Precious Metals & Minerals · World Platinum Investment Council (WPIC)

World Platinum Investment Council Supply & Demand Data

Datadory delivers world platinum investment council supply demand data covering half a century of platinum market fundamentals - refined production split across South Africa, Zimbabwe, North America and Russia, recycling, demand by sector, market balance and above-ground stocks - resolved against seven documented fields from an annual spine reaching back to 1975.

API, files, or your warehouse. Daily, weekly, or hourly.

Where it covers
Global totals first, then a producer split that puts South Africa's dominance in numbers beside Zimbabwe, North America, Russia and an Other bucket; demand is reported worldwide by sector rather than by consuming country
How far back
An annual spine from 1975 through the current year, spliced across three compiler eras - Johnson Matthey to 2012, SFA (Oxford) 2013-2018, Metals Focus from 2019 - with recent-period quarterly columns and a two-to-five-year forecast horizon in the current-edition tables
How fine
Annual for the long history, quarterly for recent periods and forecasts; every quantity in thousands of troy ounces, one column-year per observation

What is the World Platinum Investment Council supply demand data dataset?

The platinum market keeping score on itself. The World Platinum Investment Council is the industry body funded by the major platinum producers, and its supply-and-demand hub has five parts: Platinum Quarterly (the flagship - the 47th edition analysed Q1 2026 with a revised full-year 2026 view, issued in multiple languages), a two-to-five-year outlook, Charts & Tables, an Archive, and the Historical Data core where the long-run numbers live.

That core states the proposition plainly: platinum supply and demand fundamentals from 1975 onwards, spliced across three compiler eras - Johnson Matthey for the decades through 2012, SFA (Oxford) for 2013-2018, Metals Focus from 2019 onward. The current-edition table set runs to roughly 111 sheets, and Table 1 is the one most teams want: the Platinum Supply-demand Balance, with columns for each year and rows running from refined production by region through stock movements, recycling by end-use, total supply, demand across four sectors, total demand, the market balance and cumulative above-ground stocks.

Every figure resolves against seven documented fields, verified during research, all denominated in thousands of troy ounces. Within Datadory's catalog of 1,744 datasets across 159 viable industries, this record scores 8/10 for quality - among the strongest fundamentals sources in the 27-record precious metals & minerals slice.

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What do the sample rows look like?

One real column-year from the balance table, flat exactly as its fields arrive:

table                    : Platinum Supply-demand Balance
Year                     : 2013
Refined_Production_koz   : 6070
South_Africa_koz         : 4355
Zimbabwe_koz             : 405
North_America_koz        : 355
Russia_koz               : 740
Total_Mining_Supply_koz  : 5855
Recycling_koz            : 2000
Total_Supply_koz         : 7855
Automotive_Demand_koz    : 3110
Jewellery_Demand_koz     : 2945
Total_Demand_koz         : 8605
Balance_koz              : -750
Above_Ground_Stocks_koz  : 3390

That single year settles three questions buyers usually have to ask twice. First, concentration: South Africa's 4,355 koz of refined production is nearly three-quarters of the 6,070 koz total, which is why the regional split matters more here than in almost any other commodity ledger. Second, breadth: automotive and jewellery demand arrive as separate named lines (3,110 and 2,945 koz respectively), so sector arguments need no reverse-engineering out of narrative text. Third, ledger discipline: the balance prints negative (-750 koz, a deficit year), the arithmetic ties out across rows, and cumulative above-ground stocks carry forward at 3,390 koz - the inventory buffer every deficit story ultimately draws down.

Every other column-year repeats this anatomy, back through 1975 and forward through the current-edition forecast horizon.

What fields does the dataset include?

Seven documented fields, definitions verified during research - small enough to learn in minutes, complete for what a supply-and-demand ledger owes you. One period column (Year / Quarter) stamps annual columns from 1975 onward, quarterly detail and forecast periods; Refined Production holds total refined output; the regional split assigns it across South Africa, Zimbabwe, North America, Russia and Other; Recycling carries secondary supply by end-use stream; the sector quartet splits demand into automotive, jewellery, industrial and investment; Balance states supply minus demand; and Above Ground Stocks cumulates estimated inventory at period end.

There is no hidden tail beyond these seven. What the dictionary below shows is the entire headline schema; the deeper cut lives in the sub-components - chemical, petroleum, electrical, glass, medical & biomedical and hydrogen stationary inside industrial demand, bars-and-coins, ETF-holdings and exchange-stock changes inside investment - which ride along as named line items and arrive defined on request.

What does coverage look like across geography, time and granularity?

Geography - global totals first, then a producer split that makes concentration measurable: South Africa beside Zimbabwe, North America, Russia and Other, year by year. Demand is reported worldwide by sector rather than by consuming country, so regional demand arguments need an external join - the supply side, where geography actually bites, is fully split.

Temporal - an annual spine from 1975 through the current year, spliced across three compiler eras: Johnson Matthey to 2012, SFA (Oxford) 2013-2018, Metals Focus from 2019. Recent periods carry quarterly columns, and the current-edition tables extend a two-to-five-year forecast horizon. One caveat worth planning around: the oldest era explicitly tracks net demand rather than gross, so era boundaries deserve respect in any splice.

Granularity - annual for the long history, quarterly for recent periods and forecasts, one column-year per observation, every quantity in thousands of troy ounces. A fifty-year panel fits in a spreadsheet; fitting it into your model takes nothing more.

How is the data delivered?

API, files, or your warehouse. Daily, weekly, or hourly.

Name the sectors, the regions, the era handling you want and the window when you request the sample - the full 1975-onward panel, post-2013 on a single compiler basis, or just the balance and stocks columns your model consumes. The sample ships first either way; extraction, era-splicing and normalization are our problem, and the ongoing feed lands on whatever cadence your workflow runs, shaped to the scope you named rather than as an undifferentiated dump.

Who uses this data, and for what?

A fifty-year market ledger earns its keep in five jobs:

  • Investors and quant researchers - the fundamental series underneath the platinum price: balance, stocks and sector demand paired against fixings feeds for factor and deficit-cycle strategies.
  • Market researchers and consultants - the exhibit reviewers stop arguing about: production shares, demand mix and deficit years cited straight from the industry body's own arithmetic.
  • Data scientists and ML engineers - typed, regularly spaced annual rows that drop into forecasting pipelines as targets or features with no transcription pass up front.
  • Developers and builders - dashboards and alerting keyed to balance flips and stock drawdowns, wired against one flat repeated layout.
  • Competitive intelligence teams - demand-side context for products exposed to platinum, from autocatalyst programs to hydrogen hardware, evidenced with the market's own numbers.

Deeper guidance sits on the investors & quants, market researchers and data scientists persona pages.

Which personas get the most value?

Investors & Quant Researchers get the ledger the price trades on - deficits and stock drawdowns typed per year since 1975, ready to align against any benchmark series. Market Researchers & Consultants get provenance that traces to the producers' own council, compiled per era by named research houses, which is the citation peer review accepts. Data Scientists & ML Engineers get seven typed columns and explicit units throughout, so a deficit never masquerades as a parse error mid-pipeline. Developers & Builders get the smallest plausible integration surface: one balance-table layout, repeated identically across eras and editions. Competitive Intelligence & Product Teams get neutral ground truth - their platinum-exposed product lines measured against the industry's own demand accounting. Start from the precious metals & minerals data hub, then read platinum production by country for the country-level cut of the supply story.

Provenance note - published by the World Platinum Investment Council (WPIC), the industry body funded by major platinum producers, with the underlying series attributed per compiler era: Johnson Matthey through 2012, SFA (Oxford) for 2013-2018 and Metals Focus from 2019. First-party framing with third-party compilation; the compiler attribution rides along with the numbers and belongs in any citation.

Methodology note - era splicing needs care. Series definitions shift across compilers, and the oldest era explicitly tracks net demand rather than gross, so a naive 1975-2025 concatenation mixes bases. Treat the splice points (2012/2013, 2018/2019) as seams to inspect, and expect the sample pass to confirm which basis answers your question before anything recurring ships.

Completeness note - Datadory scores this record 8/10 against a catalog mean of 7.81 across 1,744 datasets, top-quartile within the 27-record precious metals & minerals slice. The ceiling is definitional rather than structural: compiler-era discontinuities cap how cleanly the deepest history merges. For the same house-record treatment of neighbouring metals, start from World Gold Council Goldhub data and Silver Institute market statistics, or read the ranked best precious metals & minerals datasets.

Field dictionary

Every field below is documented against real records. The full dictionary ships with the sample.

Field dictionary - World Platinum Investment Council supply & demand data (verified)
FieldTypeDefinitionExample
Year / QuarterdatePeriod column of the balance table: annual columns 1975-2025 across compiler eras, plus quarterly detail and forecast periods in the current-edition tables.2013
Refined ProductionnumberTotal refined platinum production in thousands of ounces, split by producer-region rows.6070
South Africa / Zimbabwe / North America / Russia / OthernumberRegional components of refined production; South Africa typically near three-quarters of the total.4355
RecyclingnumberRecycled (secondary) platinum supplied by end-use stream - autocatalyst, jewellery and industrial - in thousands of ounces.2000
Automotive / Jewellery / Industrial / InvestmentnumberDemand by sector in thousands of ounces, each sector carrying named sub-components such as chemical, glass or ETF holdings change.2945
BalancenumberTotal supply minus total demand; negative values indicate a market deficit met from inventory.-750
Above Ground StocksnumberCumulative estimated above-ground platinum inventory at period end, in thousands of ounces.3390

What teams do with it

  • Deficit-cycle investment theses Balance and above-ground-stocks columns turn 'the market is tight' into a signed number per year, so a shortage argument cites the ledger instead of a conference slide.
  • Substitution and thrifting research Automotive demand read against PGM price spreads shows where platinum gained or lost loadout to palladium, with the series depth to separate cycle from trend.
  • Hydrogen and industrial demand sizing A named hydrogen-stationary line inside industrial demand gives emerging-application models a baseline that predates the hype, alongside chemical, glass and electrical offtake.
  • Supply-concentration risk modeling Five-region production splits make South Africa's share measurable year by year, feeding scenario work on power, labor and logistics shocks to refined output.
  • Recycling and scrap supply forecasting Secondary supply carries its own line split by autocatalyst, jewellery and industrial end-use, so recovery-rate assumptions test against observed tonnage rather than guesswork.

Questions buyers ask

What does the World Platinum Investment Council supply demand data include?

The platinum market's own supply-and-demand ledger: refined production split across South Africa, Zimbabwe, North America, Russia and Other, stock movements, recycling by end-use, demand across automotive, jewellery, industrial and investment sectors, the resulting market balance and cumulative above-ground stocks - seven documented fields per column-year, all in thousands of troy ounces.

How far back does the platinum history go?

To 1975. The long run is spliced across three compiler eras - Johnson Matthey through 2012, SFA (Oxford) for 2013-2018 and Metals Focus from 2019 - with recent-period quarterly detail and a two-to-five-year forecast horizon in the current-edition tables. The oldest era tracks net demand rather than gross, which the seam handling respects.

Which countries does the production split cover?

Four named producer regions plus a residual bucket: South Africa, Zimbabwe, North America and Russia, with Other collecting the remainder. South Africa typically accounts for around three-quarters of refined output, so the split is less a nice-to-have than the whole point of the supply side.

What sits inside industrial demand?

Named sub-components: chemical, petroleum, electrical, glass, medical & biomedical, hydrogen stationary and other industrial. The headline field carries the sector total, and each sub-line arrives defined with examples once your sample names the applications it should cover - hydrogen stationary being the line most new models start from.

What do negative balances and above-ground stocks mean?

Balance is total supply minus total demand, so a negative value marks a deficit year met from inventory. Above Ground Stocks is the cumulative estimated inventory at period end - the buffer deficits draw down and surpluses rebuild. Read together, the two columns turn a price thesis into an inventory argument.

How is the data delivered?

Through Datadory: API, files, or your warehouse, on a cadence you name - daily, weekly, or hourly. You specify the sectors, regions, era handling and window in the sample brief; the sample ships first either way, and the ongoing feed is shaped to the scope you named rather than arriving as an undifferentiated dump.

Can the series be joined to my own price or macro tables?

Yes. Rows key on period with a fixed field order and explicit units, so a join on time aligns cleanly against fixings feeds, macro releases or your position data. Pairing the balance and stocks columns with a price series is the classic setup - fundamentals explain what price momentum alone cannot.

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