Price for Cobalt Ores and Concentrates in Iran - 2022

Contents:

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

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

In 2022, the average cobalt ores and concentrates import price amounted to $68,414 per ton, surging by 11% against the previous year. In general, the import price enjoyed a modest increase. The import price peaked at $69,653 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Oman.

From 2016 to 2022, the rate of growth in terms of prices for India amounted to +38.1% per year.

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

The average cobalt ores and concentrates export price stood at $1,226 per ton in 2022, increasing by 2.5% against the previous year. In general, the export price, however, faced a deep contraction. Over the period under review, the average export prices attained the maximum at $4,953 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Taiwan (Chinese) amounted to -4.7% per year.

Imports of Cobalt Ores and Concentrates in Iran

In 2022, cobalt ores and concentrates imports into Iran soared to 754 kg, picking up by 48% against 2021 figures. In general, imports, however, saw a deep contraction.

In value terms, cobalt ores and concentrates imports surged to $52K in 2022. Overall, imports, however, showed a abrupt decline.

Import of Cobalt Ores and Concentrates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
OmanN/AN/A31.551.663.8%
Germany27.5N/AN/AN/A0%
India20.2N/AN/AN/A0%
United Arab Emirates16.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total63.9N/A31.551.6-6.9%

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

  1. Oman (754.0 kg)

Exports of Cobalt Ores and Concentrates in Iran

In 2022, shipments abroad of cobalt ores and concentrateses was finally on the rise to reach 13 tons after two years of decline. In general, exports, however, continue to indicate a abrupt curtailment.

In value terms, cobalt ores and concentrates exports soared to $16K in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn.

Export of Cobalt Ores and Concentrates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.519.011.716.0-15.5%
AfghanistanN/A1.2N/AN/A0%
Uzbekistan0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total26.620.311.716.0-15.6%

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

  1. China (13.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cobalt ores and concentrates - Iran