Metals; Rhodium, Semi-Manufactured Price in India - 2023

Contents:

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

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

The average metals; rhodium, semi-manufactured import price stood at $78,050,483 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, showed a significant expansion. The pace of growth was the most pronounced in 2018 an increase of 77%. Over the period under review, average import prices attained the peak figure at $78,545,727 per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($341,288,692 per ton), while the price for the United Arab Emirates ($3,974,915 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+38.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $57,068 per ton, dropping by -95.9% against the previous year. Overall, the export price saw a dramatic setback. The most prominent rate of growth was recorded in 2018 an increase of 18,922% against the previous year. Over the period under review, the average export prices reached the maximum at $6,285,931 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,365,998 per ton), while the average price for exports to Singapore ($4,389 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 the UK (-4.9%), while the prices for the other major destinations experienced a decline.

Metals; Rhodium, Semi-Manufactured Imports in India

In 2022, supplies from abroad of metals; rhodium, semi-manufactureds decreased by -78.3% to 131 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 308% against the previous year. As a result, imports reached the peak of 690 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, metals; rhodium, semi-manufactured imports declined markedly to $10M in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 563% against the previous year.

Import of Metals; Rhodium, Semi-Manufactured in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1.011.818.54.160.1%
Germany2.411.712.72.85.3%
United StatesN/A0.30.61.082.6%
Russia0.43.34.00.931.0%
Egypt0.72.31.90.5-10.6%
Switzerland0.46.53.40.57.7%
Italy0.20.40.70.20.0%
United Kingdom1.25.30.1N/A-71.1%
United Arab EmiratesN/A0.10.1N/A0.0%
Others0.33.15.50.1-30.7%
Total6.844.747.410.214.5%

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

  1. Italy (36.0 kg)
  2. South Africa (29.0 kg)
  3. Switzerland (20.0 kg)
  4. United States (16.0 kg)
  5. Russia (11.0 kg)
  6. Germany (8.0 kg)
  7. United Arab Emirates (6.0 kg)
  8. Egypt (3.0 kg)

Metals; Rhodium, Semi-Manufactured Exports in India

In 2022, after three years of growth, there was significant decline in shipments abroad of metals; rhodium, semi-manufactureds, when their volume decreased by -99.5% to 33 kg. Over the period under review, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 719%. As a result, the exports attained the peak of 6.1 tons, and then shrank markedly in the following year.

In value terms, metals; rhodium, semi-manufactured exports shrank rapidly to $1.9K in 2022. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 727%. As a result, the exports reached the peak of $8.5M, and then fell remarkably in the following year.

Export of Metals; Rhodium, Semi-Manufactured in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1783988,2271.7-78.8%
Japan54752062.60.1-94.3%
Singapore22271.90.3N/A-96.3%
Others97.134.6180N/A36.2%
Total1,0441,0248,4701.9-87.8%

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

  1. Japan (25.0 kg)
  2. Singapore (7.0 kg)
  3. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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