Price for Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica - 2022

Contents:

  1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica (FOB) - 2022
  2. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica (CIF) - 2022
  3. Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica
  4. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica (FOB) - 2022

In 2022, the average export price for platinum; unwrought or in semi-manufactured formses amounted to $27,549,537 per ton, shrinking by -18.8% against the previous year. Overall, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 56%. Over the period under review, the average export prices reached the maximum at $33,934,504 per ton in 2021, and then contracted markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.5% per year.

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica (CIF) - 2022

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $3,615,587 per ton, declining by -7.1% against the previous year. In general, the import price showed a abrupt downturn. The growth pace was the most rapid in 2013 when the average import price increased by 35%. The import price peaked at $14,303,956 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Switzerland ($9,738,250 per ton), while the price for the United States ($3,081,699 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica

In 2022, the amount of platinum; unwrought or in semi-manufactured formses exported from Costa Rica surged to 1.5 tons, picking up by 65% compared with the previous year. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 189% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of platinum; unwrought or in semi-manufactured formses surged to $40M in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 307%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.330.529.840.376.7%
Switzerland0.30.30.4N/A15.5%
OthersN/AN/AN/AN/A0%
Total7.630.830.240.374.4%

Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from Costa Rica in 2022:

  1. United States (1462.0 kg)

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica

In 2022, imports of platinum; unwrought or in semi-manufactured formses into Costa Rica contracted markedly to 1 tons, dropping by -43.4% on 2021 figures. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of 1.8 tons, and then reduced notably in the following year.

In value terms, imports of platinum; unwrought or in semi-manufactured formses declined dramatically to $3.6M in 2022. In general, imports recorded a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 1%.

Import of Platinum; Unwrought or in Semi-Manufactured Forms in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.41.62.71.88.7%
United States10.24.03.11.8-43.9%
Switzerland0.21.00.9N/A112.1%
Germany0.20.1N/AN/A-50.0%
Sweden0.20.20.2N/A0.0%
Others0.20.10.1N/A-29.3%
Total12.56.86.93.6-34.0%

Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Costa Rica in 2022:

  1. United States (584.0 kg)
  2. France (406.0 kg)
  3. Germany (11.0 kg)
  4. Switzerland (4.0 kg)

Source: IndexBox Market Intelligence Platform

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