Metals; Palladium, Semi-Manufactured Price in Sri Lanka - 2021

Contents:

  1. Metals; Palladium, Semi-Manufactured Price in Sri Lanka (CIF) - 2022
  2. Metals; Palladium, Semi-Manufactured Imports in Sri Lanka

Metals; Palladium, Semi-Manufactured Price in Sri Lanka (CIF) - 2022

The average metals; palladium, semi-manufactured import price stood at $2,480,218 per ton in 2022, increasing by 6% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 76%. Over the period under review, average import prices hit record highs at $22,453,856 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($53,804,025 per ton), while the price for France ($804,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Palladium, Semi-Manufactured Imports in Sri Lanka

After three years of growth, supplies from abroad of metals; palladium, semi-manufactureds decreased by -43.2% to 63 kg in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 283%. As a result, imports attained the peak of 111 kg, and then fell sharply in the following year.

In value terms, metals; palladium, semi-manufactured imports declined rapidly to $155K in 2022. In general, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 424% against the previous year. As a result, imports reached the peak of $261K, and then shrank significantly in the following year.

Import of Metals; Palladium, Semi-Manufactured in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR15621.9132103-12.9%
France1.224.960.947.4240.6%
United States6.32.86.14.7-9.3%
Others0.30.261.50.410.1%
Total16449.7261155-1.9%

Top Suppliers of Metals; Palladium, Semi-Manufactured to Sri Lanka in 2022:

  1. France (59.0 kg)
  2. Hong Kong SAR (2.0 kg)
  3. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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