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

Contents:

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

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

In 2022, the average metals; platinum, semi-manufactured export price amounted to $28,817,183 per ton, approximately equating the previous year. In general, the export price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 253% against the previous year. The export price peaked at $45,285,347 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($30,677,379 per ton), while the average price for exports to Portugal ($2,428,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-2.8%), while the prices for the other major destinations experienced a decline.

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

The average metals; platinum, semi-manufactured import price stood at $517,339 per ton in 2022, with a decrease of -7.2% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 582%. As a result, import price reached the peak level of $16,906 per kg. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($10,083,317 per ton), while the price for Germany ($84,746 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.2%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Exports in Spain

In 2022, the amount of metals; platinum, semi-manufactureds exported from Spain was estimated at 1.6 tons, with an increase of 2.2% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, metals; platinum, semi-manufactured exports expanded modestly to $46M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. United Kingdom (1502.0 kg)
2. Germany (99.0 kg)
3. France (1.0 kg)

Metals; Platinum, Semi-Manufactured Imports in Spain

Metals; platinum, semi-manufactured imports into Spain surged to 7.9 tons in 2022, with an increase of 39% compared with the year before. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, metals; platinum, semi-manufactured imports surged to $4.1M in 2022. Over the period under review, imports, however, continue to indicate a sharp setback.

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

1. Portugal (undefined tons)
2. France (undefined tons)
3. United Kingdom (undefined tons)
4. Germany (7.2 tons)
5. Czech Republic (0.4 tons)

Source: IndexBox Market Intelligence Platform