Report Update Feb 1, 2025

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

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Slovakia: Platinum Market 2025

Platinum Market Size in Slovakia

In 2021, the Slovak platinum market increased by 539% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Platinum Production in Slovakia

In value terms, platinum production dropped rapidly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decline. The growth pace was the most rapid in 2017 when the production volume increased by 182% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Platinum Exports

Exports from Slovakia

After three years of decline, overseas shipments of platinum increased by 43,177% to X tons in 2021. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, platinum exports soared to $X in 2021. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by 393%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for platinum exports from Slovakia, accounting for a 87% share of total exports. Moreover, platinum exports to France exceeded the volume sent to the second major destination, Poland (X tons), sevenfold.

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

In value terms, Poland ($X) remains the key foreign market for platinum exports from Slovakia, comprising 3.2% of total exports. The second position in the ranking was taken by France ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Poland totaled -34.3%.

Export Prices by Country

The average platinum export price stood at $X per kg in 2021, waning by -99.5% against the previous year. In general, the export price faced a precipitous curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 338%. Over the period under review, the average export prices attained the peak figure at $X per kg in 2014; however, from 2015 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 Poland ($X per kg), while the average price for exports to France totaled $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-43.3%).

Platinum Imports

Imports into Slovakia

After four years of decline, supplies from abroad of platinum increased by 515% to X tons in 2021. Overall, imports recorded a noticeable expansion. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, platinum imports contracted sharply to $X in 2021. Over the period under review, imports, however, recorded a precipitous setback. The growth pace was the most rapid in 2017 with an increase of 180%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest platinum supplier to Slovakia, accounting for a 78% share of total imports. Moreover, platinum imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland totaled +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+78.1% per year) and the UK (-25.4% per year).

In value terms, Germany ($X) constituted the largest supplier of platinum to Slovakia, comprising 70% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +144.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.3% per year) and Poland (-6.8% per year).

Import Prices by Country

In 2021, the average platinum import price amounted to $X per kg, shrinking by -96.5% against the previous year. In general, the import price faced a dramatic contraction. The growth pace was the most rapid in 2017 when the average import price increased by 386% against the previous year. Over the period under review, average import prices attained the peak figure at $X per kg in 2019; however, from 2020 to 2021, import prices remained at a 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 Germany ($X per kg), while the price for Poland ($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 Czech Republic (+9.7%), 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?

South Africa remains the largest platinum producing country worldwide, accounting for 60% of total volume. Moreover, platinum production in South Africa exceeded the figures recorded by the second-largest producer, Russia, sixfold. The third position in this ranking was occupied by Zimbabwe, with a 6.6% share.

What are the leading suppliers of platinum to Slovakia?

In value terms, the largest platinum suppliers to Slovakia were Germany, Italy and Poland, together accounting for 94% of total imports.

What are the leading importers of platinum from Slovakia?

In value terms, the Czech Republic emerged as the key foreign market for platinum exports from Slovakia, comprising 86% of total exports. The second position in the ranking was occupied by Germany, with a 9.4% share of total exports. It was followed by Poland, with a 2.8% share.

What is the average export price for platinum in Slovakia?

In 2021, the average platinum export price amounted to $1,221 per kg, reducing by -61.8% against the previous year.

What is the average import price for platinum in Slovakia?

The average platinum import price stood at $140,293 per ton in 2021, jumping by 44% against the previous year.

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

Slovakia

Data coverage:

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