Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China - 2023

Contents:

1. Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China (CIF) - 2022
2. Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China (FOB) - 2022
3. Imports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China
4. Exports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China

Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China (CIF) - 2022

In 2021, the average import price for metals; iridium, osmium, ruthenium, semi-manufactureds amounted to $13,162,751 per ton, increasing by 75% against the previous year. In general, the import price posted resilient growth. The growth pace was the most rapid in 2018 when the average import price increased by 100%. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($13,636,415 per ton), while the price for Taiwan (Chinese) amounted to $12,052,962 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.3%).

Price for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China (FOB) - 2022

In 2021, the average export price for metals; iridium, osmium, ruthenium, semi-manufactureds amounted to $4,268,538 per ton, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $4,350 per kg; afterwards, it flattened through to 2021.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($479,175 per ton), while the average price for exports to the United States totaled $441,098 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+11.8%), while the prices for the other major destinations experienced a decline.

Imports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China

In 2022, supplies from abroad of metals; iridium, osmium, ruthenium, semi-manufactureds decreased by -13.1% to 5.7 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports attained the peak of 6.8 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured imports fell to $73M in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of $86M, and then fell in the following year.

Top Suppliers of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured to China in 2022:

1. Japan (4.5 tons)
2. Taiwan (Chinese) (2.0 tons)

Exports of Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured in China

Metals; iridium, osmium, ruthenium, semi-manufactured exports from China fell remarkably to 11 kg in 2022, which is down by -15.4% against the year before. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2021 when exports increased by 160% against the previous year. As a result, the exports attained the peak of 13 kg, and then dropped rapidly in the following year.

In value terms, metals; iridium, osmium, ruthenium, semi-manufactured exports shrank rapidly to $38K in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. As a result, the exports reached the peak of $55K, and then contracted markedly in the following year.

Top Export Markets for Metals; Iridium, Osmium, Ruthenium, Semi-Manufactured from China in 2022:

1. Japan (114.0 kg)
2. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform