The global import of rhodium in unwrought or powder form reveals substantial concentration among a few key countries. The United States leads with a significant share, followed by Germany and Japan. While the U.S. saw a slight decline in import share in 2023, Germany and Belgium both experienced increases, Germany notably so. Smaller markets, such as Portugal and Poland, exhibited strong growth, indicating rising demand or strategic stockpiling. Conversely, countries like the United Kingdom and Japan saw noticeable declines, alongside more modest reductions elsewhere.
Future trends to watch include:
- Potential shifts in demand influenced by the automotive industry's transition towards greener technologies, which could impact rhodium's application in catalytic converters.
- Geopolitical factors affecting supply chains may alter import patterns, particularly considering rhodium's strategic nature.
- Increasing interest in sustainable sourcing may influence countries' import strategies for rhodium.
Top countries in Import of Rhodium Unwrought or in Powder Form Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 33.94 | 2023 | +1.16% | -0.28% | View data |
| 2 | 2 Germany | 17.71 | 2023 | +2.03% | +0.85% | View data |
| 3 | 3 Japan | 15.29 | 2023 | -0.46% | -1.31% | View data |
| 4 | 4 United Kingdom | 9.81 | 2023 | -10.13% | -7.58% | View data |
| 5 | 5 Belgium | 8.81 | 2023 | +6.42% | +3.58% | View data |
| 6 | 6 China | 8.49 | 2023 | -1.02% | +0.69% | View data |
| 7 | 7 Italy | 3.33 | 2023 | -1.14% | -2.17% | View data |
| 8 | 8 South Korea | 2.05 | 2023 | -3.58% | -5.06% | View data |
| 9 | 9 Poland | 1.85 | 2023 | +6.43% | +8.18% | View data |
| 10 | 10 South Africa | 0.78 | 2023 | +5.27% | +5.46% | View data |
