Forecast: Import of Iridium, Osmium and Ruthenium Unwrought or in Powder Form to China

In 2023, the import of unwrought or powdered iridium, osmium, and ruthenium to China was below the forecasted 9.17 thousand kilograms set for 2024. The projected import volumes indicate a consistent growth pattern with an annual increase of approximately 3% in value from 2024 to 2028. Specifically, from 2025 to 2026, there's an estimated year-on-year growth of 3.16%, then 2.97% from 2026 to 2027, and 2.88% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) averages out to be just above 2.99%.

Future trends to watch include:

  • Technological advancements in industries utilizing these metals that may drive demand.
  • Potential geopolitical influences impacting supply chains and pricing.
  • Innovation in recycling and efficiency in usage, potentially affecting import needs.

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