Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria - 2023

Contents:

1. Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria (CIF) - 2023
2. Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria (FOB) - 2022
3. Imports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria
4. Exports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria

Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria (CIF) - 2023

In June 2023, the average import price for metals; iridium, osmium, ruthenium, semi-manufactureds amounted to $94.9M per ton, dropping by -41.2% against the previous month. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 97% m-o-m. The import price peaked at $222M per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.

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

From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to -6.0% per month.

Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria (FOB) - 2022

The average export price for metals; iridium, osmium, ruthenium, semi-manufactureds stood at $18,126,123 per ton in 2021, with an increase of 96% against the previous year. In general, the export price showed resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 158% against the previous year. The export price peaked at $33,601,833 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($43,079,829 per ton), while the average price for exports to Bulgaria ($1,195,566 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria

For the fourth year in a row, Austria recorded growth in overseas purchases of metals; iridium, osmium, ruthenium, semi-manufactureds, which increased by 9.3% to 248 kg in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +61.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured imports surged to $32M in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 86%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured to Austria in 2022:

1. Germany (227.0 kg)
2. United States (5.0 kg)
3. Lithuania (2.0 kg)

Exports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in Austria

For the fourth year in a row, Austria recorded growth in shipments abroad of metals; iridium, osmium, ruthenium, semi-manufactureds, which increased by 17% to 91 kg in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 81%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured exports surged to $2.9M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 173%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured from Austria in 2022:

1. Bulgaria (470.0 kg)
2. Germany (28.0 kg)
3. Sweden (10.0 kg)
4. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform