France: Platinum Market 2025

Platinum Market Size in France

In 2021, the French platinum market increased by 52% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Platinum Production in France

In value terms, platinum production rose markedly to $X in 2021 estimated in export price. In general, production, however, recorded a dramatic slump. The pace of growth was the most pronounced in 2013 when the production volume increased by 22% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Platinum Exports

Exports from France

In 2021, overseas shipments of platinum increased by 23% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 50% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, platinum exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible decrease. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Italy (X kg) and Germany (X kg) were the main destinations of platinum exports from France, together accounting for 77% of total exports. Norway, Switzerland, Spain, the Czech Republic and the UK lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +49.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), the United States ($X) and Germany ($X) constituted the largest markets for platinum exported from France worldwide, with a combined 79% share of total exports. Norway, Switzerland, Spain, the UK and the Czech Republic lagged somewhat behind, together comprising a further 19%.

In terms of the main countries of destination, Norway, with a CAGR of +71.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average platinum export price stood at $X per kg in 2021, with an increase of 6.2% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 111% against the previous year. The export price peaked at $X per kg in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per kg), while the average price for exports to the Czech Republic ($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 Norway (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Platinum Imports

Imports into France

In 2021, supplies from abroad of platinum increased by 46% to X tons, rising for the second consecutive year after five years of decline. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 69%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, platinum imports soared to $X in 2021. In general, imports, however, recorded a abrupt shrinkage. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and the United States (X tons) were the main suppliers of platinum imports to France, together accounting for 73% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +21.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest platinum suppliers to France were Italy ($X), the United States ($X) and the UK ($X), together comprising 53% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +11.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average platinum import price amounted to $X per kg, rising by 2.2% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 71%. Over the period under review, average import prices hit record highs at $X per kg in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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 Switzerland ($X per kg), while the price for Germany ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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