The analysis of the global import of platinum by country reveals key insights based on the most recent data. The United States leads the imports, followed by Germany and Japan. Notably, countries like Canada and Italy have shown significant year-on-year growth due to high demand. In contrast, China and South Korea have seen slight declines. Emerging markets such as Macedonia and Switzerland are also growing rapidly, reflecting increased industrial activities.
Over the last two years, several countries have experienced substantial variations. Noteworthy increases in platinum imports can be observed in Luxembourg, Qatar, Greece, Estonia, and Oman, countries that are adopting stronger industrial policies. However, some countries like Morocco, Lithuania, and Australia have demonstrated significant declines.
Future trends to watch for include the continued increase in imports by countries with emerging industrial sectors such as Macedonia and Estonia, and potential declines in traditional markets due to shifts towards alternative materials or changing economic conditions. Observing these trends will be crucial for understanding the changing global demand for platinum.
Top countries in Import of Platinum by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,055,500,000 | 2023 | +1.96% | +0.2% | View data |
| 2 | 2 Germany | 4,891,700,000 | 2023 | +2.87% | +2.13% | View data |
| 3 | 3 Japan | 4,685,100,000 | 2023 | +1.54% | +2.47% | View data |
| 4 | 4 United Kingdom | 4,155,500,000 | 2023 | +2.45% | +1.64% | View data |
| 5 | 5 China | 3,004,500,000 | 2023 | +0.21% | -0.91% | View data |
| 6 | 6 Italy | 1,811,100,000 | 2023 | +3.62% | +3.65% | View data |
| 7 | 7 Macedonia | 1,569,300,000 | 2023 | +4.98% | +7.84% | View data |
| 8 | 8 Switzerland | 1,507,000,000 | 2023 | -2.1% | +3.74% | View data |
| 9 | 9 Canada | 719,800,000 | 2023 | +4.72% | +11.62% | View data |
| 10 | 10 South Korea | 653,740,000 | 2023 | +0.65% | -0.37% | View data |
