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

Contents:

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

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

In September 2023, the average import price for metals; iridium, osmium, ruthenium, semi-manufactureds amounted to $3.5M per ton, falling by -12.7% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 47% m-o-m. The import price peaked at $4.1M per ton in August 2023, and then shrank in the following month.

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

From September 2022 to September 2023, the rate of growth in terms of prices for Italy amounted to +0.8% per month.

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

In 2021, the average export price for metals; iridium, osmium, ruthenium, semi-manufactureds amounted to $3,163,202 per ton, with an increase of 191% against the previous year. In general, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 938%. Over the period under review, the average export prices attained the peak figure at $3,270,559 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($1,283,442 per ton), while the average price for exports to France ($22,077 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 India (+73.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, metals; iridium, osmium, ruthenium, semi-manufactured imports into Thailand reached 622 kg, remaining relatively unchanged against 2021 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured imports contracted dramatically to $38K in 2022. In general, imports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 345% against the previous year. As a result, imports reached the peak of $2.3M, and then declined notably in the following year.

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

1. Italy (1821.0 kg)
2. Germany (32.0 kg)

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

For the fourth consecutive year, Thailand recorded growth in shipments abroad of metals; iridium, osmium, ruthenium, semi-manufactureds, which increased by 2.3% to 526 kg in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 95%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured exports declined rapidly to $1.4M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 468% against the previous year. As a result, the exports attained the peak of $1.6M, and then shrank remarkably in the following year.

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

1. Indonesia (1176.0 kg)
2. Singapore (118.0 kg)
3. France (64.0 kg)

Source: IndexBox Market Intelligence Platform