Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Brazil - 2024

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Brazil (CIF) - 2022

The average import price for metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $2,082,500 per ton in 2022, with an increase of 29% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 168% against the previous year. The import price peaked at $3,545,667 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,457,130 per ton), while the price for Germany ($73,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Brazil

In 2022, overseas purchases of metals; iridium, osmium, ruthenium, unwrought or in powder forms decreased by -3.4% to 28 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of 29 kg, and then contracted in the following year.

In value terms, imports of metals; iridium, osmium, ruthenium, unwrought or in powder forms soared to $58K in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	46.2	36.9	45.6	56.5	6.9%
Singapore	N/A	N/A	N/A	1.0	0%
South Africa	0.7	0.5	0.4	0.3	-24.6%
United Kingdom	0.4	0.3	0.3	0.2	-20.6%
Belgium	0.1	N/A	0.1	0.2	26.0%
Germany	0.9	0.5	0.3	0.1	-51.9%
Others	N/A	N/A	N/A	N/A	0%
Total	48.3	38.3	46.7	58.3	6.5%