Analysis of the import of platinum in semi-manufactured forms to France indicates a clear declining trend from 2013 to 2023. By 2023, the value stood at 38.786 million USD. Over the years, year-on-year variations show significant fluctuations with notable decreases in most years, such as in 2015 (-31.6%) and 2020 (-22.36%). Despite occasional increases, e.g., in 2017 (18.42%) and 2021 (17.94%), the overall trend remained downward. The average annual variation from 2018 to 2023 is measured at -4.73%. Projected data from 2024 to 2028 continues this downward trend, with a forecasted 5-year CAGR of -8.73%.
Future trends to watch for include:
- Global market stability for platinum, especially in industrial applications.
- Technological advancements affecting production efficiency and demand.
- Economic factors such as changes in tariffs, trade agreements, and currency fluctuations impacting import costs.
- Environmental policies promoting greener technologies, potentially influencing platinum demand.
