In 2022, the demand for platinum in China totaled more than 2.4 million ounces. It was forecast to have amounted to more than 2.6 million ounces in 2023. China accounts for the largest volume of platinum demand in the world.
Platinum is one of the least reactive metals in the world and is highly resistant to corrosion. It is often used as a catalyst or as a precious metal.
Gross platinum demand worldwide by region from 2019 to 2022, with a forecast for 2023
(in 1,000 ounces)
Characteristic
2019
2020
2021
2022
2023*
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Heraeus. (May 10, 2023). Gross platinum demand worldwide by region from 2019 to 2022, with a forecast for 2023 (in 1,000 ounces) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/418251/global-platinum-demand-by-region/
Heraeus. "Gross platinum demand worldwide by region from 2019 to 2022, with a forecast for 2023 (in 1,000 ounces)." Chart. May 10, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/418251/global-platinum-demand-by-region/
Heraeus. (2023). Gross platinum demand worldwide by region from 2019 to 2022, with a forecast for 2023 (in 1,000 ounces). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/418251/global-platinum-demand-by-region/
Heraeus. "Gross Platinum Demand Worldwide by Region from 2019 to 2022, with a Forecast for 2023 (in 1,000 Ounces)." Statista, Statista Inc., 10 May 2023, https://www.statista.com/statistics/418251/global-platinum-demand-by-region/
Heraeus, Gross platinum demand worldwide by region from 2019 to 2022, with a forecast for 2023 (in 1,000 ounces) Statista, https://www.statista.com/statistics/418251/global-platinum-demand-by-region/ (last visited July 27, 2024)
Gross platinum demand worldwide by region from 2019 to 2022, with a forecast for 2023 (in 1,000 ounces) [Graph], Heraeus, May 10, 2023. [Online]. Available: https://www.statista.com/statistics/418251/global-platinum-demand-by-region/