Price for Cobalt; Waste and Scrap in France - 2023

Contents:

  1. Price for Cobalt; Waste and Scrap in France (CIF) - 2022
  2. Price for Cobalt; Waste and Scrap in France (FOB) - 2022
  3. Imports of Cobalt; Waste and Scrap in France
  4. Exports of Cobalt; Waste and Scrap in France

Price for Cobalt; Waste and Scrap in France (CIF) - 2022

In 2022, the average cobalt; waste and scrap import price amounted to $28,149 per ton, rising by 7.9% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cobalt; waste and scrap import price increased by +33.9% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($52,131 per ton), while the price for the Netherlands ($8,510 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cobalt; Waste and Scrap in France (FOB) - 2022

The average cobalt; waste and scrap export price stood at $9,465 per ton in 2022, surging by 15% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 125%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($50,509 per ton), while the average price for exports to Switzerland ($847 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 Belgium (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cobalt; Waste and Scrap in France

In 2022, supplies from abroad of cobalt; waste and scraps was finally on the rise to reach 395 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt descent.

In value terms, cobalt; waste and scrap imports surged to $11M in 2022. Overall, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% 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 +48.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cobalt; Waste and Scrap in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.3N/AN/A4.854.6%
Germany0.66.46.73.986.6%
United Kingdom2.40.61.41.5-14.5%
NetherlandsN/A0.30.20.863.3%
Switzerland0.40.20.3N/A-13.4%
Madagascar5.6N/AN/AN/A0%
Others0.40.10.1N/A-50.0%
Total10.77.58.611.11.2%

Top Suppliers of Cobalt; Waste and Scrap to France in 2022:

  1. Germany (148.5 tons)
  2. Netherlands (98.5 tons)
  3. Belgium (93.0 tons)
  4. United Kingdom (52.2 tons)
  5. Switzerland (1.8 tons)

Exports of Cobalt; Waste and Scrap in France

In 2022, cobalt; waste and scrap exports from France expanded modestly to 415 tons, increasing by 2.2% against the previous year. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, cobalt; waste and scrap exports skyrocketed to $3.9M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cobalt; Waste and Scrap in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6597141,8421,98344.4%
Germany16215356667861.2%
BelgiumN/AN/AN/A3620%
Canada491202N/A351-10.6%
United States507444475256-20.4%
Sweden2332134412380.7%
Switzerland39.714.66.94.1-53.1%
Others9.123.9N/A56.283.5%
Total2,1011,7653,3313,92923.2%

Top Export Markets for Cobalt; Waste and Scrap from France in 2022:

  1. United Kingdom (112.8 tons)
  2. United States (111.8 tons)
  3. Canada (95.9 tons)
  4. Germany (74.3 tons)
  5. Belgium (7.2 tons)
  6. Sweden (6.7 tons)
  7. Switzerland (4.9 tons)

Source: IndexBox Market Intelligence Platform

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