In 2022, it was estimated that almost 83 percent of the total gross demand for palladium worldwide came from the automotive sector, dwarfing both the industrial and jewelry industries. That year, around 8.4 million ounces of metal were in need in the automotive segment, while the demand in the jewelry sector was just 93,000 ounces.
Demand of palladium worldwide in 2022, by main sector (in 1,000 ounces)
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Johnson Matthey. (May 11, 2022). Demand of palladium worldwide in 2022, by main sector (in 1,000 ounces) [Graph]. In Statista. Retrieved April 20, 2024, from https://www.statista.com/statistics/254543/global-palladium-demand-by-sector/
Johnson Matthey. "Demand of palladium worldwide in 2022, by main sector (in 1,000 ounces)." Chart. May 11, 2022. Statista. Accessed April 20, 2024. https://www.statista.com/statistics/254543/global-palladium-demand-by-sector/
Johnson Matthey. (2022). Demand of palladium worldwide in 2022, by main sector (in 1,000 ounces). Statista. Statista Inc.. Accessed: April 20, 2024. https://www.statista.com/statistics/254543/global-palladium-demand-by-sector/
Johnson Matthey. "Demand of Palladium Worldwide in 2022, by Main Sector (in 1,000 Ounces)." Statista, Statista Inc., 11 May 2022, https://www.statista.com/statistics/254543/global-palladium-demand-by-sector/
Johnson Matthey, Demand of palladium worldwide in 2022, by main sector (in 1,000 ounces) Statista, https://www.statista.com/statistics/254543/global-palladium-demand-by-sector/ (last visited April 20, 2024)
Demand of palladium worldwide in 2022, by main sector (in 1,000 ounces) [Graph], Johnson Matthey, May 11, 2022. [Online]. Available: https://www.statista.com/statistics/254543/global-palladium-demand-by-sector/