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

Contents:

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

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

In 2022, the average metals; rhodium, semi-manufactured export price amounted to $33,530,726 per ton, jumping by 27% against the previous year. In general, the export price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 2,023% against the previous year. The export price peaked at $178,002,023 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($85,053,455 per ton), while the average price for exports to France ($2,531,864 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 France (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $5,265,497 per ton, declining by -80% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 758% against the previous year. Over the period under review, average import prices reached the maximum at $26,276,932 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($45,839,405 per ton), while the price for China ($427,829 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+75.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Rhodium, Semi-Manufactured Exports in Belgium

After three years of growth, shipments abroad of metals; rhodium, semi-manufactureds decreased by -85% to 196 kg in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 2,739%. As a result, the exports reached the peak of 1.3 tons, and then reduced dramatically in the following year.

In value terms, metals; rhodium, semi-manufactured exports fell sharply to $6.6M in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 323% against the previous year. As a result, the exports reached the peak of $35M, and then dropped remarkably in the following year.

Export of Metals; Rhodium, Semi-Manufactured in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/A0.325.05.4324.3%
ItalyN/A1.40.91.1-11.4%
United StatesN/AN/AN/A0.10%
United Kingdom2.86.2N/AN/A121.4%
OthersN/A0.38.7N/A2800.0%
Total2.88.234.66.633.1%

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

  1. Switzerland (178.0 kg)
  2. Italy (13.0 kg)
  3. United States (3.0 kg)

Metals; Rhodium, Semi-Manufactured Imports in Belgium

In 2022, overseas purchases of metals; rhodium, semi-manufactureds decreased by -90.9% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of 44 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, metals; rhodium, semi-manufactured imports dropped significantly to $7.6K in 2022. Overall, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 40%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Metals; Rhodium, Semi-Manufactured in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.5N/A76.53.6-30.0%
Germany7501,0857.72.4-85.3%
ChinaN/AN/AN/A0.40%
Switzerland13.7N/AN/AN/A0%
FranceN/AN/AN/AN/A0%
PolandN/AN/A27.1N/A0%
United Arab EmiratesN/A3.5N/AN/A0%
Others0.8N/A1881.214.5%
Total7751,0882997.6-78.6%

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

  1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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