Price for Cobalt; Waste and Scrap in Colombia - 2021
Contents:
- Price for Cobalt; Waste and Scrap in Colombia (FOB) - 2022
- Price for Cobalt; Waste and Scrap in Colombia (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in Colombia
- Imports of Cobalt; Waste and Scrap in Colombia
Price for Cobalt; Waste and Scrap in Colombia (FOB) - 2022
The average cobalt; waste and scrap export price stood at $12,736 per ton in 2022, jumping by 25% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68%. As a result, the export price reached the peak level of $14,194 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,810 per ton), while the average price for exports to the United States stood at $8,556 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+73.1%).
Price for Cobalt; Waste and Scrap in Colombia (CIF) - 2022
The average cobalt; waste and scrap import price stood at $37,307 per ton in 2022, picking up by 2.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 28%. As a result, import price reached the peak level of $38,889 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.5% per year.
Exports of Cobalt; Waste and Scrap in Colombia
Cobalt; waste and scrap exports from Colombia declined to 1 tons in 2022, dropping by -14% on the year before. Overall, exports recorded a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of 1.2 tons, and then contracted in the following year.
In value terms, cobalt; waste and scrap exports expanded notably to $13K in 2022. The total export value increased at an average annual rate of +12.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Cobalt; Waste and Scrap in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 6.5 | 0% |
United States | 0.2 | 0.3 | 2.0 | 0.2 | 0.0% |
Cyprus | N/A | N/A | 10.2 | N/A | 0% |
Canada | 8.4 | 13.7 | N/A | N/A | 63.1% |
Others | 0.7 | N/A | N/A | 6.5 | 110.2% |
Total | 9.3 | 14.1 | 12.2 | 13.1 | 12.1% |
Top Export Markets for Cobalt; Waste and Scrap from Colombia in 2022:
- Germany (506.0 kg)
- United States (18.0 kg)
Imports of Cobalt; Waste and Scrap in Colombia
In 2022, supplies from abroad of cobalt; waste and scraps increased by 20% to 300 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decline.
In value terms, cobalt; waste and scrap imports skyrocketed to $11K in 2022. Overall, imports, however, showed a abrupt shrinkage.
Import of Cobalt; Waste and Scrap in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.5 | 13.3 | 9.1 | 11.2 | -13.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 17.5 | 13.3 | 9.1 | 11.2 | -13.8% |
Top Suppliers of Cobalt; Waste and Scrap to Colombia in 2022:
- United States (300.0 kg)
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