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

Contents:

1. Metals; Rhodium, Semi-Manufactured Price in Germany (CIF) - 2023
2. Metals; Rhodium, Semi-Manufactured Price in Germany (FOB) - 2022
3. Metals; Rhodium, Semi-Manufactured Imports in Germany
4. Metals; Rhodium, Semi-Manufactured Exports in Germany

Metals; Rhodium, Semi-Manufactured Price in Germany (CIF) - 2023

In July 2023, the average metals; rhodium, semi-manufactured import price amounted to $91.4M per ton, jumping by 226% against the previous month. Overall, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From July 2022 to July 2023, the rate of growth in terms of prices for the UK amounted to +7.5% per month.

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

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $485,260,370 per ton, picking up by 60% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,890,157,606 per ton), while the average price for exports to Poland ($861,052 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 Malaysia (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Rhodium, Semi-Manufactured Imports in Germany

After three years of growth, overseas purchases of metals; rhodium, semi-manufactureds decreased by -81.7% to 24 kg in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 829%.

In value terms, metals; rhodium, semi-manufactured imports reduced sharply to $1.6M in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,331% against the previous year.

Top Suppliers of Metals; Rhodium, Semi-Manufactured to Germany in 2022:

1. United Kingdom (19.0 kg)
2. Austria (3.0 kg)
3. Switzerland (2.0 kg)

Metals; Rhodium, Semi-Manufactured Exports in Germany

In 2022, exports of metals; rhodium, semi-manufactureds from Germany reduced remarkably to 14 kg, which is down by -33.3% against 2021 figures. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 75%. As a result, the exports attained the peak of 21 kg, and then declined notably in the following year.

In value terms, metals; rhodium, semi-manufactured exports amounted to $6.9M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +26.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. United Kingdom (3.0 kg)
2. Italy (2.0 kg)
3. Malaysia (2.0 kg)
4. China (2.0 kg)
5. Poland (1.0 kg)
6. Japan (1.0 kg)
7. South Korea (1.0 kg)
8. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform