Report Update: May 1, 2024

Germany - Cobalt ores - Market Analysis, Forecast, Size, Trends And Insights

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Cobalt Ore Price in Germany - 2023

Cobalt Ore Price in Germany (FOB) - 2022

In 2022, the average cobalt ore export price amounted to $27,113 per ton, remaining stable against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 129% against the previous year. The export price peaked at $49,749 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +88.5% per year.

Cobalt Ore Price in Germany (CIF) - 2022

In 2022, the average cobalt ore import price amounted to $5,604 per ton, rising by 74% against the previous year. Overall, the import price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 380%. As a result, import price reached the peak level of $36,874 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($9,145 per ton), while the price for the United States totaled $2,576 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1,140.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Cobalt Ore Exports in Germany

In 2022, the amount of cobalt ores exported from Germany declined dramatically to 21 tons, waning by -49% against 2021 figures. Over the period under review, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 5,009%. As a result, the exports reached the peak of 42 tons, and then contracted remarkably in the following year.

In value terms, cobalt ore exports fell rapidly to $578K in 2022. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,421%. As a result, the exports reached the peak of $1.1M, and then reduced sharply in the following year.

Export of Cobalt Ore in Germany (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
New Zealand	N/A	N/A	N/A	578	0%
Belgium	369	N/A	N/A	N/A	0%
Austria	0.3	N/A	814	N/A	5109.0%
Finland	N/A	N/A	64.1	N/A	0%
Others	91.7	25.0	252	N/A	65.8%
Total	461	25.0	1,130	578	7.8%

Top Export Markets for Cobalt Ore from Germany in 2022:

New Zealand (21.3 tons)

Cobalt Ore Imports in Germany

In 2022, the amount of cobalt ores imported into Germany reduced sharply to 27 tons, which is down by -70.1% compared with 2021 figures. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 3,419%. As a result, imports reached the peak of 89 tons, and then shrank notably in the following year.

In value terms, cobalt ore imports declined dramatically to $149K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 2,376% against the previous year. As a result, imports attained the peak of $287K, and then dropped sharply in the following year.

Import of Cobalt Ore in Germany (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	N/A	N/A	N/A	111	0%
United States	0.3	11.4	N/A	36.9	397.3%
United Kingdom	32.6	0.1	N/A	N/A	-99.7%
Netherlands	N/A	N/A	287	N/A	0%
Others	0.3	0.1	N/A	0.9	44.2%
Total	33.2	11.6	287	149	64.9%

Top Suppliers of Cobalt Ore to Germany in 2022:

United States (14.3 tons)
Belgium (12.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cobalt ore market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023