.069% | -0.94% | View data |
| 9 | 9 Spain | 0.57 | 2023 | -0.32% | +1.22% | View data |
| 10 | 10 Russia | 0.38 | 2023 | +1.35% | +7.89% | View data |
