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

Contents:

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

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

In 2022, the average export price for metals; rhodium, unwrought or in powder forms amounted to $473,491,957 per ton, dropping by -15.5% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 an increase of 178% against the previous year. Over the period under review, the average export prices hit record highs at $560,469,854 per ton in 2021, and then fell significantly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($545,835,333 per ton) and Germany ($512,167,900 per ton), while the average price for exports to Hong Kong SAR ($375,497,921 per ton) and China ($459,566,341 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for metals; rhodium, unwrought or in powder forms amounted to $27,975,167 per ton, with a decrease of -27.5% against the previous year. Overall, the import price, however, showed temperate growth. The pace of growth was the most pronounced in 2020 an increase of 196%. As a result, import price attained the peak level of $381,243 per kg. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($31,366,300 per ton), while the price for the United Arab Emirates ($4,911,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+188.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of metals; rhodium, unwrought or in powder forms decreased by -25.3% to 2.3 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a perceptible descent. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 3.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of metals; rhodium, unwrought or in powder forms declined notably to $1.1B in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 318%.

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

1. United States (682.0 kg)
2. China (519.0 kg)
3. Hong Kong SAR (367.0 kg)
4. Italy (354.0 kg)
5. Germany (211.0 kg)
6. United Kingdom (96.0 kg)

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

After two years of decline, supplies from abroad of metals; rhodium, unwrought or in powder forms increased by 33% to 12 kg in 2022. In general, imports, however, recorded a sharp contraction.

In value terms, imports of metals; rhodium, unwrought or in powder forms contracted to $336K in 2022. Over the period under review, imports, however, continue to indicate a precipitous shrinkage.

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

1. Switzerland (10.0 kg)
2. United Arab Emirates (1.0 kg)
3. Uzbekistan (1.0 kg)

Source: IndexBox Market Intelligence Platform