Forecast: Import of Platinum Unwrought or in Powder Form to China

In 2023, China's import of platinum unwrought or in powder form stood as a baseline for forecasted values from 2024 onward. The forecast predicts a growth trend in imports, starting from 46.89 thousand kilograms in 2024 and reaching 48.58 thousand kilograms by 2028. Year-over-year growth percentages indicate consistent increases: 0.94% in 2025, 0.89% in 2026, 0.88% in 2027, and 0.85% in 2028. The compound annual growth rate (CAGR) over these five years is a stable 0.89%, reflecting a steady demand in China's platinum market.

Future trends to watch:

  • The impact of technological advancements on the demand for platinum in China.
  • Fluctuations in global platinum prices influencing import volumes.
  • Policy changes in environmental regulations affecting industrial usage of platinum.
  • Any shifts in trade relations that may alter supply chain dynamics.

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