Price for Metals; Rhodium, Unwrought or in Powder Form in Jordan - 2022

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

In 2022, the average import price for metals; rhodium, unwrought or in powder forms amounted to $32,471,500 per ton, picking up by 11% against the previous year. Over the period under review, the import price enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2017 an increase of 141%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, 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 +3.2% per year.

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

In 2022, overseas purchases of metals; rhodium, unwrought or in powder forms decreased by 0% to 4 kg, falling for the second year in a row after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 5 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of metals; rhodium, unwrought or in powder forms totaled $130K in 2022. The total import value increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.