Price for Cobalt; Waste and Scrap in Saudi Arabia - 2021

Contents:

  1. Price for Cobalt; Waste and Scrap in Saudi Arabia (CIF) - 2022
  2. Imports of Cobalt; Waste and Scrap in Saudi Arabia

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

In 2021, the average cobalt; waste and scrap import price amounted to less than $0.1 per ton, reducing by 99.9% against the previous year. Over the period under review, the import price saw a significant contraction. The pace of growth was the most pronounced in 2020 when the average import price decreased by -95.9%. The import price peaked at $3,369,909 per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2019 to 2021, the rate of growth in terms of prices for the United States amounted to -85.0% per year.

Imports of Cobalt; Waste and Scrap in Saudi Arabia

In 2020, the amount of cobalt; waste and scraps imported into Saudi Arabia skyrocketed to 478 kg, picking up by 2,073% against the previous year. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt; waste and scrap imports declined to $67K in 2020. Overall, imports, however, recorded a deep reduction.

Import of Cobalt; Waste and Scrap in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United States74.157.853.9-14.7%
CanadaN/A8.8N/A0%
OthersN/AN/A-53.90%
Total74.166.6N/A-10.1%

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

  1. United States (680.0 kg)

Source: IndexBox Market Intelligence Platform

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