Metals; Rhodium, Semi-Manufactured Price in Denmark - 2023

Metals; Rhodium, Semi-Manufactured Price in Denmark (FOB) - 2022

The average metals; rhodium, semi-manufactured export price stood at $3,747,789 per ton in 2022, surging by 25% against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($5,069,637 per ton), while the average price for exports to the Netherlands ($2,499,028 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 Iceland (+42.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average metals; rhodium, semi-manufactured import price stood at $207,998 per ton in 2022, surging by 3.4% against the previous year. Over the period under review, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 64%. The import price peaked at $2,160,546 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($440,094 per ton), while the price for Germany totaled $186,593 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+191.7%).

Metals; Rhodium, Semi-Manufactured Exports in Denmark

In 2022, the amount of metals; rhodium, semi-manufactureds exported from Denmark dropped significantly to 19 kg, reducing by -51.3% against the previous year. Overall, exports, however, showed modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 333% against the previous year. As a result, the exports attained the peak of 39 kg, and then dropped markedly in the following year.

In value terms, metals; rhodium, semi-manufactured exports reduced notably to $70K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 429% against the previous year. As a result, the exports reached the peak of $118K, and then reduced markedly in the following year.

Export of Metals; Rhodium, Semi-Manufactured in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	25.5	18.7	85.6	33.4	9.4%
Iceland	1.5	2.5	24.6	22.3	145.9%
Netherlands	0.1	0.9	N/A	14.5	425.4%
Austria	0.8	0.2	7.9	N/A	214.2%
Others	N/A	N/A	N/A	N/A	0%
Total	27.9	22.4	118	70.3	36.1%

Top Export Markets for Metals; Rhodium, Semi-Manufactured from Denmark in 2022:

Norway (7.0 kg)
Iceland (6.0 kg)
Netherlands (6.0 kg)

Metals; Rhodium, Semi-Manufactured Imports in Denmark

In 2022, after three years of growth, there was significant decline in overseas purchases of metals; rhodium, semi-manufactureds, when their volume decreased by -14.1% to 329 kg. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 217%. As a result, imports attained the peak of 383 kg, and then declined in the following year.

In value terms, metals; rhodium, semi-manufactured imports contracted to $68K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of $77K, and then shrank in the following year.