In 2023, Germany led European production of platinum with 38.92 thousand kilograms, despite a 5.08% decline. Hungary matched its 2022 output at 32.52 thousand kilograms. Italy exhibited a 3.26% growth, reaching 4.1 thousand kilograms. Production in Scandinavia varied, with dramatic decreases in Finland and Denmark, down by 52.76% and 34.3%, respectively. Sweden, Portugal, and Spain maintained stable production levels.
Future trends to watch include potential impacts of green energy policies on platinum demand, particularly in Germany and Hungary, and the influence of economic conditions on smaller producers like Finland and Denmark, which experienced significant production volatility.
Top countries in Sold Production of Platinum, Unwrought or in Semi-Manufactured Forms, or in Powder Form by Country
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38,920 | 2023 | -3.17% | -5.08% | View data |
| 2 | 2 Hungary | 32,520 | 2023 | -54.51% | View data | |
| 3 | 3 Italy | 4,100 | 2023 | +2.14% | +3.26% | View data |
| 4 | 4 Sweden | 241 | 2023 | +2.99% | View data | |
| 5 | 5 Finland | 59 | 2023 | +96.67% | -52.76% | View data |
| 6 | 6 Denmark | 6 | 2023 | 0% | -34.3% | View data |
| 7 | 7 Portugal | 5 | 2023 | +25% | View data | |
| 8 | 8 Spain | 3 | 2023 | View data |
