Price for Cobalt Ores and Concentrates in Belgium - 2023

Contents:

1. Price for Cobalt Ores and Concentrates in Belgium (CIF) - 2022
2. Price for Cobalt Ores and Concentrates in Belgium (FOB) - 2022
3. Imports of Cobalt Ores and Concentrates in Belgium
4. Exports of Cobalt Ores and Concentrates in Belgium

Price for Cobalt Ores and Concentrates in Belgium (CIF) - 2022

In 2022, the average cobalt ores and concentrates import price amounted to $14,990 per ton, with an increase of 3.6% against the previous year. In general, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in 2014 an increase of 79%. As a result, import price attained the peak level of $28,498 per ton. From 2015 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 the Netherlands ($15,100 per ton), while the price for France amounted to $8,635 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+71.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cobalt Ores and Concentrates in Belgium (FOB) - 2022

The average cobalt ores and concentrates export price stood at $7,076 per ton in 2022, picking up by 61% against the previous year. Overall, the export price showed a buoyant increase. The growth pace was the most rapid in 2016 when the average export price increased by 320%. As a result, the export price reached the peak level of $8,345 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($25,958 per ton), while the average price for exports to Malaysia ($3,589 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 Japan (+232.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cobalt Ores and Concentrates in Belgium

Cobalt ores and concentrates imports into Belgium skyrocketed to 136 tons in 2022, with an increase of 78% compared with the previous year. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, cobalt ores and concentrates imports skyrocketed to $2M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cobalt Ores and Concentrates to Belgium in 2022:

1. Netherlands (133.5 tons)
2. France (2.3 tons)

Exports of Cobalt Ores and Concentrates in Belgium

In 2022, approx. 30 tons of cobalt ores and concentrateses were exported from Belgium; rising by 102% compared with 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt ores and concentrates exports skyrocketed to $213K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cobalt Ores and Concentrates from Belgium in 2022:

1. Malaysia (15.3 tons)
2. Singapore (6.4 tons)
3. Spain (2.9 tons)
4. China (2.8 tons)
5. Poland (2.7 tons)

Source: IndexBox Market Intelligence Platform