Metals; Rhodium, Semi-Manufactured Price in Argentina - 2022

Metals; Rhodium, Semi-Manufactured Price in Argentina (CIF) - 2022

The average metals; rhodium, semi-manufactured import price stood at $226,826 per ton in 2022, falling by -3.5% against the previous year. Over the period under review, the import price recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 an increase of 517% against the previous year. Over the period under review, average import prices attained the maximum at $3,258,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -23.4% per year.

Metals; Rhodium, Semi-Manufactured Imports in Argentina

In 2022, approx. 46 kg of metals; rhodium, semi-manufactureds were imported into Argentina; falling by -4.2% compared with the previous year. In general, imports, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2021 with an increase of 243%. As a result, imports reached the peak of 48 kg, and then fell modestly in the following year.

In value terms, metals; rhodium, semi-manufactured imports fell to $10K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 96%. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.