Annual Platinum Supply / Demand Balance (koz)

Source: SFA (Oxford) 2014 - 2018, Metals Focus 2019 - 2025f

The chart provides an overview of the platinum market's supply and demand dynamics from 2014 to 2019, measured in thousands of ounces (koz). It highlights the annual balance between the supply of platinum and the demand for it, reflecting periods of surplus or deficit in the market. Understanding this balance is crucial for stakeholders in the platinum industry, including miners, manufacturers, and investors. The data helps identify trends in production and consumption, influenced by factors such as industrial demand (e.g., automotive catalysts, jewelry), mining output, and recycling rates. By analyzing these trends, the chart offers insights into market stability, price volatility, and potential investment opportunities. This information is essential for making informed decisions in the platinum market and understanding its broader economic implications.