Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK - 2024

Contents:

  1. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK (CIF) - 2022
  2. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK (FOB) - 2022
  3. Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK
  4. Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK (CIF) - 2022

The average import price for metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $50,764,572 per ton in 2022, growing by 98% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2017 an increase of 122%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($92,362,133 per ton), while the price for Russia ($13,498,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK (FOB) - 2022

The average export price for metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $33,184,634 per ton in 2022, with an increase of 73% against the previous year. Over the period under review, the export price posted strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($93,378,590 per ton), while the average price for exports to Hong Kong SAR ($19,557,060 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK

In 2022, approx. 2.9 tons of metals; iridium, osmium, ruthenium, unwrought or in powder forms were imported into the UK; waning by -17.1% on 2021 figures. Over the period under review, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 9.5%.

In value terms, imports of metals; iridium, osmium, ruthenium, unwrought or in powder forms surged to $147M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 114% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa35.722.355.611045.5%
Germany2.45.42.313.075.6%
BelgiumN/A3.8N/A9.558.1%
United States0.11.614.16.7306.2%
Ireland2.01.05.23.217.0%
Russia1.74.510.62.818.1%
Others2.63.11.41.5-16.8%
Total44.641.789.214748.8%

Top Suppliers of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form to the UK in 2022:

  1. South Africa (1190.0 kg)
  2. Germany (516.0 kg)
  3. Belgium (480.0 kg)
  4. United States (213.0 kg)
  5. Russia (211.0 kg)
  6. Ireland (208.0 kg)

Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK

In 2022, exports of metals; iridium, osmium, ruthenium, unwrought or in powder forms from the UK dropped significantly to 4.3 tons, waning by -60% compared with the year before. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 11 tons, and then fell significantly in the following year.

In value terms, exports of metals; iridium, osmium, ruthenium, unwrought or in powder forms declined dramatically to $143M in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 99% against the previous year. As a result, the exports reached the peak of $206M, and then reduced dramatically in the following year.

Export of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States37.841.461.447.88.1%
Japan35.322.950.027.2-8.3%
China3.517.013.617.571.0%
Switzerland4.35.918.416.857.5%
Hong Kong SAR1.26.42.912.3117.2%
Taiwan (Chinese)3.81.213.89.234.3%
Germany16.21.328.93.6-39.4%
Sweden0.1N/A2.82.2180.2%
BelgiumN/AN/A4.8N/A0%
Others13.17.29.35.8-23.8%
Total1151032061437.5%

Top Export Markets for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form from the UK in 2022:

  1. United States (1225.0 kg)
  2. Switzerland (739.0 kg)
  3. Hong Kong SAR (629.0 kg)
  4. Japan (463.0 kg)
  5. China (435.0 kg)
  6. Taiwan (Chinese) (398.0 kg)
  7. Sweden (102.0 kg)
  8. Germany (39.0 kg)

Source: IndexBox Market Intelligence Platform

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