Russian Federation: Platinum Catalysts Market 2025

Platinum Catalysts Market Size in the Russian Federation

The Russian platinum catalysts market soared to $X in 2022, growing by 17% against the previous year. In general, consumption continues to indicate a noticeable increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Platinum Catalysts Production in the Russian Federation

In value terms, platinum catalysts production stood at $X in 2022 estimated in export price. In general, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32% against the previous year. Platinum catalysts production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Platinum Catalysts Exports

Exports from the Russian Federation

In 2022, exports of platinum catalysts from Russia fell markedly to X tons, reducing by -32.4% against 2021. Overall, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2016 with an increase of 208%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, platinum catalysts exports shrank sharply to $X in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 252%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Uzbekistan (X tons) was the main destination for platinum catalysts exports from Russia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan totaled +11.9%.

In value terms, Uzbekistan ($X) also remains the key foreign market for platinum catalysts exports from Russia.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan totaled +21.0%.

Export Prices by Country

The average platinum catalysts export price stood at $X per ton in 2022, surging by 25% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 62%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +13.7% per year.

Platinum Catalysts Imports

Imports into the Russian Federation

For the third consecutive year, Russia recorded growth in supplies from abroad of platinum catalysts, which increased by 33% to X kg in 2019. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2017 when imports increased by 200%. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in years to come.

In value terms, platinum catalysts imports stood at $X in 2019. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 165% against the previous year. Imports peaked in 2019 and are likely to see steady growth in the near future.

Imports by Country

In 2019, Germany (X kg) constituted the largest supplier of platinum catalysts to Russia, with a approx. 50% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of platinum catalysts to Russia.

From 2012 to 2019, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

In 2019, the average platinum catalysts import price amounted to $X per kg, waning by -24.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 52%. As a result, import price reached the peak level of $X per kg. From 2017 to 2019, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2019, the rate of growth in terms of prices for the United States amounted to +17.4% per year.

Source: IndexBox Platform

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