Platinum scrap and waste exports from Saudi Arabia: data, top buyers and prices
Saudi Arabia exported $110.6 million of platinum scrap and waste in 2024 (343 tonnes). Its share of world exports was 2%. That is 297% more than in 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $110.6M | 343 t |
| 2023 | $27.9M | 230 t |
| 2022 | $86.7M | 273 t |
| 2021 | $76.7M | 339 t |
| 2020 | $114.4M | 1.7K t |
| 2019 | $38.7M | 240 t |
| 2018 | $55.2M | 302 t |
| 2017 | $83.3M | 368 t |
Where Saudi Arabia exports platinum scrap and waste to
One buyer market dominates: Germany accounted for 70% of the value. Among the main buyer markets, United States grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Germany | $77.4M | 70% |
| United States | $32.3M | 29% |
| Japan | $820K | 0.7% |
| Austria | $22K | 0% |
Average export price per kg
The average declared value was about $322.06 per kg, 124% above the world average of $143.68. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia platinum scrap and waste exports (HS 7112.92): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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.
Common questions
What is the value of platinum scrap and waste exported by Saudi Arabia?
Saudi Arabia exported platinum scrap and waste worth $110.6 million in 2024, the latest year with complete public data, about 343 tonnes. That ranks it 14th of 132 countries worldwide, with 2% of world exports. The value was up 297% on 2023.
Which countries buy platinum scrap and waste from Saudi Arabia?
Germany was the largest buyer with 70% of the value ($77.4 million), followed by the United States (29%) and Japan (1%). The top three together account for 100%, out of 4 buyer countries in total. Germany grew fastest among the top ten, up 215% on the year.
What is the average export price of platinum scrap and waste per kg?
The average declared export value was about $322.06 per kg in 2024, 124% above the world average of $143.68 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of platinum scrap and waste from Saudi Arabia changed since 2017?
Exports went from $83.3 million in 2017 to $110.6 million in 2024, an increase of 33%. The peak was 2020 at $114.4 million. Over 8 years the average was $74.2 million a year.
What is the HS code for platinum scrap and waste?
The HS code for platinum scrap and waste is subheading 7112.92. It sits in HS chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The full list of codes and descriptions is on the HS 7112 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Saudi Arabia. Tell us your product to see it live.
Same product, other countries
World platinum scrap and waste trade: top importers and exporters
More trade data for Saudi Arabia
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