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

Contents:

  1. Price for Metals; Rhodium, Unwrought or in Powder Form in Portugal (CIF) - 2022
  2. Imports of Metals; Rhodium, Unwrought or in Powder Form in Portugal

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

The average import price for metals; rhodium, unwrought or in powder forms stood at $404,386,435 per ton in 2022, declining by -33.4% against the previous year. Over the period under review, the import price, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 231%. As a result, import price attained the peak level of $607,488 per kg, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($416,834,045 per ton), while the price for Germany amounted to $130,539,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of metals; rhodium, unwrought or in powder forms, when their volume increased by 53% to 23 kg. Over the period under review, imports, however, faced a significant curtailment.

In value terms, imports of metals; rhodium, unwrought or in powder forms rose modestly to $9.3M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Metals; Rhodium, Unwrought or in Powder Form in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.05.78.79.245.3%
GermanyN/AN/A0.40.1-75.0%
United KingdomN/A1.9N/AN/A0%
Others3.0N/AN/AN/A0%
Total6.07.79.19.315.7%

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

  1. Italy (22.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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