Russian Federation - Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Russian Federation - Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cobalt Oxides and Hydroxides in Russia - 2022

Contents:

  1. Price for Cobalt Oxides and Hydroxides in Russia (CIF) - 2022
  2. Price for Cobalt Oxides and Hydroxides in Russia (FOB) - 2022
  3. Imports of Cobalt Oxides and Hydroxides in Russia
  4. Exports of Cobalt Oxides and Hydroxides in Russia

Price for Cobalt Oxides and Hydroxides in Russia (CIF) - 2022

The average cobalt oxides and hydroxides import price stood at $32,299 per ton in 2022, falling by -14% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64%. As a result, import price reached the peak level of $45,208 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($35,213 per ton), while the price for China totaled $30,550 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cobalt Oxides and Hydroxides in Russia (FOB) - 2022

The average cobalt oxides and hydroxides export price stood at $21,943 per ton in 2021, waning by -84.3% against the previous year. Overall, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 608% against the previous year. As a result, the export price attained the peak level of $140,112 per ton, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($168,834 per ton), while the average price for exports to Belgium ($15,248 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+17.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cobalt Oxides and Hydroxides in Russia

After three years of growth, supplies from abroad of cobalt oxides and hydroxides and commercial cobalt oxides decreased by -15.4% to 59 tons in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports reached the peak of 70 tons, and then dropped markedly in the following year.

In value terms, cobalt oxides and hydroxides imports dropped remarkably to $1.9M in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 120%. As a result, imports reached the peak of $2.6M, and then fell dramatically in the following year.

Import of Cobalt Oxides and Hydroxides in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6298961,3201,12821.5%
Belgium13554.11,16178079.4%
Finland265160120N/A-32.7%
Others75.082.921.7N/A-46.2%
Total1,1041,1932,6231,90820.0%

Top Suppliers of Cobalt Oxides and Hydroxides to Russia in 2022:

  1. China (36.9 tons)
  2. Belgium (22.1 tons)

Exports of Cobalt Oxides and Hydroxides in Russia

Cobalt oxides and hydroxides exports from Russia skyrocketed to 6 tons in 2021, surging by 4,170% compared with the previous year. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cobalt oxides and hydroxides exports surged to $132K in 2021. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cobalt Oxides and Hydroxides in Russia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
BelgiumN/AN/A87.40%
Belarus4.316.021.9125.7%
ItalyN/AN/A14.40%
Netherlands54.6N/AN/A0%
Others7.93.78.43.1%
Total66.719.713240.7%

Top Export Markets for Cobalt Oxides and Hydroxides from Russia in 2022:

  1. Belgium (5.7 tons)
  2. Belarus (0.1 tons)
  3. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20121930 - Cobalt oxides and hydroxides, commercial cobalt oxides

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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