Price for Cobalt Ores and Concentrates in Luxembourg - 2022

Contents:

  1. Price for Cobalt Ores and Concentrates in Luxembourg (CIF) - 2022
  2. Imports of Cobalt Ores and Concentrates in Luxembourg

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

In 2022, the average cobalt ores and concentrates import price amounted to $110,665 per ton, increasing by 213% against the previous year. Over the period under review, the import price posted a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +9.6% per year.

Imports of Cobalt Ores and Concentrates in Luxembourg

In 2022, overseas purchases of cobalt ores and concentrateses decreased by -94.1% to 3 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a precipitous curtailment.

In value terms, cobalt ores and concentrates imports shrank rapidly to $332 in 2022. Overall, imports continue to indicate a significant decrease.

Import of Cobalt Ores and Concentrates in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A0.30%
FranceN/AN/A1.8N/A0%
Belgium4.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.2N/A1.80.3-58.5%

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

  1. Japan (3.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cobalt ores and concentrates - Luxembourg