In 2023, South Africa led the global export of rhodium in semi-manufactured forms with a significant margin, albeit showing a 17.2% year-on-year decline. Italy and Germany demonstrated modest growth, whereas Japan saw a significant rise of 24.72%. Noteworthy was the dramatic increase in exports from Switzerland and the Czech Republic, experiencing 95.8% and 60.61% growth, respectively. The United States faced a decline of 5.73%, while Poland achieved notable expansion at 9.02%. Canada's exports grew significantly by 16.86%, indicating a positive trend.
Future trends to watch for in the global export of rhodium in semi-manufactured forms include potential stabilization or growth in South Africa's exports following the recent decline. Japan and other smaller yet rapidly growing markets like Switzerland and the Czech Republic could become more prominent exporters. Monitoring technological advancements and geopolitical shifts will be crucial in forecasting these exports.
Top countries in Export of Rhodium in Semi-Manufactured Forms by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 61,456,000 | 2023 | -17.25% | -17.2% | View data |
| 2 | 2 Italy | 11,076,000 | 2023 | +5.26% | +0.83% | View data |
| 3 | 3 Japan | 8,845,900 | 2023 | +3.89% | +24.72% | View data |
| 4 | 4 Germany | 8,177,100 | 2023 | +4.99% | +1.3% | View data |
| 5 | 5 United Kingdom | 7,409,800 | 2023 | -2.55% | -0.19% | View data |
| 6 | 6 Belgium | 4,570,700 | 2023 | +6.06% | -0.19% | View data |
| 7 | 7 Poland | 3,477,200 | 2023 | +6.26% | +9.02% | View data |
| 8 | 8 United States | 3,027,700 | 2023 | +0.95% | -5.73% | View data |
| 9 | 9 Switzerland | 2,809,700 | 2023 | +6.1% | +95.8% | View data |
| 10 | 10 Singapore | 2,731,500 | 2023 | +5.08% | +0.98% | View data |
