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

Contents:

  1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Latvia (CIF) - 2022
  2. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Latvia

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

In 2022, the average import price for platinum; unwrought or in semi-manufactured formses amounted to $53,161,500 per ton, picking up by 3,991% against the previous year. Overall, the import price enjoyed a noticeable increase. The import price peaked at $91,592,250 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Russia ($99,243,000 per ton), while the price for Germany ($1,810,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of platinum; unwrought or in semi-manufactured formses were finally on the rise to reach 4 kg after two years of decline. In general, imports, however, faced a precipitous descent.

In value terms, imports of platinum; unwrought or in semi-manufactured formses soared to $213K in 2022. Over the period under review, imports, however, saw a dramatic descent.

Import of Platinum; Unwrought or in Semi-Manufactured Forms in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia270364N/A198-9.8%
LithuaniaN/AN/AN/A12.30%
Germany2882.5N/A1.8-81.6%
ChinaN/AN/A0.1N/A0%
Austria1.1N/AN/AN/A0%
United Kingdom0.3N/A1.2N/A100.0%
Others10.3N/A1.4N/A-63.1%
Total5693662.6213-27.9%

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

  1. Russia (2.0 kg)
  2. Germany (1.0 kg)
  3. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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