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

Contents:

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

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

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $105,988,298 per ton, jumping by 30% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2018 when the average export price increased by 125%. The export price peaked in 2022 and is expected to retain 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 the United States ($608,033,778 per ton), while the average price for exports to Taiwan (Chinese) ($64,395,151 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 the United States (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $838,673,108 per ton, picking up by 106% against the previous year. Overall, the import price posted significant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 189% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,091,645,722 per ton), while the price for the UK amounted to $211,913,256 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Rhodium, Semi-Manufactured Exports in Japan

In 2022, metals; rhodium, semi-manufactured exports from Japan skyrocketed to 261 kg, jumping by 39% on 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 655%. As a result, the exports attained the peak of 400 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metals; rhodium, semi-manufactured exports surged to $28M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 591% against the previous year. As a result, the exports reached the peak of $39M. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. South Korea (155.0 kg)
2. Taiwan (Chinese) (34.0 kg)
3. Hong Kong SAR (32.0 kg)
4. China (23.0 kg)
5. Germany (10.0 kg)

Metals; Rhodium, Semi-Manufactured Imports in Japan

In 2022, purchases abroad of metals; rhodium, semi-manufactureds decreased by -33.3% to 2 kg, falling for the second consecutive year after two years of growth. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 350% against the previous year. As a result, imports reached the peak of 9 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metals; rhodium, semi-manufactured imports skyrocketed to $1.4M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 81% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform