Report Update Feb 1, 2025

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

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Egypt: Platinum Market 2025

Platinum Market Size in Egypt

The Egyptian platinum market expanded rapidly to $X in 2021, increasing by 10% against the previous year. Overall, consumption, however, saw a noticeable reduction. Platinum consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Platinum Production in Egypt

In value terms, platinum production totaled $X in 2021 estimated in export price. In general, production, however, saw a pronounced setback. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Platinum Exports

Exports from Egypt

In 2021, approx. X tons of platinum were exported from Egypt; jumping by 135% on 2020 figures. Overall, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by 622%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, platinum exports surged to $X in 2021. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 251%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X tons) was the main destination for platinum exports from Egypt, with a 84% share of total exports. Moreover, platinum exports to the UK exceeded the volume sent to the second major destination, Italy (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +69.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+24.9% per year) and India (-3.2% per year).

In value terms, the UK ($X) remains the key foreign market for platinum exports from Egypt, comprising 88% of total exports. The second position in the ranking was taken by Italy ($X), with a 4.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to +110.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+37.5% per year) and India (+0.3% per year).

Export Prices by Country

The average platinum export price stood at $X per kg in 2021, growing by 22% against the previous year. In general, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2018 an increase of 109%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per kg), while the average price for exports to Italy ($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 the UK (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Platinum Imports

Imports into Egypt

After three years of growth, overseas purchases of platinum decreased by -55.3% to X kg in 2021. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 2,399%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, platinum imports contracted sharply to $X in 2021. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 2,535% against the previous year. Imports peaked at $X in 2020, and then fell notably in the following year.

Imports by Country

In 2021, the UK (X kg) constituted the largest platinum supplier to Egypt, accounting for a 63% share of total imports. Moreover, platinum imports from the UK exceeded the figures recorded by the second-largest supplier, India (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK stood at +24.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+35.0% per year) and Germany (+40.6% per year).

In value terms, the UK ($X) constituted the largest supplier of platinum to Egypt, comprising 68% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the UK stood at +43.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+64.3% per year) and India (+39.9% per year).

Import Prices by Country

In 2021, the average platinum import price amounted to $X per kg, rising by 50% against the previous year. In general, the import price posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 166%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per kg), while the price for India ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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, comprising approx. 59% of total volume. Moreover, platinum consumption in South Africa exceeded the figures recorded by the second-largest consumer, Russia, sixfold. The third position in this ranking was occupied by Zimbabwe, with a 6.5% share.

What are the largest producers of platinum in the world?

South Africa constituted the country with the largest volume of platinum production, comprising approx. 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 Egypt?

In value terms, the largest platinum suppliers to Egypt were the UK, Germany and India, with a combined 99% share of total imports.

What is the average export price for platinum in Egypt?

The average platinum export price stood at $24,696 per kg in 2021, with an increase of 118% against the previous year.

What is the average import price for platinum in Egypt?

In 2021, the average platinum import price amounted to $45,414 per kg, rising by 54% against the previous year.

This report provides an in-depth analysis of the platinum market in Egypt. 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:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024