Analysis of the export of palladium in semi-manufactured forms from the US reveals a fluctuating trend over the past decade, with notable declines and occasional increases. In 2023, exports stood at 11.24 thousand kilograms, reflecting a 2.46% decrease year-on-year. Over the last two years, the export volume decreased by an average of 4.78% annually, and the five-year CAGR is -3.43%. Future projections suggest a continuous decline with a five-year forecasted CAGR of -2.24%, and an overall forecasted reduction of 10.72% by 2028, reaching 9.79 thousand kilograms.
Future trends to watch for include shifting global demand for palladium, potential impacts of technological advancements on palladium use, and changes in international trade policies. Monitoring these factors will be crucial for anticipating further shifts in export volumes.
