What this market covers
Platinum in semi-manufactured forms.
Typical segments
- Platinum sheet
- Platinum wire
- Platinum tube
- Platinum gauze
Why this market is moving now
- World trade grew 14% from 2019 to 2024, a direct read on cross-border demand.
- The United Kingdom is gaining ground: its exports rose 33% from 2019 to 2024, the fastest among the ten largest exporters.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of semi-manufactured platinum (HS 711019) were worth $6.30 billion in 2024. | 6.30 USD billion | 2024 | |
| World exports were 14% higher in 2024 than in 2019 ($5.54 billion), calculated from the annual totals. | +14 % since 2019 | 2024 | |
| South Africa was the largest exporter in 2024, with 34% of world exports ($2.13 billion). | 34 % of world exports | 2024 | |
| The three largest exporters, South Africa, the United Arab Emirates and the United Kingdom, shipped 54% of world exports in 2024. | 54 % of world exports | 2024 | |
| The United Kingdom was the largest importer in 2024, buying $1.25 billion, or 20% of world imports. | 20 % of world imports | 2024 | |
| 38 countries exported more than $1 million of this product in 2024. | 38 countries | 2024 | |
| The average world export price was about $26,791.53 per kilogram in 2024, calculated from value and weight. | 26,791.53 USD per kg | 2024 | |
| Countries exported 235 tonnes of this product in 2024. | 235 tonnes | 2024 | |
| Among the ten largest exporters, the United Kingdom grew fastest, with exports up 33% from 2019 to 2024. | +33 % since 2019 | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Jewellers
- Laboratory suppliers
- Industrial manufacturers
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
- Written to order in 5 working days
Frequently asked questions
How big is the global semi-manufactured platinum market?
There is no single official market total. World exports of HS 711019 reached $6.30 billion in 2024, a direct measure of cross-border trade.
Which countries export the most semi-manufactured platinum?
South Africa led world exports in 2024 with 34% of the total, followed by the United Arab Emirates, the United Kingdom and Japan.
Which countries import the most semi-manufactured platinum?
The United Kingdom was the largest importer in 2024, followed by India, China and Hong Kong.
Is world trade in semi-manufactured platinum growing?
World exports were 14% higher in 2024 than in 2019.
What is the average export price of semi-manufactured platinum?
Dividing world export value by weight gives about $26,791.53 per kilogram in 2024.
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