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Platinum scrap and waste exports from the United Kingdom: data, top buyers and prices

In 2024, the United Kingdom exported platinum scrap and waste worth $434.9 million (3.5 thousand tonnes). That makes it the 3rd largest exporter of this product worldwide, out of 132 countries. Value fell 26% from 2023. Over 2017-2024 the trade grew strongly, by about 11% a year on average. The peak in this period was 2021, at $1.14 billion.

Annual exports
$434.9M
-26% on prior year
Quantity
3.5K t
~$122.59 per kg
World rank
3rd
of 132 countries
Buyer countries
22
7.9% of world exports
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Public statistics, latest complete year (2024). Values in US dollars. Page updated .

Exports by year, 2017-2024

$0K$285.7M$571.3M$857.0M$1.14B20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$434.9M3.5K t
2023$589.5M3.7K t
2022$947.5M4.2K t
2021$1.14B3.9K t
2020$348.7M2.4K t
2019$220.4M1.9K t
2018$212.2M2.3K t
2017$207.1M1.9K t

Where the United Kingdom exports platinum scrap and waste to

Most of it went to United States (41%), Belgium (35%), Sweden (8%). Among the main buyer markets, Sweden grew fastest (+95% on the year before).

Share by partner country, 2024≥25%10-25%3-10%1-3%<1%
DestinationValueShare
United States$177.6M41%
Belgium$151.1M35%
Sweden$36.5M8.4%
Spain$24.2M5.6%
Italy$19.2M4.4%
Czech Republic$7.4M1.7%
Germany$7.3M1.7%
Switzerland$4.1M0.9%
France$3.3M0.8%
Poland$1.7M0.4%

Average export price per kg

The average declared value was about $122.59 per kg, close to the world average of $143.68.

United Kingdom
$122.59/kg
World average
$143.68/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

Platinum scrap and waste imports to the United Kingdom

The United Kingdom imported $306.1 million of platinum scrap and waste in 2024 (2.3 thousand tonnes). It ranks 5th of 68 countries for imports of this product. The largest suppliers were Germany (41%), Croatia (11%), United States (9%). Among the main suppliers, Japan grew fastest (+818% on the year before).

Supplier countryValueShare
Germany$125.8M41%
Croatia$32.4M11%
United States$28.2M9.2%
Spain$26.3M8.6%
Belgium$13.3M4.4%
Taiwan$10.8M3.5%
Japan$10.5M3.4%
Sweden$7.4M2.4%
Austria$5.2M1.7%
Chile$4.9M1.6%
Beyond the public totals

Who is behind these numbers in the United Kingdom?

The shipment records behind United Kingdom platinum scrap and waste exports (HS 7112.92): companies, dates, quantities and declared values.

Shipment records are in the platform

Tell us what you trade and we will show you the latest records on a live call.

United Kingdom on EximDataX

Direct customs feed: shipment-level records from the official customs source.

About this data

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.

Straight answers

Common questions

What is the value of platinum scrap and waste exported by the United Kingdom?

The United Kingdom exported platinum scrap and waste worth $434.9 million in 2024, the latest year with complete public data, about 3.5 thousand tonnes. That ranks it 3rd of 132 countries worldwide, with 8% of world exports. The value was down 26% on 2023.

Which countries buy platinum scrap and waste from the United Kingdom?

The United States was the largest buyer with 41% of the value ($177.6 million), followed by Belgium (35%) and Sweden (8%). The top three together account for 84%, out of 22 buyer countries in total. The Czech Republic grew fastest among the top ten, up 201% on the year.

What is the average export price of platinum scrap and waste per kg?

The average declared export value was about $122.59 per kg in 2024, 15% below the world average of $143.68 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.

How have exports of platinum scrap and waste from the United Kingdom changed since 2017?

Exports went from $207.1 million in 2017 to $434.9 million in 2024, an increase of 110%. The peak was 2021 at $1.14 billion. Over 8 years the average was $512.9 million a year.

Does the United Kingdom also import platinum scrap and waste?

Yes. The United Kingdom imported $306.1 million worth of this product in 2024, mainly from Germany, Croatia and the United States. On balance the United Kingdom is a net exporter of this product, by about $128.8 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?

Shipment-level records for the United Kingdom reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.

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