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

Contents:

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

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

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $32,957,763 per ton, jumping by 20% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth was the most pronounced in 2020 an increase of 5,209%. As a result, the export price attained the peak level of $297,793 per kg. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($96,553,782 per ton), while the average price for exports to the UK amounted to $29,870,876 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+89.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $134,092,042 per ton, surging by 57% against the previous year. Overall, the import price recorded a significant increase. The growth pace was the most rapid in 2021 when the average import price increased by 763% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +60.2% per year.

Metals; Rhodium, Semi-Manufactured Exports in Singapore

In 2022, approx. 23 kg of metals; rhodium, semi-manufactureds were exported from Singapore; dropping by -98.3% against the previous year. In general, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 2,521%. As a result, the exports attained the peak of 1.4 tons, and then reduced notably in the following year.

In value terms, metals; rhodium, semi-manufactured exports dropped sharply to $763K in 2022. Overall, exports, however, enjoyed notable growth. The growth pace was the most rapid in 2020 when exports increased by 2,152%.

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

1. United Kingdom (22.0 kg)
2. United States (1.0 kg)

Metals; Rhodium, Semi-Manufactured Imports in Singapore

In 2022, purchases abroad of metals; rhodium, semi-manufactureds was finally on the rise to reach 95 kg after two years of decline. Overall, imports, however, recorded a precipitous setback.

In value terms, metals; rhodium, semi-manufactured imports soared to $13M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (95.0 kg)

Source: IndexBox Market Intelligence Platform