Forecast: Re-Import of Platinum in Semi-Manufactured Forms to China

The forecasted re-import of platinum in semi-manufactured forms to China indicates a continuous decline over the period from 2024 to 2028. Specifically, the volume is expected to decrease from 3.78 kilograms in 2024 to 2.72 kilograms in 2028, reflecting an average annual compound decrease. In 2023, the actual re-import volume stood at 4.05 kilograms, marking an anticipated initial drop in 2024. Such a trend points to diminishing reliance or demand for re-imported semi-manufactured platinum in the upcoming years.

Future Trends to Watch for:

  • Potential shifts in domestic production capabilities that might reduce the need for re-imports.
  • Changes in global commodity prices that could influence the volume of platinum re-imports.
  • Developments in technology or renewable sectors that may affect the demand for platinum.

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