The projected import of rhodium in semi-manufactured forms to Japan indicates an upward trajectory over the years 2024 to 2028, starting from 1.04 thousand kilograms in 2024 and reaching 1.18 thousand kilograms by 2028. This reflects a consistent year-over-year growth rate of 3.85% between 2024 and 2025, slightly declining to about 2.78% by 2027-2028. This study uses CAGR as a reference for overall trends from 2024 to 2028. Notably, there was no available data for 2023, which might obscure certain historical dynamics influencing forecasts.
Future trends to watch for:
- Potential developments in the global automotive and electronics sectors, driving demand for rhodium.
- Geopolitical factors or trade regulations potentially impacting import levels or market prices.
- Technological advancements or shifts towards alternative materials impacting rhodium demand.
