Metals; Rhodium, Semi-Manufactured Price in South Africa - 2023
Contents:
- Metals; Rhodium, Semi-Manufactured Price in South Africa (FOB) - 2023
- Metals; Rhodium, Semi-Manufactured Price in South Africa (CIF) - 2022
- Metals; Rhodium, Semi-Manufactured Exports in South Africa
- Metals; Rhodium, Semi-Manufactured Imports in South Africa
Metals; Rhodium, Semi-Manufactured Price in South Africa (FOB) - 2023
In July 2023, the average metals; rhodium, semi-manufactured export price amounted to $179M per ton, reducing by -20.4% against the previous month. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in September 2022 an increase of 2.1% against the previous month. Over the period under review, the average export prices reached the peak figure at $452M per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In July 2023, the countries with the highest prices were Japan ($185M per ton) and the UK ($179M per ton), while the average price for exports to the United States ($177M per ton) and Germany ($178M per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-7.1%), while the prices for the other major destinations experienced a decline.
Metals; Rhodium, Semi-Manufactured Price in South Africa (CIF) - 2022
The average metals; rhodium, semi-manufactured import price stood at $31,386 per ton in 2022, shrinking by -98.5% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 301% against the previous year. The import price peaked at $2,121,179 per ton in 2021, and then shrank sharply in the following year.
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 Belgium amounted to +44.8% per year.
Metals; Rhodium, Semi-Manufactured Exports in South Africa
In 2022, shipments abroad of metals; rhodium, semi-manufactureds decreased by -50% to 3.4 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 143%. As a result, the exports reached the peak of 10 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, metals; rhodium, semi-manufactured exports declined sharply to $1.7B in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 175% against the previous year.
| Export of Metals; Rhodium, Semi-Manufactured in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 129 | 190 | 831 | 869 | 88.9% |
| United Kingdom | 83.0 | 243 | 851 | 450 | 75.7% |
| Japan | 50.6 | 7.0 | 112 | 169 | 49.5% |
| Germany | 27.2 | 160 | 168 | 155 | 78.6% |
| Switzerland | N/A | 144 | 45.2 | N/A | -68.6% |
| Others | 4.8 | 66.3 | N/A | 12.8 | 38.7% |
| Total | 294 | 810 | 2,007 | 1,656 | 77.9% |
Top Export Markets for Metals; Rhodium, Semi-Manufactured from South Africa in 2022:
- United States (1780.0 kg)
- United Kingdom (916.0 kg)
- Japan (357.0 kg)
- Germany (326.0 kg)
Metals; Rhodium, Semi-Manufactured Imports in South Africa
In 2022, supplies from abroad of metals; rhodium, semi-manufactureds decreased by -42.1% to 1.7 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 643%. As a result, imports attained the peak of 4.8 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, metals; rhodium, semi-manufactured imports contracted remarkably to $53K in 2022. Over the period under review, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 781%. As a result, imports attained the peak of $6.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metals; Rhodium, Semi-Manufactured in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 5.6 | 11.8 | 51.3 | 202.7% |
| Russia | 554 | 1,173 | 3,596 | N/A | 154.8% |
| Belgium | N/A | 790 | 2,550 | N/A | 222.8% |
| Germany | 159 | 0.7 | N/A | N/A | -99.6% |
| United Kingdom | 1.7 | 1,263 | N/A | N/A | 74194.1% |
| France | N/A | 102 | N/A | N/A | 0% |
| Others | 1.2 | 2,973 | N/A | 1.5 | 7.7% |
| Total | 716 | 6,309 | 6,157 | 52.8 | -58.1% |
Top Suppliers of Metals; Rhodium, Semi-Manufactured to South Africa in 2022:
- Italy (1677.0 kg)
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