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

Contents:

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

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

The average metals; rhodium, semi-manufactured export price stood at $1,659,917 per ton in 2022, shrinking by -5% against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 34,708%. Over the period under review, the average export prices reached the peak figure at $10,412,148 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($1,679,531 per ton), while the average price for exports to Italy totaled $1,513,111 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.6%).

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $1,978,540 per ton, declining by -11.4% against the previous year. In general, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 115% against the previous year. Over the period under review, average import prices hit record highs at $2,454,313 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($9,752,347 per ton), while the price for Singapore ($624,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Rhodium, Semi-Manufactured Exports in Vietnam

In 2022, shipments abroad of metals; rhodium, semi-manufactureds decreased by -32.8% to 80 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 214% against the previous year.

In value terms, metals; rhodium, semi-manufactured exports dropped remarkably to $134K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 246%. As a result, the exports reached the peak of $207K, and then declined remarkably in the following year.

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

1. Austria (71.0 kg)
2. Italy (9.0 kg)

Metals; Rhodium, Semi-Manufactured Imports in Vietnam

Metals; rhodium, semi-manufactured imports into Vietnam rose notably to 628 kg in 2022, growing by 14% compared with the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, metals; rhodium, semi-manufactured imports stood at $1.2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 68%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. Singapore (519.0 kg)
2. South Korea (81.0 kg)
3. Italy (26.0 kg)

Source: IndexBox Market Intelligence Platform