Price for Metals; Palladium, Unwrought or in Powder Form in Ireland - 2023
Contents:
- Price for Metals; Palladium, Unwrought or in Powder Form in Ireland (CIF) - 2023
- Imports of Metals; Palladium, Unwrought or in Powder Form in Ireland
Price for Metals; Palladium, Unwrought or in Powder Form in Ireland (CIF) - 2023
The average import price for metals; palladium, unwrought or in powder forms stood at $41.2M per ton in August 2023, therefore, remained relatively stable against the previous month. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in April 2023 an increase of 21% month-to-month. Over the period under review, average import prices reached the peak figure at $69.1M per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the United States ($43.3M per ton) and South Africa ($43.0M per ton), while the price for the UK ($38.0M per ton) and Germany ($39.1M per ton) were amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (-3.6%), while the prices for the other major suppliers experienced a decline.
Imports of Metals; Palladium, Unwrought or in Powder Form in Ireland
In 2022, approx. 4.6 tons of metals; palladium, unwrought or in powder forms were imported into Ireland; jumping by 81% compared with the year before. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 454% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of metals; palladium, unwrought or in powder forms skyrocketed to $299M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 382%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Metals; Palladium, Unwrought or in Powder Form in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 65.6 | 0% |
| Germany | 36.6 | 29.0 | 56.8 | 51.7 | 12.2% |
| South Africa | 0.8 | N/A | N/A | 48.2 | 292.0% |
| United States | N/A | N/A | 42.5 | 44.0 | 3.5% |
| United Kingdom | 1.1 | 1.4 | 7.0 | 29.5 | 199.3% |
| Switzerland | N/A | N/A | N/A | 26.0 | 0% |
| Norway | N/A | N/A | 3.5 | 12.7 | 262.9% |
| Others | N/A | N/A | 37.0 | 20.9 | -43.5% |
| Total | 38.5 | 30.5 | 147 | 299 | 98.0% |
Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Ireland in 2022:
- Japan (1016.0 kg)
- Germany (786.0 kg)
- South Africa (736.0 kg)
- United States (626.0 kg)
- United Kingdom (504.0 kg)
- Switzerland (377.0 kg)
- Norway (194.0 kg)
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