Price for Platinum; Unwrought or in Semi-Manufactured Forms in Egypt - 2023

Contents:

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

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $99,630,400 per ton, dropping by -30% against the previous year. In general, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 10,033% against the previous year. The import price peaked at $142,320,400 per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($133,610,667 per ton), while the price for Turkey ($5,830,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+84.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for platinum; unwrought or in semi-manufactured formses stood at $40,097,625 per ton in 2022, reducing by -33.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 134% against the previous year. As a result, the export price attained the peak level of $60,121 per kg, and then fell sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($58,877,000 per ton), while the average price for exports to Italy totaled $33,837,833 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.4%), while the prices for the other major destinations experienced a decline.

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Egypt

In 2022, approx. 5 kg of platinum; unwrought or in semi-manufactured formses were imported into Egypt; approximately mirroring 2021 figures. Over the period under review, imports continue to indicate a dramatic downturn. The smallest decline of -37.5% was in 2021.

In value terms, imports of platinum; unwrought or in semi-manufactured formses fell significantly to $498K in 2022. In general, imports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year.

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

1. Germany (3.0 kg)
2. Turkey (1.0 kg)
3. Italy (1.0 kg)

Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Egypt

In 2022, overseas shipments of platinum; unwrought or in semi-manufactured formses decreased by -77.1% to 8 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 61%. As a result, the exports attained the peak of 103 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of platinum; unwrought or in semi-manufactured formses shrank sharply to $321K in 2022. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports reached the peak of $2.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Italy (6.0 kg)
2. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform