Armenia"s platinum market has shown significant activity in recent years, with noteworthy trends in both trade volumes and pricing. In 2024, the export of platinum and similar commodities reached substantial figures, with 421,103. 893 kg of "Silver, platinum, unwrought or powder" being exported, amounting to $399,527,148. 99. This reflects a robust demand for Armenian platinum, driving export values sharply upwards. Conversely, imports also saw a significant increase. Particularly, the import of "Silver, platinum, unwrought or powder" amounted to 450,827. 3 kg, valued at $389,646,343.

05 in 2024. This suggests a diversified supply chain and possibly a strategy to meet local demand or for re-export purposes. Trade in semi-manufactured platinum products also played a crucial role, with exports totaling 2,076. 75 kg, valued at $153,174,068. 04. This highlights Armenia"s capability to export not just raw materials but also value-added products, indicating a maturing market. Price trends show an upward trajectory, with the average price per kg of exported platinum in its various forms rising significantly from previous years. This is in line with global market trends where precious metals have seen increased valuation due to economic uncertainties and inflation fears.

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