Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates - 2022

Contents:

1. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates (CIF) - 2022
2. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates (FOB) - 2022
3. Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates
4. Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for metals; iridium, osmium, ruthenium, unwrought or in powder forms amounted to $21,279,500 per ton, with an increase of 11% against the previous year. Over the period under review, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 an increase of 230% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($36,217,000 per ton), while the price for South Africa ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+48.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for metals; iridium, osmium, ruthenium, unwrought or in powder forms amounted to $10,488,333 per ton, increasing by 8,159% against the previous year. In general, the export price showed a remarkable increase. Over the period under review, the average export prices attained the peak figure at $22,916,429 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 South Africa ($57,806,000 per ton), while the average price for exports to France ($3,773,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6,411.2%).

Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in overseas purchases of metals; iridium, osmium, ruthenium, unwrought or in powder forms, which increased by 56% to 14 kg in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 250% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of metals; iridium, osmium, ruthenium, unwrought or in powder forms skyrocketed to $298K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 324%. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form to the United Arab Emirates in 2022:

1. Colombia (4.0 kg)
2. United States (3.0 kg)
3. Switzerland (3.0 kg)
4. Thailand (2.0 kg)
5. South Africa (1.0 kg)
6. Germany (1.0 kg)

Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in the United Arab Emirates

In 2022, shipments abroad of metals; iridium, osmium, ruthenium, unwrought or in powder forms increased by 400% to 15 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; iridium, osmium, ruthenium, unwrought or in powder forms soared to $157K in 2022. In general, exports, however, continue to indicate a precipitous shrinkage.

Top Export Markets for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form from the United Arab Emirates in 2022:

1. United States (12.0 kg)
2. South Africa (1.0 kg)
3. Russia (1.0 kg)
4. France (1.0 kg)

Source: IndexBox Market Intelligence Platform