Metals; Platinum, Semi-Manufactured Price in Norway - 2023

Contents:

  1. Metals; Platinum, Semi-Manufactured Price in Norway (CIF) - 2022
  2. Metals; Platinum, Semi-Manufactured Price in Norway (FOB) - 2022
  3. Metals; Platinum, Semi-Manufactured Imports in Norway
  4. Metals; Platinum, Semi-Manufactured Exports in Norway

Metals; Platinum, Semi-Manufactured Price in Norway (CIF) - 2022

In 2022, the average metals; platinum, semi-manufactured import price amounted to $7,022,400 per ton, which is down by -62.1% against the previous year. Over the period under review, the import price, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2021 an increase of 146% against the previous year. As a result, import price reached the peak level of $18,548 per kg, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cuba ($44,008,297 per ton), while the price for Canada ($279,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Price in Norway (FOB) - 2022

In 2022, the average metals; platinum, semi-manufactured export price amounted to $13,431,500 per ton, with a decrease of -18.7% against the previous year. In general, the export price showed a pronounced shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 284%. The export price peaked at $36,984,500 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($14,755,714 per ton), while the average price for exports to the UK amounted to $4,162,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.4%), while the prices for the other major destinations experienced a decline.

Metals; Platinum, Semi-Manufactured Imports in Norway

Metals; platinum, semi-manufactured imports into Norway soared to 567 kg in 2022, jumping by 28% on 2021. In general, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year.

In value terms, metals; platinum, semi-manufactured imports contracted markedly to $4M in 2022. Over the period under review, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 309%. As a result, imports reached the peak of $8.2M, and then declined significantly in the following year.

Import of Metals; Platinum, Semi-Manufactured in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CubaN/AN/AN/A1,6280%
Germany1,003914631643-13.8%
United States3,8104513,822616-45.5%
SwitzerlandN/AN/A1.259649566.7%
Sweden26.223867.2232106.9%
United Kingdom299390493215-10.4%
Canada0.20.6N/A6.7222.4%
Hong Kong SARN/AN/AN/A5.60%
UkraineN/AN/A3,191N/A0%
Others8.016.711.138.769.1%
Total5,1462,0118,2173,982-8.2%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Norway in 2022:

  1. Switzerland (279.0 kg)
  2. Germany (136.0 kg)
  3. Cuba (37.0 kg)
  4. United States (36.0 kg)
  5. Canada (24.0 kg)
  6. Sweden (16.0 kg)
  7. United Kingdom (13.0 kg)
  8. Hong Kong SAR (9.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Norway

In 2022, approx. 8 kg of metals; platinum, semi-manufactureds were exported from Norway; rising by 300% compared with the previous year. Over the period under review, exports, however, showed a dramatic downturn.

In value terms, metals; platinum, semi-manufactured exports skyrocketed to $107K in 2022. In general, exports, however, recorded a dramatic setback.

Export of Metals; Platinum, Semi-Manufactured in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4.914.433.1103176.0%
United Kingdom181N/AN/A4.2-71.5%
NetherlandsN/A44.7N/AN/A0%
United States1,3354,521N/AN/A238.7%
Others1.86.2N/AN/A244.4%
Total1,5234,58633.1107-58.7%

Top Export Markets for Metals; Platinum, Semi-Manufactured from Norway in 2022:

  1. Sweden (7.0 kg)
  2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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