China: platinum recycled for jewelry

In 2022, the amount of recycled platinum for jewelry was forecast to amount to about 200,000 ounces. This figure has been consistently decreasing since 2017.

Quantity of recycled platinum for jewelry in China from 2017 to 2022 (in 1,000 ounces)

Characteristic	Gross demand in thousand ounces
2022	200
2021	220
2020	362
2019	465
2018	505
2017	515

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Release date

May 2022

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Region

China

Survey time period

2017 to 2022

Supplementary notes

This statistic was assembled using several editions of the report.

According to source, recycling figures represent estimates of the quantity of metal recovered from open loop recycling (i.e. where the original purchaser does not retain control of the metal throughout). For instance, automotive recycling represents the weight of metal recovered from end of life vehicles and aftermarket scrap in an individual region, allocated to where the car is scrapped rather than where the metal is finally recovered. These figures do not include warranty or production scrap. Where no recycling figures are given, open loop recycling is negligible.

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