CIS: Platinum Ore Market 2020

Platinum Ore Market Size in CIS

The revenue of the platinum ore market in CIS amounted to $X in 2017, lowering by -X% against the previous year. The platinum ore consumption continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. Over the period under review, the platinum ore market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Platinum Ore Production in CIS

In 2017, the amount of platinum ores and concentrates produced in CIS stood at X tons, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2017, when the output figure increased by X% y-o-y. In that year, the platinum ore production reached their peak volume, and is likely to continue its growth in the immediate term.

Platinum Ore Exports in CIS

In 2017, exports of platinum ores and concentrates in CIS amounted to X tons, reducing by -X% against the previous year. The platinum ore exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, platinum ore exports amounted to $X in 2017. The platinum ore exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Platinum Ore Exports by Country in CIS

Russia dominates platinum ore exports structure, reaching X tons, which was approx. X% of total exports in 2017. It was distantly followed by Kazakhstan (X tons) and Kyrgyzstan (X tons), together making up X% share of total exports.

Russia was also the fastest growing in terms of the platinum ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%) and Kyrgyzstan (+X%) displayed positive paces of growth. While the share of Kazakhstan (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest platinum ore supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Kazakhstan (+X% per year).

Platinum Ore Export Prices by Country in CIS

In 2017, the platinum ore export price in CIS amounted to $X per ton, rising by X% against the previous year. The platinum ore export price continues to indicate an abrupt descent. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the export prices for platinum ores and concentrates attained its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced a decline in the export price figures.

Platinum Ore Imports in CIS

In 2017, the amount of platinum ores and concentrates imported in CIS totaled X tons, falling by -X% against the previous year. The platinum ore imports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, platinum ore imports stood at $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the platinum ore imports decreased by -X% against 2015 indices. Over the period under review, the platinum ore imports attained its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Platinum Ore Imports by Country in CIS

Kazakhstan was the largest importing country with an import of about X tons, which reached X% of total imports. Russia (X tons) took the second position in the ranking, distantly followed by Belarus (X tons). All these countries together held near X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belarus (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. While the share of Belarus (-X%), Russia (-X%) and Kazakhstan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported platinum ores and concentrates in CIS, making up X% of global imports. The second position in the ranking was occupied by Russia ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan stood at +X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Belarus (+X% per year).

Platinum Ore Import Prices by Country in CIS

The platinum ore import price in CIS stood at $X per kg in 2017, coming down by -X% against the previous year. The platinum ore import price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2014, when the import prices increased by X% y-o-y. The level of import price peaked of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kazakhstan ($X per kg), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belarus (X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform