South Africa remains the largest exporter of rhodium in unwrought or powder form, commanding 31.13% of the market share in 2024, despite a decline of 1.66% year-on-year. Germany and the United Kingdom also hold significant shares, respectively at 18.95% and 16.19%, both showing minor declines. Notably, the United States dropped by 2.44%, holding 14.98% of the market. Belgium and Italy have shares of 7.03% and 6.14%, with Italy showing a positive trend of 2.35%. Emerging players like Poland and Canada have shown impressive growth at 16.83% and 39.38%, respectively, albeit from a smaller base.
Future trends to consider include the potential impact of technological advancements and regulatory changes in key markets which could influence export dynamics. The stability of geopolitical relations, especially with major players like Russia and key European countries, will also be crucial. Additionally, monitoring the demand for rhodium in sectors like automotive for catalytic converters could significantly affect export shares.
Top countries in Export of Rhodium Unwrought or in Powder Form Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 31.13 | 2023 | +2.21% | -1.66% | View data |
| 2 | 2 Germany | 18.95 | 2023 | +4.1% | -0.25% | View data |
| 3 | 3 United Kingdom | 16.19 | 2023 | +1.25% | -1.95% | View data |
| 4 | 4 United States | 14.98 | 2023 | +1.71% | -2.44% | View data |
| 5 | 5 Belgium | 7.03 | 2023 | +0.29% | -4.61% | View data |
| 6 | 6 Italy | 6.14 | 2023 | +5.56% | +2.35% | View data |
| 7 | 7 Russia | 4.69 | 2023 | +1.92% | -0.72% | View data |
| 8 | 8 Japan | 0.6 | 2023 | -4.38% | +0.91% | View data |
| 9 | 9 Switzerland | 0.39 | 2023 | +0.73% | +10.67% | View data |
| 10 | 10 Norway | 0.38 | 2023 | +0.67% | -1.98% | View data |
