Cobalt Oxides and Hydroxides Market

Cobalt oxides and hydroxides market: enjoy the latest data featured by an Ai-driven business intelligence tool. Information cover market prices, trade, market size, exports, production, companies, imports, and consumption. There is a split by country, including the U.S., EU, Africa, Latin America, the U.K., China, Russia, and the Middle East. Market insights and forecast to 2030 are also provided in the reports.


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Cobalt Oxides and Hydroxides - World's Largest Markets

RatingCountry
1Democratic Republic of the Congo
2Belgium
3Namibia
4South Korea
5Finland

In value terms, Democratic Republic of the Congo led the market, alone. The second position in the ranking was occupied by Belgium. It was followed by Namibia.

In Democratic Republic of the Congo, the cobalt oxides and hydroxides market increased at an average annual rate of +38.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Belgium (-2.2% per year) and Namibia (+1,374.3% per year).

Cobalt Oxides And Hydroxides Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Democratic Republic of the Congo1119987119075-10.0%
Namibian/an/a114940.0%
China582863236824281-35.5%
Average1384295429697-16.3%

Prices varied noticeably by the country of origin; the country with the highest price was China ($24,281 per ton), while Democratic Republic of the Congo ($9,075 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Namibia, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China22318315143826130.9%
Spain297002768727648-3.5%
Japan559333600526986-30.5%
Germany290502785126328-4.8%
Italy2368726214258984.6%
South Korea597703616225306-34.9%
United States348602748324736-15.8%
Belgium17855186202286313.2%
Namibia195042255510681-26.0%
Tanzania721972191053520.8%
Brazil16697181488944-26.8%
Norway27945274466414-52.1%
Canada36655499933111-70.9%
Average407571744218016-33.5%

Prices varied noticeably by the country of destination; the country with the highest price was China ($38,261 per ton), while Canada ($3,111 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Cobalt Oxides and Hydroxides - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
South Korea837252121-62.0%
Namibia0.60.7931125.4%
Tanzania31627050.4%
Spain1096267-21.8%
China123157114.2%

In value terms, the largest cobalt oxides and hydroxides importing markets worldwide were South Korea ($121M), Namibia ($93M) and Tanzania ($70M), together comprising 46% of global imports.

Namibia (+1,125.4% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Cobalt Oxides and Hydroxides - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Democratic Republic of the Congo4.43.93.1-15.4%
China0.60.20.2-49.5%
Namibian/an/a0.070.0%

In value terms, Democratic Republic of the Congo ($3.1B) remains the largest cobalt oxides and hydroxides supplier worldwide, comprising 88% of global exports. The second position in the ranking was occupied by China ($150M), with a 4.2% share of global exports.

From 2018 to 2020, the average annual growth rate of value in Democratic Republic of the Congo totaled -15.4%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-49.5% per year) and Namibia (0.0% per year).

Cobalt Oxides and Hydroxides - Market Forecast

The cobalt oxides and hydroxides market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.3% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Cobalt Oxides and Hydroxides - Product Coverage

  • HS 2822 - Cobalt oxides and hydroxides; commercial cobalt oxides
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World - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for cobalt oxides and hydroxides.

Eastern Asia - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Eastern Asia.

Latin America and the Caribbean - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Latin America and the Caribbean.

South-Eastern Asia - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in South-Eastern Asia.

Australia and Oceania - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Australia and Oceania.

Southern Asia - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Southern Asia.

Central Asia - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Central Asia.

Northern America - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Northern America.

Middle East - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in the Middle East.

Africa - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Africa.

Geography