Price for Cobalt Ores and Concentrates in Serbia - 2023

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

In 2022, the average cobalt ores and concentrates import price amounted to $80,783 per ton, increasing by 34% against the previous year. Over the last one-year period, it increased at an average annual rate of +34.3%. As a result, import price reached 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 the UK.

From 2021 to 2022, the rate of growth in terms of prices for the UK amounted to +34.3% per year.

Imports of Cobalt Ores and Concentrates in Serbia

In 2022, imports of cobalt ores and concentrateses into Serbia surged to 600 kg, with an increase of 100% against the year before. Over the period under review, imports continue to indicate significant growth. 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 surged to $48K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.