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

Contents:

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

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $5,805,927 per ton, jumping by 22% against the previous year. Overall, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 210% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 the United States ($6,689,186 per ton), while the price for Denmark ($1,148,795 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average metals; rhodium, semi-manufactured export price stood at $1,159,920 per ton in 2022, reducing by -14.9% against the previous year. In general, the export price recorded a dramatic contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 646%. Over the period under review, the average export prices reached the maximum at $14,107,387 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Denmark amounted to +58.5% per year.

Metals; Rhodium, Semi-Manufactured Imports in Norway

Metals; rhodium, semi-manufactured imports into Norway declined remarkably to 42 kg in 2022, which is down by -90% on the previous year. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,654% against the previous year. As a result, imports attained the peak of 421 kg, and then shrank markedly in the following year.

In value terms, metals; rhodium, semi-manufactured imports fell dramatically to $244K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,316% against the previous year. As a result, imports attained the peak of $2M, and then fell remarkably in the following year.

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

1. United States (35.0 kg)
2. Germany (4.0 kg)
3. Denmark (2.0 kg)
4. Italy (1.0 kg)

Metals; Rhodium, Semi-Manufactured Exports in Norway

Metals; rhodium, semi-manufactured exports from Norway skyrocketed to 25 kg in 2022, with an increase of 257% against 2021. Over the period under review, exports showed buoyant growth.

In value terms, metals; rhodium, semi-manufactured exports skyrocketed to $29K in 2022. In general, exports, however, showed a pronounced shrinkage.

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

1. United States (25.0 kg)

Source: IndexBox Market Intelligence Platform