Price for Metals; Platinum, Unwrought or in Powder Form in Sri Lanka - 2022
Contents:
- Price for Metals; Platinum, Unwrought or in Powder Form in Sri Lanka (CIF) - 2022
- Imports of Metals; Platinum, Unwrought or in Powder Form in Sri Lanka
Price for Metals; Platinum, Unwrought or in Powder Form in Sri Lanka (CIF) - 2022
The average import price for metals; platinum, unwrought or in powder forms stood at $23,699,333 per ton in 2022, picking up by 1.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 42%. Over the period under review, average import prices hit record highs at $40,740,500 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($25,616,000 per ton), while the price for Hong Kong SAR amounted to $19,866,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.6%).
Imports of Metals; Platinum, Unwrought or in Powder Form in Sri Lanka
After three years of growth, purchases abroad of metals; platinum, unwrought or in powder forms decreased by -25% to 3 kg in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of 4 kg, and then shrank dramatically in the following year.
In value terms, imports of metals; platinum, unwrought or in powder forms declined remarkably to $71K in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of $93K, and then reduced markedly in the following year.
| Import of Metals; Platinum, Unwrought or in Powder Form in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 65.8 | 40.6 | 84.4 | 51.2 | -8.0% |
| Hong Kong SAR | 23.4 | 8.6 | 8.3 | 19.9 | -5.3% |
| Others | 0.3 | N/A | 0.4 | N/A | 15.5% |
| Total | 89.5 | 49.2 | 93.0 | 71.1 | -7.4% |
Top Suppliers of Metals; Platinum, Unwrought or in Powder Form to Sri Lanka in 2022:
- United Arab Emirates (2.0 kg)
- Hong Kong SAR (1.0 kg)
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This report provides an in-depth analysis of the platinum market in Sri Lanka.
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This report provides an in-depth analysis of the global platinum market.
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Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
2891
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1573
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
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In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
