Metals; Rhodium, Semi-Manufactured Price in Italy - 2023

Contents:

1. Metals; Rhodium, Semi-Manufactured Price in Italy (CIF) - 2022
2. Metals; Rhodium, Semi-Manufactured Price in Italy (FOB) - 2022
3. Metals; Rhodium, Semi-Manufactured Imports in Italy
4. Metals; Rhodium, Semi-Manufactured Exports in Italy

Metals; Rhodium, Semi-Manufactured Price in Italy (CIF) - 2022

The average metals; rhodium, semi-manufactured import price stood at $4,282,387 per ton in 2022, reducing by -63.3% against the previous year. Over the period under review, the import price saw a deep reduction. The growth pace was the most rapid in 2018 when the average import price increased by 51%. Over the period under review, average import prices attained the peak figure at $28,616,098 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($50,463,949 per ton), while the price for Belgium ($1,766,347 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Rhodium, Semi-Manufactured Price in Italy (FOB) - 2022

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $5,120,369 per ton, picking up by 3.5% against the previous year. In general, the export price showed strong growth. The growth pace was the most rapid in 2020 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($10,942,320 per ton), while the average price for exports to the United States ($2,715,512 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 India (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Rhodium, Semi-Manufactured Imports in Italy

After three years of growth, overseas purchases of metals; rhodium, semi-manufactureds decreased by -34.1% to 1.5 tons in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 192% against the previous year.

In value terms, metals; rhodium, semi-manufactured imports declined sharply to $6.3M in 2022. Overall, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 139%. As a result, imports attained the peak of $26M, and then contracted markedly in the following year.

Top Suppliers of Metals; Rhodium, Semi-Manufactured to Italy in 2022:

1. Belgium (1411.0 kg)
2. United States (33.0 kg)
3. Germany (28.0 kg)

Metals; Rhodium, Semi-Manufactured Exports in Italy

Metals; rhodium, semi-manufactured exports from Italy contracted sharply to 3.6 tons in 2022, with a decrease of -22.5% on 2021 figures. In general, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 63%.

In value terms, metals; rhodium, semi-manufactured exports plummeted to $18M in 2022. Over the period under review, exports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. As a result, the exports reached the peak of $23M, and then fell dramatically in the following year.

Top Export Markets for Metals; Rhodium, Semi-Manufactured from Italy in 2022:

1. United States (2173.0 kg)
2. Hong Kong SAR (606.0 kg)
3. Thailand (369.0 kg)
4. Switzerland (205.0 kg)
5. India (83.0 kg)

Source: IndexBox Market Intelligence Platform