Price for Cobalt Ores and Concentrates in France - 2023

Contents:

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

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

The average cobalt ores and concentrates export price stood at $15,606 per ton in 2022, picking up by 402% against the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 5,594% against the previous year. The export price peaked at $257,360 per ton in 2020; however, from 2021 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 China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +281.1% per year.

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

In 2022, the average cobalt ores and concentrates import price amounted to $15,601 per ton, which is down by -69.7% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 127%. The import price peaked at $51,450 per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($50,860 per ton), while the price for the Netherlands ($7,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cobalt Ores and Concentrates in France

In 2022, after three years of growth, there was significant decline in overseas shipments of cobalt ores and concentrateses, when their volume decreased by -97% to 2 tons. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 53,820% against the previous year. As a result, the exports reached the peak of 67 tons, and then reduced notably in the following year.

In value terms, cobalt ores and concentrates exports declined rapidly to $31K in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 551%. As a result, the exports reached the peak of $210K, and then dropped sharply in the following year.

Export of Cobalt Ores and Concentrates in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A31.20%
MalaysiaN/AN/A210N/A0%
Others30.532.2N/AN/A5.6%
Total30.532.221031.20.8%

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

  1. China (2.0 tons)

Imports of Cobalt Ores and Concentrates in France

For the fourth year in a row, France recorded growth in supplies from abroad of cobalt ores and concentrateses, which increased by 657% to 2 tons in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cobalt ores and concentrates imports surged to $31K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cobalt Ores and Concentrates in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.110.212.814.627.2%
United KingdomN/AN/AN/A14.10%
NetherlandsN/AN/AN/A1.90%
Others0.2N/A0.50.1-20.6%
Total7.210.213.430.762.2%

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

  1. United Kingdom (1400.0 kg)
  2. Germany (287.0 kg)
  3. Netherlands (274.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cobalt ores and concentrates - France