Report Update Jan 1, 2025

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

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Romania: Platinum Market 2025

Platinum Market Size in Romania

In 2021, after two years of decline, there was significant growth in the Romanian platinum market, when its value increased by 6.1% to $X. Over the period under review, consumption, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the market value increased by 6.6%. Platinum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Platinum Production in Romania

In value terms, platinum production rose notably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Platinum Exports

Exports from Romania

In 2021, the amount of platinum exported from Romania totaled less than X kg, almost unchanged from the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, platinum exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

Singapore (X kg) was the main destination for platinum exports from Romania, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Singapore was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

The average platinum export price stood at less than $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +4.0% per year.

Platinum Imports

Imports into Romania

In 2021, the amount of platinum imported into Romania stood at less than X kg, flattening at the previous year. In general, imports saw a relatively flat trend pattern.

In value terms, platinum imports totaled less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

Russia (X kg), Germany (X kg) and France (X kg) were the main suppliers of platinum imports to Romania, together accounting for 60% of total imports. Moreover, platinum imports in Russia exceeded the figures recorded by the second-largest supplier, Germany, threefold.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +143.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X), Germany ($X) and the UK ($X) appeared to be the largest platinum suppliers to Romania, with a combined 60% share of total imports. Moreover, platinum imports in Russia exceeded the figures recorded by the second-largest supplier, Germany, threefold.

Russia, with a CAGR of +212.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average platinum import price amounted to less than $X per ton, leveling off at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

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 Russia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+25.0%), 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?

South Africa constituted the country with the largest volume of platinum consumption, accounting for 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 remains the largest platinum producing country worldwide, 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 Romania?

In value terms, Germany constituted the largest supplier of platinum to Romania, comprising 93% of total imports. The second position in the ranking was occupied by the Czech Republic, with a 4% share of total imports. It was followed by the UK, with a 2% share.

What is the average export price for platinum in Romania?

In 2021, the average platinum export price amounted to $8,062 per kg, remaining constant against the previous year.

What is the average import price for platinum in Romania?

The average platinum import price stood at $32,691 per kg in 2021, stabilizing at the previous year.

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

Romania

Data coverage:

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