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

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $4,493,137 per ton, waning by -10.6% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 97% against the previous year. The import price peaked at $5,027,174 per ton in 2021, and then fell in the following year.

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 Italy ($12,009,448 per ton), while the price for the UK ($2,106,403 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average metals; rhodium, semi-manufactured export price stood at $336,944 per ton in 2022, jumping by 97% against the previous year. In general, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.9% per year.

Metals; Rhodium, Semi-Manufactured Imports in Israel

In 2022, overseas purchases of metals; rhodium, semi-manufactureds were finally on the rise to reach 22 kg after two years of decline. Over the period under review, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metals; rhodium, semi-manufactured imports skyrocketed to $100K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metals; Rhodium, Semi-Manufactured in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.8	17.8	36.7	51.0	79.6%
United Kingdom	9.6	14.0	4.6	29.0	44.6%
Italy	22.3	7.5	10.7	20.0	-3.6%
India	0.8	0.9	0.8	N/A	0.0%
United States	1.6	1.7	1.3	N/A	-9.9%
Others	N/A	N/A	N/A	N/A	0%
Total	43.0	42.0	54.0	100	32.5%

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

United Kingdom (14.0 kg)
Germany (7.0 kg)
Italy (2.0 kg)

Metals; Rhodium, Semi-Manufactured Exports in Israel

In 2022, the amount of metals; rhodium, semi-manufactureds exported from Israel fell sharply to 2 kg, with a decrease of -66.7% compared with 2021. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 200%. As a result, the exports reached the peak of 6 kg, and then dropped notably in the following year.

In value terms, metals; rhodium, semi-manufactured exports dropped notably to $752 in 2022. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year. As a result, the exports attained the peak of $1K, and then fell sharply in the following year.