The United Kingdom leads the global export of palladium in semi-manufactured forms with a significant market share. In 2023, Switzerland saw the most considerable growth rate, followed by the Czech Republic. Canada's position remained robust with a moderate increase, while South Africa experienced a decline. The United States and Germany maintain an essential presence, with slight increases in their shares. Notable emerging players include Russia and Ireland, which have seen substantial growth in their export shares.
Future trends to watch include:
- The evolving role of Switzerland and the Czech Republic as they continue to expand their market shares.
- Potential recovery for countries like South Africa facing a decline.
- The impact of geopolitical stability on Russia's market position.
- Technological advancements potentially influencing the demand dynamics in favor of countries with strong manufacturing capabilities.
Top countries in Export of Palladium in Semi-Manufactured Forms Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 39.73 | 2023 | +5.75% | +5.48% | View data |
| 2 | 2 Switzerland | 16.66 | 2023 | +6.15% | +35.81% | View data |
| 3 | 3 Canada | 11.39 | 2023 | +5.44% | +11.02% | View data |
| 4 | 4 United States | 8.97 | 2023 | +2.58% | +1.22% | View data |
| 5 | 5 Germany | 6.67 | 2023 | +1.52% | +1.44% | View data |
| 6 | 6 South Africa | 4.37 | 2023 | -8.05% | -9.76% | View data |
| 7 | 7 Japan | 3.05 | 2023 | +2.35% | +4.6% | View data |
| 8 | 8 Austria | 1.54 | 2023 | +4.13% | +4.16% | View data |
| 9 | 9 France | 1.11 | 2023 | +4.69% | +3.73% | View data |
| 10 | 10 Italy | 0.87 | 2023 | +3.94% | +2.55% | View data |
