Turkey - Cobalt - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCobalt Price in Turkey - 2024
Contents:
- Cobalt Price in Turkey (CIF) - 2022
- Cobalt Price in Turkey (FOB) - 2022
- Cobalt Imports in Turkey
- Cobalt Exports in Turkey
Cobalt Price in Turkey (CIF) - 2022
In 2022, the average cobalt import price amounted to $47,017 per ton, surging by 152% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $71,831 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($60,094 per ton), while the price for India ($26,062 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cobalt Price in Turkey (FOB) - 2022
The average cobalt export price stood at $59,128 per ton in 2022, with an increase of 201% against the previous year. Overall, the export price enjoyed strong growth. Over the period under review, the average export prices hit record highs at $63,302 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($65,174 per ton), while the average price for exports to Russia ($57,641 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+436.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cobalt Imports in Turkey
In 2022, imports of cobalt into Turkey skyrocketed to 1.1K tons, jumping by 32% against 2021. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 237%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, cobalt imports skyrocketed to $50M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cobalt in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.3 | 0.4 | 0.8 | 26.6 | 345.9% |
| Australia | 2.0 | 2.8 | 5.0 | 6.7 | 49.6% |
| Canada | 1.3 | 0.1 | 2.2 | 4.8 | 54.6% |
| Madagascar | 0.8 | 1.4 | 0.3 | 2.4 | 44.2% |
| Belgium | 0.5 | 1.2 | 1.0 | 1.8 | 53.3% |
| United States | 1.5 | 0.8 | 0.3 | 1.5 | 0.0% |
| Iran | N/A | N/A | N/A | 1.1 | 0% |
| Morocco | 0.4 | 0.1 | 0.7 | 1.1 | 40.1% |
| India | N/A | N/A | N/A | 0.7 | 0% |
| United Kingdom | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Finland | 0.7 | 0.4 | 0.3 | 0.6 | -5.0% |
| Democratic Republic of the Congo | N/A | N/A | 1.8 | N/A | 0% |
| Others | 2.2 | 1.7 | 2.1 | 2.3 | 1.5% |
| Total | 10.1 | 9.5 | 15.1 | 50.2 | 70.7% |
Top Suppliers of Cobalt to Turkey in 2022:
- Russia (612.5 tons)
- Australia (125.5 tons)
- Canada (82.6 tons)
- Madagascar (43.1 tons)
- Belgium (42.4 tons)
- United States (30.7 tons)
- India (28.1 tons)
- Morocco (20.2 tons)
- Iran (19.6 tons)
- United Kingdom (18.2 tons)
- Finland (9.6 tons)
Cobalt Exports in Turkey
In 2022, shipments abroad of cobalt decreased by -95.5% to 224 tons, falling for the second year in a row after two years of growth. In general, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2020 when exports increased by 2,475% against the previous year. As a result, the exports reached the peak of 6.7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cobalt exports declined remarkably to $13M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,767% against the previous year.
| Export of Cobalt in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 7.6 | 0% |
| Netherlands | N/A | 5.3 | 2.7 | 3.5 | -18.7% |
| India | 0.6 | 0.6 | 0.7 | 1.7 | 41.5% |
| Spain | 0.5 | 1.5 | 37.2 | N/A | 762.6% |
| South Korea | N/A | 1.7 | 15.2 | N/A | 794.1% |
| China | N/A | 23.3 | N/A | N/A | 0% |
| Morocco | 0.9 | 2.0 | N/A | N/A | 122.2% |
| United Kingdom | 0.3 | 2.4 | 19.1 | N/A | 697.9% |
| Finland | N/A | 18.2 | 21.7 | N/A | 19.2% |
| Others | 0.6 | 1.0 | 1.5 | 0.5 | -5.9% |
| Total | 3.0 | 55.9 | 98.3 | 13.3 | 64.3% |
Top Export Markets for Cobalt from Turkey in 2022:
- Russia (131.0 tons)
- Netherlands (56.8 tons)
- India (26.7 tons)
This report provides an in-depth analysis of the cobalt market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
498
This report provides an in-depth analysis of the cobalt market in Turkey.
266
This report provides an in-depth analysis of the cobalt market in Turkey.
1034
This report provides an in-depth analysis of the kiwi fruit market in Turkey.
271
This report provides an in-depth analysis of the pneumatic filter market in Turkey.
1737
This report provides an in-depth analysis of the global cobalt market.
331
This report provides an in-depth analysis of the global cobalt market.
6620
This report provides an in-depth analysis of the global kiwi fruit market.
436
Global Pneumatic Filter Market Report 2018. This report provides an in-depth analysis of the global pneumatic filter market.
498
This report provides an in-depth analysis of the cobalt market in Turkey.
266
This report provides an in-depth analysis of the cobalt market in Turkey.
95
Explore the top import markets for cobalt globally and understand the key players dominating the industry.
524
Explore the top import markets for kiwi fruit, including China, Belgium, Japan, Germany, Spain, Netherlands, United States, France, South Korea, and Italy. Discover key statistics and market trends in this comprehensive article.
1450
For the tenth consecutive year, the global kiwi fruit market recorded growth in sales value, which increased by 6.5%...
2221
New Zealand (417K tons) and Italy (289K tons) were the key exporters of kiwi fruit in 2018, resulting at near 29% and 20% of total exports, respectively.
6543
Global kiwi fruit consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2842
In 2015, the country with the largest volume of the kiwi fruit output was China (X thousand tons), accounting for X% of global production. Moreover, kiwi fruit output in China exceeded the figures recorded by the world's second largest producer,
1270
New Zealand continued its dominance in the global kiwi fruit trade. In 2014, New Zealand exported X thousand tons of kiwi fruit totaling X million USD, X% over the previous year. Its primary trading partner was Japan, where it supplied X% of it
1425
In value terms, cobalt ores and concentrates imports totaled $X in 2016. Overall, cobalt ores and concentrates imports continue to indicate a deep descent. In that year, global cobalt ores and conc...
1770
In value terms, cobalt imports stood at $X in 2016. In general, cobalt imports continue to indicate a temperate drop. Over the period under review, global cobalt imports reached its maximum level o...
1072
In value terms, cobalt ores and concentrates exports stood at $X in 2016. In general, cobalt ores and concentrates exports continue to indicate a precipitous contraction. Over the period under revie...
