Price for Metals; Rhodium, Unwrought or in Powder Form in Malaysia - 2024

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

The average import price for metals; rhodium, unwrought or in powder forms stood at $14,089,060 per ton in 2022, growing by 4% against the previous year. Over the period under review, the import price showed a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 197%. As a result, import price reached the peak level of $16,206 per kg. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,568,883 per ton), while the price for Germany stood at $634,286 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-11.1%).

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

Imports of metals; rhodium, unwrought or in powder forms into Malaysia dropped markedly to 368 kg in 2022, with a decrease of -20.5% compared with the previous year's figure. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 11,475%. As a result, imports reached the peak of 463 kg, and then reduced sharply in the following year.

In value terms, imports of metals; rhodium, unwrought or in powder forms reduced sharply to $5.2M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 9,578%. As a result, imports reached the peak of $6.3M, and then shrank rapidly in the following year.