Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium - 2023

Contents:

1. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium (FOB) - 2023
2. Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium (CIF) - 2022
3. Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium
4. Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium (FOB) - 2023

In December 2023, the average export price for metals; iridium, osmium, ruthenium, unwrought or in powder forms amounted to $15.4M per ton, declining by -8.9% against the previous month. Overall, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in September 2023 when the average export price increased by 51% against the previous month. As a result, the export price reached the peak level of $25,483 per kg; afterwards, it flattened through to December 2023.

Average prices varied noticeably for the major foreign markets. In December 2023, the country with the highest price was the United States ($13.1M per ton), while the average price for exports to Hong Kong SAR stood at $12.5M per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.9%), while the prices for the other major destinations experienced a decline.

Price for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium (CIF) - 2022

The average import price for metals; iridium, osmium, ruthenium, unwrought or in powder forms stood at $3,003,181 per ton in 2022, reducing by -37.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 19%. As a result, import price reached the peak level of $10,293 per kg. From 2020 to 2022, the average import prices remained at a lower figure.

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 the Netherlands ($6,882,111 per ton), while the price for Germany amounted to $2,863,885 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+87.8%), while the prices for the other major suppliers experienced a decline.

Exports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium

In 2022, exports of metals; iridium, osmium, ruthenium, unwrought or in powder forms from Belgium contracted to 13 tons, which is down by -11.8% against the previous year. Overall, exports recorded a mild setback. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, the exports reached the peak of 15 tons, and then reduced in the following year.

In value terms, exports of metals; iridium, osmium, ruthenium, unwrought or in powder forms declined sharply to $237M in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 119% against the previous year. As a result, the exports reached the peak of $285M, and then dropped rapidly in the following year.

Top Export Markets for Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form from Belgium in 2022:

1. Hong Kong SAR (9.4 tons)
2. United Kingdom (2.4 tons)
3. Germany (0.7 tons)
4. Italy (0.4 tons)

Imports of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form in Belgium

For the fourth year in a row, Belgium recorded growth in purchases abroad of metals; iridium, osmium, ruthenium, unwrought or in powder forms, which increased by 49% to 20 tons in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 167%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of metals; iridium, osmium, ruthenium, unwrought or in powder forms reduced to $59M in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 70%. As a result, imports attained the peak of $63M, and then shrank in the following year.

Top Suppliers of Metals; Iridium, Osmium, Ruthenium, Unwrought or in Powder Form to Belgium in 2022:

1. Germany (19.3 tons)
2. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform