Global palladium demand volume 2014-2025

Published by
Madhumitha Jaganmohan,
Jun 5, 2025

In 2024, the total global demand for palladium reached nearly ************ ounces. By 2025, palladium demand is forecast to decrease to *** million ounces worldwide. 

Palladium, a platinum group metal, is often used as a part of catalytic converters, which is involved in the conversion of the harmful substances in automotive exhaust into less harmful substances.

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Demand for palladium worldwide from 2014 to 2024, with a forecast for 2025 (in 1,000 ounces)

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Release date

May 2025

Region

Worldwide

Survey time period

2014 to 2025

Supplementary notes

*Forecast.

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Palladium mining industry worldwideMiningMining industry in South AfricaTop mining companiesPrecious metal mining in the United States
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