In 2023, the sold production of platinum, palladium, rhodium, iridium, osmium, and ruthenium, unwrought or in powder form in Germany was approximately 46.22 thousand kilograms. Forecasts from 2024 to 2028 suggest a virtually stable trend with minimal variations, decreasing slightly by 0.01 thousand kilograms in 2027 and 2028. This indicates a marginal decline of 0.02% by 2028 over the five-year period, resulting in a consistently steady CAGR.
Future Trends to Watch For:
- Technological advancements in automotive and electronics sectors may influence demand, especially for catalytic converters.
- Environmental regulations could impact production processes and alter demand patterns for these metals.
- Geopolitical factors and mining policies in key producing countries may affect global supply and pricing.
