Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore - 2023

Contents:

1. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore (FOB) - 2022
2. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore (CIF) - 2022
3. Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore
4. Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore (FOB) - 2022

The average export price for metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $737,283 per ton in 2022, flattening at the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 4,904%. The export price peaked at $2,421,296 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,814,464 per ton), while the average price for exports to Indonesia ($22,210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.3%), while the prices for the other major destinations experienced a decline.

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore (CIF) - 2022

The average import price for metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $705,626 per ton in 2022, remaining stable against the previous year. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the peak figure at $4,002,478 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,424,104 per ton), while the price for the United States ($155,054 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced a decline.

Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore

After two years of decline, shipments abroad of metals; iridium, osmium, ruthenium, unwrought or in powder forms decreased by 0% to 13 tons in 2022. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of metals; iridium, osmium, ruthenium, unwrought or in powder forms totaled $9.7M in 2022. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form from Singapore in 2022:

1. China (7.5 tons)
2. Indonesia (5.0 tons)
3. Hong Kong SAR (0.2 tons)

Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Singapore

After two years of decline, supplies from abroad of metals; iridium, osmium, ruthenium, unwrought or in powder forms decreased by 0% to 9.3 tons in 2022. In general, imports showed a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $6.6M in 2022. Overall, imports showed significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form to Singapore in 2022:

1. China (8.8 tons)
2. United States (0.2 tons)
3. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform