In 2024, the gross global demand for platinum is estimated to be around 7.6 million ounces. 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.
Demand for platinum worldwide from 2005 to 2024
(in 1,000 ounces)
* Figures prior to 2019 were taken from several editions of the GFMS Platinum and Palladium Survey, the last edition of which is available here.
**Forecast.
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GFMS, & Thomson Reuters, & Johnson Matthey. (May 7, 2024). Demand for platinum worldwide from 2005 to 2024 (in 1,000 ounces) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/418216/global-platinum-demand/
GFMS, und Thomson Reuters, und Johnson Matthey. "Demand for platinum worldwide from 2005 to 2024 (in 1,000 ounces)." Chart. May 7, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/418216/global-platinum-demand/
GFMS, Thomson Reuters, Johnson Matthey. (2024). Demand for platinum worldwide from 2005 to 2024 (in 1,000 ounces). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/418216/global-platinum-demand/
GFMS, and Thomson Reuters, and Johnson Matthey. "Demand for Platinum Worldwide from 2005 to 2024 (in 1,000 Ounces)." Statista, Statista Inc., 7 May 2024, https://www.statista.com/statistics/418216/global-platinum-demand/
GFMS & Thomson Reuters & Johnson Matthey, Demand for platinum worldwide from 2005 to 2024 (in 1,000 ounces) Statista, https://www.statista.com/statistics/418216/global-platinum-demand/ (last visited December 24, 2024)
Demand for platinum worldwide from 2005 to 2024 (in 1,000 ounces) [Graph], GFMS, & Thomson Reuters, & Johnson Matthey, May 7, 2024. [Online]. Available: https://www.statista.com/statistics/418216/global-platinum-demand/
