In 2023, the United Kingdom led European exports of platinum group metals (PGMs) in semi-manufactured forms with 125.47 thousand kilograms, experiencing a modest increase of 4.31%. Slovakia followed with a 2.11% rise to 25.53 thousand kilograms. Germany and France, despite lower volumes, saw subtle gains, with France notably increasing by 29.69%. Spain showcased significant growth with a 52.63% rise. Meanwhile, most other countries experienced minimal exports, with Italy and Denmark showing negligible activity.
Notably, the Compound Annual Growth Rate (CAGR) over the past five years highlights shifting dynamics, emphasizing the substantial expansion of Spain and France in this sector.
Future trends to monitor include the potential impact of technological advancements on PGM applications, evolving regulatory environments regarding clean energy, potential geopolitical influences on European trade, and exploration of emerging markets to boost trade volumes for lesser-performing countries.
Top countries in Export of Platinum, Palladium, Rhodium, Iridium, Osmium and Ruthenium, in Semi-Manufactured Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 125,470 | 2023 | +4.05% | +4.31% | View data |
| 2 | 2 Slovakia | 25,530 | 2023 | -1.42% | +2.11% | View data |
| 3 | 3 Germany | 17,720 | 2023 | +1.49% | +1.93% | View data |
| 4 | 4 France | 12,470 | 2023 | +0.88% | +29.69% | View data |
| 5 | 5 Spain | 10,770 | 2023 | -0.24% | +52.63% | View data |
| 6 | 6 Austria | 3,580 | 2023 | +2.87% | +2.94% | View data |
| 7 | 7 Belgium | 852 | 2023 | +2.9% | +4.01% | View data |
| 8 | 8 Ireland | 412 | 2023 | -15.4% | -7.24% | View data |
| 9 | 9 Sweden | 152 | 2023 | -3.18% | +8.73% | View data |
| 10 | 10 Hungary | 79 | 2023 | +3.95% | -4.61% | View data |
