Price for Cobalt; Waste and Scrap in Italy - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Italy (CIF) - 2022
- Price for Cobalt; Waste and Scrap in Italy (FOB) - 2022
- Imports of Cobalt; Waste and Scrap in Italy
- Exports of Cobalt; Waste and Scrap in Italy
Price for Cobalt; Waste and Scrap in Italy (CIF) - 2022
The average cobalt; waste and scrap import price stood at $27,989 per ton in 2022, rising by 19% against the previous year. Overall, the import price showed buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 190%. Over the period under review, average import prices attained the peak figure at $48,600 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Netherlands ($32,611 per ton), while the price for Germany amounted to $24,596 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cobalt; Waste and Scrap in Italy (FOB) - 2022
The average cobalt; waste and scrap export price stood at $4,055 per ton in 2022, falling by -58.8% against the previous year. Over the period under review, the export price faced a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35%. As a result, the export price attained the peak level of $22,375 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($15,196 per ton), while the average price for exports to Belgium ($2,124 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 Switzerland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cobalt; Waste and Scrap in Italy
In 2022, the amount of cobalt; waste and scraps imported into Italy amounted to 19 tons, growing by 9.6% compared with the year before. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 42,288% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, cobalt; waste and scrap imports soared to $520K in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 20,447% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Cobalt; Waste and Scrap in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 118 | 282 | 139.0% |
| Netherlands | N/A | N/A | 281 | 231 | -17.8% |
| United Kingdom | 22.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.9 | N/A | 6.3 | 82.1% |
| Total | 22.5 | 1.9 | 399 | 520 | 184.8% |
Top Suppliers of Cobalt; Waste and Scrap to Italy in 2022:
- Germany (11.5 tons)
- Netherlands (7.1 tons)
Exports of Cobalt; Waste and Scrap in Italy
In 2022, the amount of cobalt; waste and scraps exported from Italy skyrocketed to 136 tons, rising by 393% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cobalt; waste and scrap exports skyrocketed to $550K in 2022. In general, exports, however, saw a perceptible slump.
| Export of Cobalt; Waste and Scrap in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 35.8 | 107 | 22.1 | 233 | 86.7% |
| United Kingdom | 338 | 548 | 101 | 181 | -18.8% |
| Switzerland | 79.9 | 43.6 | 84.4 | 135 | 19.1% |
| Germany | 81.2 | 10.6 | 52.9 | N/A | -19.3% |
| Austria | 99.6 | N/A | N/A | N/A | 0% |
| France | N/A | 8.2 | 11.0 | N/A | 34.1% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 634 | 719 | 271 | 550 | -4.6% |
Top Export Markets for Cobalt; Waste and Scrap from Italy in 2022:
- Belgium (109.9 tons)
- United Kingdom (16.8 tons)
- Switzerland (8.9 tons)
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