Price for Cobalt; Waste and Scrap in Nepal - 2022
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Price for Cobalt; Waste and Scrap in Nepal (CIF) - 2022
In 2022, the average cobalt; waste and scrap import price amounted to $5,325 per ton, which is down by -4.1% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +74.4% against 2012 indices. The pace of growth was the most pronounced in 2021 an increase of 13%. As a result, import price reached the peak level of $5,550 per ton, and then dropped modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.7% per year.
Imports of Cobalt; Waste and Scrap in Nepal
Cobalt; waste and scrap imports into Nepal dropped sharply to 40 kg in 2022, reducing by -33.3% on the year before. In general, imports faced a dramatic downturn. The smallest decline of -8.9% was in 2020.
In value terms, cobalt; waste and scrap imports dropped significantly to $213 in 2022. Over the period under review, imports faced a deep downturn. The smallest decline of -3.3% was in 2020.
Import of Cobalt; Waste and Scrap in Nepal (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 367 | 355 | 333 | 213 | -16.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 367 | 355 | 333 | 213 | -16.6% |
Top Suppliers of Cobalt; Waste and Scrap to Nepal in 2022:
- India (40.0 kg)
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