Metals; Platinum, Semi-Manufactured Price in Russia - 2021

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

The average metals; platinum, semi-manufactured export price stood at $73,647,906 per ton in 2022, with an increase of 22% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 48%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($77,465,962 per ton), while the average price for exports to Poland stood at $28,050,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+42.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Price in Russia (CIF) - 2021

The average metals; platinum, semi-manufactured import price stood at $54.0M per ton in December 2021, rising by 3.7% against the previous month. Overall, import price indicated buoyant growth from December 2020 to December 2021: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, metals; platinum, semi-manufactured import price increased by +44.0% against October 2021 indices. The growth pace was the most rapid in January 2021 when the average import price increased by 89% against the previous month. Over the period under review, average import prices attained the maximum at $63.4M per ton in August 2021; afterwards, it flattened through to December 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($58.4M per ton), while the price for Ukraine ($11.3M per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Platinum, Semi-Manufactured Exports in Russia

In 2022, overseas shipments of metals; platinum, semi-manufactureds decreased by -41.2% to 406 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of 690 kg, and then fell dramatically in the following year.

In value terms, metals; platinum, semi-manufactured exports dropped notably to $30M in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 127% against the previous year. As a result, the exports attained the peak of $42M, and then fell remarkably in the following year.

Export of Metals; Platinum, Semi-Manufactured in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	13.7	16.5	40.2	28.9	28.3%
Poland	1.4	1.3	0.7	0.8	-17.0%
Others	0.4	0.4	0.6	0.2	-20.6%
Total	15.5	18.3	41.5	29.9	24.5%

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

Belarus (373.0 kg)
Poland (29.0 kg)

Metals; Platinum, Semi-Manufactured Imports in Russia

In 2022, after three years of growth, there was significant decline in overseas purchases of metals; platinum, semi-manufactureds, when their volume decreased by -44.3% to 68 kg. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 663% against the previous year. As a result, imports attained the peak of 122 kg, and then dropped notably in the following year.

In value terms, metals; platinum, semi-manufactured imports fell significantly to $3.1M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 754% against the previous year. As a result, imports reached the peak of $5.6M, and then dropped markedly in the following year.