Price for Metals; Rhodium, Unwrought or in Powder Form in the United Arab Emirates - 2022

Contents:

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

Price for Metals; Rhodium, Unwrought or in Powder Form in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for metals; rhodium, unwrought or in powder forms amounted to $36,784,455 per ton, surging by 1,844% against the previous year. Over the period under review, the export price enjoyed significant growth. Over the period under review, the average export prices reached the maximum at $47,656,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($93,324,667 per ton), while the average price for exports to Russia ($1,196,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+94.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Metals; Rhodium, Unwrought or in Powder Form in the United Arab Emirates (CIF) - 2022

The average import price for metals; rhodium, unwrought or in powder forms stood at $47,012,000 per ton in 2022, falling by -45.2% against the previous year. Over the period under review, the import price, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 628%. As a result, import price attained the peak level of $101,027 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 the UK ($123,458,000 per ton), while the price for Albania ($489,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Metals; Rhodium, Unwrought or in Powder Form in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in shipments abroad of metals; rhodium, unwrought or in powder forms, when their volume increased by 83% to 11 kg. Over the period under review, exports, however, continue to indicate a deep reduction.

In value terms, exports of metals; rhodium, unwrought or in powder forms soared to $405K in 2022. Overall, exports, however, saw a perceptible contraction.

Top Export Markets for Metals; Rhodium, Unwrought or in Powder Form from the United Arab Emirates in 2022:

1. Iraq (4.0 kg)
2. United Kingdom (3.0 kg)
3. Italy (1.0 kg)
4. Germany (1.0 kg)
5. Japan (1.0 kg)
6. Russia (1.0 kg)

Imports of Metals; Rhodium, Unwrought or in Powder Form in the United Arab Emirates

In 2022, overseas purchases of metals; rhodium, unwrought or in powder forms decreased by -95.8% to 6 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 3,900% against the previous year. As a result, imports attained the peak of 240 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 dropped notably to $282K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 29,027%. As a result, imports attained the peak of $24M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Metals; Rhodium, Unwrought or in Powder Form to the United Arab Emirates in 2022:

1. United Kingdom (2.0 kg)
2. Switzerland (1.0 kg)
3. Germany (1.0 kg)
4. Albania (1.0 kg)
5. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform