Global palladium demand volume 2014-2022
In 2021, the total global demand for palladium reached nearly 9.35 million ounces. In 2022, palladium demand is forecast to increase to 10 million ounces worldwide.
Palladium, a platinum group metal, is often used as a part of catalytic converters, which is involved in the conversion of the harmful substances in automotive exhaust into less harmful substances.
Palladium, a platinum group metal, is often used as a part of catalytic converters, which is involved in the conversion of the harmful substances in automotive exhaust into less harmful substances.
