Price for Cobalt; Waste and Scrap in Belgium - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Belgium (CIF) - 2022
- Price for Cobalt; Waste and Scrap in Belgium (FOB) - 2022
- Imports of Cobalt; Waste and Scrap in Belgium
- Exports of Cobalt; Waste and Scrap in Belgium
Price for Cobalt; Waste and Scrap in Belgium (CIF) - 2022
The average cobalt; waste and scrap import price stood at $20,408 per ton in 2022, rising by 30% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in 2018 an increase of 166% against the previous year. As a result, import price attained the peak level of $52,245 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($23,044 per ton), while the price for the United States ($17,762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cobalt; Waste and Scrap in Belgium (FOB) - 2022
The average cobalt; waste and scrap export price stood at $34,489 per ton in 2022, jumping by 66% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 322% against the previous year. As a result, the export price attained the peak level of $39,159 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($41,403 per ton), while the average price for exports to Canada ($5,708 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cobalt; Waste and Scrap in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of cobalt; waste and scraps, when their volume decreased by -29.2% to 249 tons. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 239%.
In value terms, cobalt; waste and scrap imports shrank to $5.1M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 237%. As a result, imports attained the peak of $5.5M, and then declined in the following year.
| Import of Cobalt; Waste and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.3 | 1.6 | 3.4 | 2.4 | 22.7% |
| United States | N/A | N/A | 1.6 | 2.3 | 43.7% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Russia | N/A | 0.1 | N/A | N/A | 0% |
| China | N/A | N/A | 0.4 | N/A | 0% |
| Oman | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Total | 1.3 | 1.6 | 5.5 | 5.1 | 57.7% |
Top Suppliers of Cobalt; Waste and Scrap to Belgium in 2022:
- United States (132.2 tons)
- United Kingdom (102.4 tons)
- Germany (7.0 tons)
Exports of Cobalt; Waste and Scrap in Belgium
In 2022, exports of cobalt; waste and scraps from Belgium declined sharply to 78 tons, falling by -43.1% against 2021 figures. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 121% against the previous year. As a result, the exports attained the peak of 138 tons, and then dropped notably in the following year.
In value terms, cobalt; waste and scrap exports shrank to $2.7M in 2022. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year. As a result, the exports attained the peak of $2.9M, and then dropped in the following year.
| Export of Cobalt; Waste and Scrap in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,476 | 1,081 | 2,473 | 2,397 | 17.5% |
| Brazil | N/A | N/A | N/A | 248 | 0% |
| India | N/A | 17.5 | 59.9 | 51.3 | 71.2% |
| South Korea | 245 | N/A | N/A | N/A | 0% |
| Japan | N/A | 372 | N/A | N/A | 0% |
| Vietnam | N/A | 0.5 | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 334 | N/A | 0% |
| Others | 7.4 | 0.2 | N/A | 8.9 | 6.3% |
| Total | 1,728 | 1,472 | 2,866 | 2,705 | 16.1% |
Top Export Markets for Cobalt; Waste and Scrap from Belgium in 2022:
- United Kingdom (undefined tons)
- United States (57.9 tons)
- Brazil (11.2 tons)
- India (8.6 tons)
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