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

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $8,834,037 per ton, which is down by -36.4% against the previous year. Over the period under review, the import price, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 an increase of 11,072%. Over the period under review, average import prices attained the maximum at $13,884,375 per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($12,316,762 per ton), while the price for Italy ($7,564,022 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+164.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $667 per ton, shrinking by -11.2% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2020 an increase of 62% against the previous year. The export price peaked at $751 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +16.8% per year.

Metals; Rhodium, Semi-Manufactured Imports in Indonesia

Metals; rhodium, semi-manufactured imports into Indonesia soared to 71 kg in 2022, with an increase of 42% on 2021 figures. Overall, imports, however, recorded a abrupt setback.

In value terms, metals; rhodium, semi-manufactured imports reduced to $627K in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 128%. As a result, imports reached the peak of $691K, and then declined in the following year.

Import of Metals; Rhodium, Semi-Manufactured in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	177	110	416	452	36.7%
Thailand	79.3	128	110	119	14.5%
Italy	25.6	52.9	45.0	39.9	15.9%
Others	15.1	13.6	120	16.4	2.8%
Total	297	304	691	627	28.3%

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

South Korea (54.0 kg)
Thailand (10.0 kg)
Italy (5.0 kg)

Metals; Rhodium, Semi-Manufactured Exports in Indonesia

Metals; rhodium, semi-manufactured exports from Indonesia contracted markedly to 175 kg in 2022, which is down by -99.9% compared with 2021. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 12,556,050% against the previous year. As a result, the exports reached the peak of 251 tons, and then dropped remarkably in the following year.

In value terms, metals; rhodium, semi-manufactured exports contracted markedly to $117 in 2022. Overall, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 18,862,700% against the previous year. As a result, the exports reached the peak of $189K, and then shrank dramatically in the following year.