Price for Cobalt Ores and Concentrates in Italy - 2023

Contents:

1. Price for Cobalt Ores and Concentrates in Italy (FOB) - 2023
2. Price for Cobalt Ores and Concentrates in Italy (CIF) - 2022
3. Exports of Cobalt Ores and Concentrates in Italy
4. Imports of Cobalt Ores and Concentrates in Italy

Price for Cobalt Ores and Concentrates in Italy (FOB) - 2023

The average cobalt ores and concentrates export price stood at $3,056 per ton in May 2023, leveling off at the previous month. Overall, the export price enjoyed mild growth. The pace of growth was the most pronounced in April 2023 when the average export price increased by 6% against the previous month. The export price peaked in May 2023.

As there is only one major export destination, the average price level is determined by prices for France.

From May 2022 to May 2023, the rate of growth in terms of prices for France amounted to +1.1% per month.

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

In 2022, the average cobalt ores and concentrates import price amounted to $86,610 per ton, increasing by 52% against the previous year. Overall, the import price posted significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,809% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($865,879 per ton), while the price for the Netherlands amounted to $57,852 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+74.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cobalt Ores and Concentrates in Italy

In 2022, cobalt ores and concentrates exports from Italy skyrocketed to 926 tons, jumping by 108% against the previous year's figure. 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 surged to $2.2M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. France (926.5 tons)

Imports of Cobalt Ores and Concentrates in Italy

In 2022, the amount of cobalt ores and concentrateses imported into Italy soared to 28 tons, rising by 3,206% compared with 2021. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt ores and concentrates imports skyrocketed to $2.4M in 2022. In general, imports continue to indicate 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 Italy in 2022:

1. Netherlands (27.1 tons)
2. Sweden (1.0 tons)

Source: IndexBox Market Intelligence Platform