Metals; Rhodium, Semi-Manufactured Price in South Korea - 2022

Contents:

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

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

The average metals; rhodium, semi-manufactured export price stood at $4.4M per ton in December 2022, with a decrease of -20.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 292% month-to-month. As a result, the export price attained the peak level of $13,713 per kg; afterwards, it flattened through to December 2022.

Average prices varied somewhat for the major external markets. In December 2022, the country with the highest price was Indonesia ($5.0M per ton), while the average price for exports to Vietnam amounted to $3.5M per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+0.3%).

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $6,466,864 per ton, waning by -19.6% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 82%. The import price peaked at $13,969,854 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,387,338 per ton), while the price for Japan ($5,485,015 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Rhodium, Semi-Manufactured Exports in South Korea

In 2022, exports of metals; rhodium, semi-manufactureds from South Korea dropped remarkably to 101 kg, waning by -95.4% compared with 2021. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 3,453% against the previous year. As a result, the exports reached the peak of 2.2 tons, and then fell remarkably in the following year.

In value terms, metals; rhodium, semi-manufactured exports contracted sharply to $117K in 2022. In general, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1,860% against the previous year. As a result, the exports attained the peak of $2.8M, and then reduced dramatically in the following year.

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

1. Indonesia (73.0 kg)
2. Vietnam (27.0 kg)

Metals; Rhodium, Semi-Manufactured Imports in South Korea

In 2022, supplies from abroad of metals; rhodium, semi-manufactureds decreased by -4.7% to 81 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 124%. As a result, imports attained the peak of 85 kg, and then shrank in the following year.

In value terms, metals; rhodium, semi-manufactured imports contracted sharply to $524K in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 88%. As a result, imports attained the peak of $684K, and then contracted dramatically in the following year.

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

1. Japan (37.0 kg)
2. United States (24.0 kg)
3. United Kingdom (16.0 kg)
4. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform