In 2023, Germany led the global import of unwrought or powdered platinum with a value of $1.4103 billion, showcasing a positive year-on-year variation of 2.24%. Despite a decrease in the United States and China import values by 2.63% and 2.02%, respectively, they still ranked high in terms of the import value. Notable increases were observed in Singapore (18.49%) and Greece (25.51%), while Switzerland experienced a significant decline of 25.11%. Emerging markets like the Philippines showed promising growth, with an increase of 60.89%.
Future trends to watch include the potential recovery in previously declining markets such as Japan and India, alongside continued growth in emerging economies. Additionally, the influence of green energy policies and potential shifts in supply chain dynamics might impact platinum demand globally.
Top countries in Import of Platinum Unwrought or in Powder Form by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,410,300,000 | 2023 | +0.22% | +2.24% | View data |
| 2 | 2 United States | 1,214,300,000 | 2023 | -2.01% | -2.63% | View data |
| 3 | 3 China | 1,159,100,000 | 2023 | -2.76% | -2.02% | View data |
| 4 | 4 United Kingdom | 1,139,800,000 | 2023 | +1.08% | +0.46% | View data |
| 5 | 5 Macedonia | 796,660,000 | 2023 | +3.46% | +2.53% | View data |
| 6 | 6 Japan | 700,320,000 | 2023 | -9.41% | -10.29% | View data |
| 7 | 7 Italy | 599,510,000 | 2023 | +1.87% | +4.95% | View data |
| 8 | 8 Belgium | 132,830,000 | 2023 | +5.05% | -0.72% | View data |
| 9 | 9 Switzerland | 109,920,000 | 2023 | -41.54% | -25.11% | View data |
| 10 | 10 Ireland | 87,169,000 | 2023 | +0.8% | +3.9% | View data |
