Report Update Nov 1, 2024

Croatia - Platinum - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Platinum Market 2024

Platinum Market Size in Croatia

In 2021, the Croatian platinum market increased by 20% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a strong expansion. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Platinum Exports

Exports from Croatia

In 2021, shipments abroad of platinum increased by 200% to X kg for the first time since 2013, thus ending a seven-year declining trend. Overall, exports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 915%. As a result, the exports reached the peak of X kg. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, platinum exports surged to $X in 2021. Over the period under review, exports, however, saw a sharp setback. The pace of growth was the most pronounced in 2013 with an increase of 832%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X kg), Italy (X kg) and Serbia (X kg) were the main destinations of platinum exports from Croatia, together accounting for 99.9% of total exports.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +26.0%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for platinum exports from Croatia, comprising 72% of total exports. The second position in the ranking was held by Italy ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-23.6% per year) and Serbia (+178.5% per year).

Export Prices by Country

The average platinum export price stood at $X per kg in 2021, jumping by 20% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 76% against the previous year. The export price peaked at $X per kg in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per kg), while the average price for exports to Serbia ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+103.3%), while the prices for the other major destinations experienced mixed trend patterns.

Platinum Imports

Imports into Croatia

In 2021, purchases abroad of platinum increased by 16% to X kg, rising for the second consecutive year after two years of decline. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 153% against the previous year. As a result, imports reached the peak of X kg. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, platinum imports surged to $X in 2021. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 114%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Germany (X kg) was the main supplier of platinum to Croatia, with a 93% share of total imports. Moreover, platinum imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X kg), more than tenfold. The third position in this ranking was taken by Sweden (X kg), with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-8.3% per year) and Sweden (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of platinum to Croatia, comprising 100% of total imports. The second position in the ranking was held by Austria ($X), with a 0.2% share of total imports. It was followed by Italy, with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-2.7% per year) and Italy (-54.1% per year).

Import Prices by Country

The average platinum import price stood at $X per kg in 2021, growing by 11% against the previous year. Over the period under review, the import price continues to indicate a mild increase. The pace of growth was the most pronounced in 2014 an increase of 75%. As a result, import price attained the peak level of $X per kg. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per kg), while the price for Sweden ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for platinum in the world?

The country with the largest volume of platinum consumption was South Africa, accounting for 59% of total volume. Moreover, platinum consumption in South Africa exceeded the figures recorded by the second-largest consumer, Russia, sixfold. Zimbabwe ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of platinum in the world?

The country with the largest volume of platinum production was South Africa, accounting for 60% of total volume. Moreover, platinum production in South Africa exceeded the figures recorded by the second-largest producer, Russia, sixfold. Zimbabwe ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of platinum to Croatia?

In value terms, Germany constituted the largest supplier of platinum to Croatia, comprising 100% of total imports. The second position in the ranking was occupied by Austria, with a 0.2% share of total imports.

What are the leading importers of platinum from Croatia?

In value terms, Germany remains the key foreign market for platinum exports from Croatia, comprising 72% of total exports. The second position in the ranking was occupied by Italy, with a 14% share of total exports. It was followed by Serbia, with a 9.5% share.

What is the average export price for platinum in Croatia?

The average platinum export price stood at $7,993 per kg in 2021, which is down by -11.6% against the previous year.

What is the average import price for platinum in Croatia?

In 2021, the average platinum import price amounted to $39,090 per kg, picking up by 6.1% against the previous year.

This report provides an in-depth analysis of the platinum market in Croatia. 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 24413010 -
Prodcom 24413015 -
Prodcom 24413020 -
Prodcom 24413025 -
Prodcom 24413040 -
Prodcom 24413045 -
Prodcom 24413055 -
Prodcom 24413060 -
Prodcom 24413065 -
Prodcom 24413070 - Platinum catalysts in the form of wire cloth or grill
Prodcom 24413030 - Platinum, palladium, rhodium, iridium, osmium and ruthenium, unwrought or in powder form
Prodcom 24413050 - Platinum, palladium, rhodium, iridium, osmium and ruthenium, in semi-manufactured forms (excluding unwrought or in powder form)

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023