Platinum scrap and waste trade by country: top importers, exporters and prices
World trade in platinum scrap and waste was worth $5.52 billion in 2024, about 38.4 thousand tonnes. That is an increase of 42% since 2017, and down 27% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $5.52B | 38.4K t |
| 2023 | $7.56B | 32.1K t |
| 2022 | $12.83B | 45.2K t |
| 2021 | $17.15B | 53.6K t |
| 2020 | $10.83B | 75.8K t |
| 2019 | $6.48B | 38.7K t |
| 2018 | $4.89B | 49.6K t |
| 2017 | $3.90B | 26.6K t |
Top platinum scrap and waste exporting countries
The United States is the largest exporter with 16% of world exports, followed by Germany and the United Kingdom. The top three supply 35% between them, out of 132 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| United States | $857.8M | 16% |
| Germany | $613.5M | 11% |
| United Kingdom | $434.9M | 7.9% |
| France | $325.0M | 5.9% |
| Canada | $270.7M | 4.9% |
| Czech Republic | $217.4M | 3.9% |
| Singapore | $216.6M | 3.9% |
| Japan | $169.8M | 3.1% |
| South Korea | $157.4M | 2.9% |
| Poland | $144.2M | 2.6% |
| China | $127.9M | 2.3% |
| United Arab Emirates | $125.6M | 2.3% |
Top importing countries and buyer markets
Germany is the biggest buyer with 21% of world imports, ahead of the United States and Japan. Demand is concentrated: the top three take 56% across 68 importing countries.
| Importer | Value | Share |
|---|---|---|
| Germany | $1.17B | 21% |
| United States | $977.1M | 18% |
| Japan | $953.6M | 17% |
| Belgium | $707.9M | 13% |
| United Kingdom | $306.1M | 5.5% |
| South Korea | $243.6M | 4.4% |
| Switzerland | $219.2M | 4% |
| Singapore | $209.7M | 3.8% |
| Italy | $166.1M | 3% |
| Austria | $131.7M | 2.4% |
| Taiwan | $80.0M | 1.5% |
| Sweden | $62.8M | 1.1% |
Average price per kg
The world average declared value was about $143.68 per kg in 2024. Among the main exporters, Singapore averaged $399.00 per kg and the Czech Republic $88.32 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Related product types
Who is behind these numbers in this market?
The shipment records behind Platinum scrap and waste (HS 7112.92) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7112.92: Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals. HS 7112 codes.
Common questions
Which countries export the most platinum scrap and waste?
The United States exported $857.8 million in 2024, 16% of the world total, followed by Germany (11%) and the United Kingdom (8%). In all, 132 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most platinum scrap and waste?
Germany imported $1.17 billion in 2024, 21% of world imports, ahead of the United States (18%) and Japan (17%). The top three importers together take 56%. Each country with its own page is linked from the table.
How big is the world trade in platinum scrap and waste?
It was worth $5.52 billion in 2024, about 38.4 thousand tonnes. That is an increase of 42% since 2017. The peak year was 2021 at $17.15 billion. 132 countries reported exports and 68 reported imports.
What is the average price of platinum scrap and waste per kg?
The world average declared value was about $143.68 per kg in 2024. Among the main exporters, Singapore averaged $399.00 per kg and the Czech Republic $88.32 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for platinum scrap and waste?
The HS code for platinum scrap and waste is subheading 7112.92, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7112 page.
How can I find platinum scrap and waste buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show platinum scrap and waste buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
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