Price for Metals; Rhodium, Unwrought or in Powder Form in Hungary - 2023

Contents:

1. Price for Metals; Rhodium, Unwrought or in Powder Form in Hungary (FOB) - 2022
2. Price for Metals; Rhodium, Unwrought or in Powder Form in Hungary (CIF) - 2022
3. Exports of Metals; Rhodium, Unwrought or in Powder Form in Hungary
4. Imports of Metals; Rhodium, Unwrought or in Powder Form in Hungary

Price for Metals; Rhodium, Unwrought or in Powder Form in Hungary (FOB) - 2022

The average export price for metals; rhodium, unwrought or in powder forms stood at $305,250,000 per ton in 2022, picking up by 44% against the previous year. Overall, the export price saw significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 221% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +490.8% per year.

Price for Metals; Rhodium, Unwrought or in Powder Form in Hungary (CIF) - 2022

In 2022, the average import price for metals; rhodium, unwrought or in powder forms amounted to $14,749,667 per ton, falling by -94.2% against the previous year. Over the period under review, the import price, however, posted a significant increase. The growth pace was the most rapid in 2020 when the average import price increased by 52,672%. The import price peaked at $254,507,750 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($43,286,000 per ton), while the price for Austria ($177,000 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5,140.0%).

Exports of Metals; Rhodium, Unwrought or in Powder Form in Hungary

In 2022, approx. 1 kg of metals; rhodium, unwrought or in powder forms were exported from Hungary; leveling off at the year before. Overall, exports recorded a significant decline. The smallest decline of -80% was in 2021.

In value terms, exports of metals; rhodium, unwrought or in powder forms soared to $305K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 221% against the previous year. As a result, the exports reached the peak of $511K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Metals; Rhodium, Unwrought or in Powder Form from Hungary in 2022:

1. Italy (1.0 kg)

Imports of Metals; Rhodium, Unwrought or in Powder Form in Hungary

In 2022, imports of metals; rhodium, unwrought or in powder forms into Hungary plummeted to 3 kg, which is down by -25% compared with 2021. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 300%. As a result, imports attained the peak of 4 kg, and then fell sharply in the following year.

In value terms, imports of metals; rhodium, unwrought or in powder forms shrank significantly to $44K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 26,286%.

Top Suppliers of Metals; Rhodium, Unwrought or in Powder Form to Hungary in 2022:

1. Austria (1.0 kg)
2. Netherlands (1.0 kg)
3. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform