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Report Asia - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Asia

For the third year in a row, the Asian platinum catalysts market recorded growth in sales value, which increased by 145% to $X in 2022. Over the period under review, consumption recorded a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Platinum Catalysts Production in Asia

In value terms, platinum catalysts production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 7.4% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Platinum Catalysts Exports

Exports in Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of platinum catalysts, when their volume decreased by -34.6% to X tons. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 39% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, platinum catalysts exports skyrocketed to $X in 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 253% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan represented the main exporter of platinum catalysts in Asia, with the volume of exports reaching X tons, which was near 53% of total exports in 2022. Singapore (X tons) ranks second in terms of the total exports with a 20% share, followed by Jordan (18%) and Bahrain (5.1%).

Exports from Pakistan decreased at an average annual rate of -14.9% from 2012 to 2022. At the same time, Singapore (+11.7%) and Bahrain (+7.0%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia, with a CAGR of +11.7% from 2012-2022. By contrast, Jordan (-2.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Pakistan, Jordan and Bahrain increased by +19, +17, +15 and +5.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest platinum catalysts supplier in Asia, comprising 49% of total exports. The second position in the ranking was taken by Pakistan ($X), with an 18% share of total exports. It was followed by Jordan, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to +27.8%. In the other countries, the average annual rates were as follows: Pakistan (-5.5% per year) and Jordan (+7.1% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, jumping by 107% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2017 when the export price increased by 155% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+190.3%), while the other leaders experienced more modest paces of growth.

Platinum Catalysts Imports

Imports in Asia

In 2022, approx. X tons of platinum catalysts were imported in Asia; picking up by 295% against 2021 figures. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, platinum catalysts imports surged to $X in 2022. Over the period under review, imports saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 49%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Indonesia (X tons) was the major importer of platinum catalysts in Asia, making up 94% of total import.

Indonesia was also the fastest-growing in terms of the platinum catalysts imports, with a CAGR of +77.9% from 2012 to 2022. While the share of Indonesia (+87 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported platinum catalysts in Asia.

In Indonesia, platinum catalysts imports increased at an average annual rate of +111.7% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per kg, with a decrease of -69.9% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 122%. As a result, import price reached the peak level of $X per kg. From 2018 to 2022, the import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +19.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of platinum catalysts consumption was Indonesia, accounting for 78% of total volume. Moreover, platinum catalysts consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Uzbekistan, more than tenfold. The third position in this ranking was occupied by Pakistan, with a 6.1% share.
Pakistan constituted the country with the largest volume of platinum catalysts production, accounting for 87% of total volume. Moreover, platinum catalysts production in Pakistan exceeded the figures recorded by the second-largest producer, China, more than tenfold.
In value terms, the largest platinum catalysts supplying countries in Asia were Pakistan, Turkey and China, together accounting for 59% of total exports.
In value terms, Uzbekistan, Japan and Indonesia were the countries with the highest levels of imports in 2021, with a combined 60% share of total imports.
In 2021, the export price in Asia amounted to $691 per kg, declining by -59.7% against the previous year.
In 2021, the import price in Asia amounted to $129,445 per ton, declining by -52.6% against the previous year.

This report provides an in-depth analysis of the platinum catalysts market in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24413070 - Platinum catalysts in the form of wire cloth or grill

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia, split by region and country
  • Trade (exports and imports) in Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Armenia
    • Azerbaijan
    • Bahrain
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cyprus
    • Georgia
    • India
    • Indonesia
    • Iran
    • Iraq
    • Israel
    • Japan
    • Jordan
    • Kazakhstan
    • Kuwait
    • Kyrgyzstan
    • Lebanon
    • Malaysia
    • Maldives
    • Mongolia
    • Myanmar
    • Nepal
    • Oman
    • Pakistan
    • Palestine
    • Philippines
    • Qatar
    • Saudi Arabia
    • Singapore
    • South Korea
    • Sri Lanka
    • Syrian Arab Republic
    • Taiwan (Chinese)
    • Tajikistan
    • Thailand
    • Timor-Leste
    • Turkey
    • Turkmenistan
    • United Arab Emirates
    • Uzbekistan
    • Vietnam
    • Yemen
    • Lao People's Democratic Republic
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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