Based on the data provided, the export of palladium in semi-manufactured forms from Switzerland is projected to grow steadily from 2024 through 2028. The exports are forecasted to increase from 12.61 thousand kilograms in 2024 to 14.57 thousand kilograms by 2028.
In 2023, the actual export value stood at 12.12 thousand kilograms. Comparing the forecasted values, the year-on-year percentage variations are as follows:
-2024: +4.0%
-2025: +4.0%
-2026: +3.8%
-2027: +3.5%
-2028: +3.4%
Over a longer period, the compound annual growth rate (CAGR) from 2024 to 2028 is around 3.74% per year, indicating a stable growth trend.
Future trends to watch for involve fluctuations in global demand for palladium, technological advancements in its applications, and geopolitical changes impacting trade regulations. Additionally, shifts in the automotive industry towards electric vehicles may influence the demand and consequently the export volumes of palladium.
