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World - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights

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Global Platinum Catalysts Market 2024

Platinum Catalysts Market Size

The global platinum catalysts market soared to $X in 2022, rising by 436% against the previous year. In general, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Platinum Catalysts Production

In value terms, platinum catalysts production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 8.9% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, global production growth remained at a lower figure.

Platinum Catalysts Exports

Exports

In 2022, after three years of growth, there was significant decline in shipments abroad of platinum catalysts, when their volume decreased by -33.2% to X tons. Over the period under review, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2016 with an increase of 56% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the global exports remained at a lower figure.

In value terms, platinum catalysts exports contracted to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Russia (X tons) and Ecuador (X tons) represented roughly 45% of total exports in 2022. It was distantly followed by the UK (X tons), Bulgaria (X tons), Denmark (X tons), Egypt (X tons) and the Czech Republic (X tons), together achieving a 40% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of +198.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the largest platinum catalysts supplier worldwide, comprising 20% of global exports. The second position in the ranking was held by Russia ($X), with a 6.5% share of global exports. It was followed by Egypt, with a 1.6% share.

From 2012 to 2022, the average annual growth rate of value in the UK stood at -2.4%. In the other countries, the average annual rates were as follows: Russia (+23.1% per year) and Egypt (+114.9% per year).

Export Prices by Country

In 2022, the average platinum catalysts export price amounted to $X per ton, rising by 29% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, platinum catalysts export price increased by +41.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 116% against the previous year. The global export price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.9%), while the other global leaders experienced more modest paces of growth.

Platinum Catalysts Imports

Imports

In 2022, purchases abroad of platinum catalysts increased by 122% to X tons, rising for the fourth consecutive year after four years of decline. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 130% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, platinum catalysts imports declined to $X in 2022. Over the period under review, imports posted pronounced growth. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. Global imports peaked at $X in 2021, and then reduced slightly in the following year.

Imports by Country

In 2022, Indonesia (X tons) was the key importer of platinum catalysts, generating 49% of total imports. Spain (X tons) ranks second in terms of the total imports with an 18% share, followed by the Netherlands (9.9%) and Slovakia (9.1%). The following importers - Portugal (X tons), Denmark (X tons) and Norway (X tons) - together made up 7.1% of total imports.

Imports into Indonesia increased at an average annual rate of +77.9% from 2012 to 2022. At the same time, Slovakia (+180.4%), Portugal (+161.9%), Spain (+95.8%), Norway (+44.6%) and Denmark (+13.5%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the world, with a CAGR of +180.4% from 2012-2022. By contrast, the Netherlands (-1.0%) illustrated a downward trend over the same period. While the share of Indonesia (+48 p.p.), Spain (+18 p.p.), Slovakia (+9.1 p.p.), Portugal (+3.5 p.p.) and Norway (+1.5 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the Netherlands (-36 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest platinum catalysts importing markets worldwide were Indonesia ($X), Norway ($X) and the Netherlands ($X), with a combined 23% share of global imports. Spain, Portugal, Denmark and Slovakia lagged somewhat behind, together accounting for a further 3.7%.

Portugal, with a CAGR of +209.4%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average platinum catalysts import price stood at $X per ton in 2022, reducing by -57.1% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 60%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Portugal remains the largest platinum catalysts consuming country worldwide, comprising approx. 38% of total volume. Moreover, platinum catalysts consumption in Portugal exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. The third position in this ranking was occupied by the UK, with a 6.8% share.
The UK constituted the country with the largest volume of platinum catalysts production, comprising approx. 46% of total volume. Moreover, platinum catalysts production in the UK exceeded the figures recorded by the second-largest producer, Norway, threefold. The third position in this ranking was occupied by Spain, with an 8.9% share.
In value terms, the UK remains the largest platinum catalysts supplier worldwide, comprising 19% of global exports. The second position in the ranking was occupied by Australia, with a 5.8% share of global exports. It was followed by Denmark, with a 1.3% share.
In value terms, Uzbekistan constitutes the largest market for imported platinum catalysts worldwide, comprising 8% of global imports. The second position in the ranking was occupied by the Netherlands, with a 2.9% share of global imports. It was followed by France, with a 2.5% share.
The average platinum catalysts export price stood at $995,935 per ton in 2021, increasing by 24% against the previous year.
In 2021, the average platinum catalysts import price amounted to $120,260 per ton, rising by 4.4% against the previous year.

This report provides an in-depth analysis of the global platinum catalysts market. 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 24413070 - Platinum catalysts in the form of wire cloth or grill

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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