Price for Metals; Palladium, Unwrought or in Powder Form in Thailand - 2024

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Thailand (CIF) - 2022
2. Price for Metals; Palladium, Unwrought or in Powder Form in Thailand (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in Thailand
4. Exports of Metals; Palladium, Unwrought or in Powder Form in Thailand

Price for Metals; Palladium, Unwrought or in Powder Form in Thailand (CIF) - 2022

The average import price for metals; palladium, unwrought or in powder forms stood at $71,037,831 per ton in 2022, which is down by -10.9% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2017 an increase of 117% against the previous year. The import price peaked at $79,752,535 per ton in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($77,963,325 per ton) and the United States ($76,656,886 per ton), while the price for New Zealand ($58,773,727 per ton) and Belgium ($66,803,071 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+102.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Palladium, Unwrought or in Powder Form in Thailand (FOB) - 2022

The average export price for metals; palladium, unwrought or in powder forms stood at $29,616,532 per ton in 2022, falling by -35.7% against the previous year. Over the period under review, the export price, however, saw significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 125%. The export price peaked at $52,562,625 per ton in 2019; however, from 2020 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 Japan ($31,287,968 per ton), while the average price for exports to Botswana ($546,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+987.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Palladium, Unwrought or in Powder Form in Thailand

Imports of metals; palladium, unwrought or in powder forms into Thailand totaled 715 kg in 2022, with an increase of 14% against the previous year. In general, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 23%.

In value terms, imports of metals; palladium, unwrought or in powder forms rose to $51M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Thailand in 2022:

1. South Africa (248.0 kg)
2. Russia (241.0 kg)
3. Germany (80.0 kg)
4. Japan (69.0 kg)
5. United States (35.0 kg)
6. Belgium (28.0 kg)
7. New Zealand (11.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in Thailand

Exports of metals; palladium, unwrought or in powder forms from Thailand surged to 156 kg in 2022, rising by 117% compared with 2021 figures. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 888%. As a result, the exports attained the peak of 158 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of metals; palladium, unwrought or in powder forms skyrocketed to $4.6M in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 600% against the previous year. As a result, the exports attained the peak of $5.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Thailand in 2022:

1. Italy (72.0 kg)
2. Japan (62.0 kg)
3. Hong Kong SAR (12.0 kg)
4. Botswana (7.0 kg)

Source: IndexBox Market Intelligence Platform