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

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $361,715 per ton, waning by -6.3% against the previous year. Overall, the import price recorded a sharp setback. The most prominent rate of growth was recorded in 2016 an increase of 26%. The import price peaked at $7,948,600 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -26.6% per year.

Metals; Rhodium, Semi-Manufactured Imports in Jordan

For the fourth consecutive year, Jordan recorded growth in overseas purchases of metals; rhodium, semi-manufactureds, which increased by 20% to 246 kg in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 103%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metals; rhodium, semi-manufactured imports expanded sharply to $89K in 2022. The total import value increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in the near future.