Price for Cobalt Ores and Concentrates in Romania - 2023

Contents:

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

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

The average cobalt ores and concentrates import price stood at $31,250 per ton in 2022, with a decrease of -72.9% against the previous year. In general, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 157%. Over the period under review, average import prices reached the peak figure at $115,378 per ton in 2021, and then fell dramatically in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +50.1% per year.

Imports of Cobalt Ores and Concentrates in Romania

In 2022, after two years of decline, there was significant decline in overseas purchases of cobalt ores and concentrateses, when their volume decreased by -55.6% to 12 kg. Over the period under review, imports, however, showed significant growth.

In value terms, cobalt ores and concentrates imports contracted remarkably to $375 in 2022. In general, imports, however, enjoyed a strong increase.

Import of Cobalt Ores and Concentrates in Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A3,098375-87.9%
Germany25.0N/AN/AN/A0%
United Kingdom294N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total319N/A3,0983755.5%

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

  1. China (12.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cobalt ores and concentrates - Romania