Price for Cobalt; Waste and Scrap in the Czech Republic - 2023
Contents:
- Price for Cobalt; Waste and Scrap in the Czech Republic (CIF) - 2022
- Price for Cobalt; Waste and Scrap in the Czech Republic (FOB) - 2022
- Imports of Cobalt; Waste and Scrap in the Czech Republic
- Exports of Cobalt; Waste and Scrap in the Czech Republic
Price for Cobalt; Waste and Scrap in the Czech Republic (CIF) - 2022
The average cobalt; waste and scrap import price stood at $31,741 per ton in 2022, growing by 14% against the previous year. Overall, the import price saw strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 147%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +32.3% per year.
Price for Cobalt; Waste and Scrap in the Czech Republic (FOB) - 2022
The average cobalt; waste and scrap export price stood at $11,129 per ton in 2022, declining by -10.5% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $17,485 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($31,575 per ton), while the average price for exports to Germany ($5,446 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 Germany (-3.6%).
Imports of Cobalt; Waste and Scrap in the Czech Republic
In 2022, approx. 16 tons of cobalt; waste and scraps were imported into the Czech Republic; shrinking by -18.9% on 2021. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,887% against the previous year. As a result, imports attained the peak of 20 tons, and then declined notably in the following year.
In value terms, cobalt; waste and scrap imports contracted to $522K in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 4,809% against the previous year. As a result, imports attained the peak of $565K, and then reduced in the following year.
| Import of Cobalt; Waste and Scrap in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 525 | 522 | -0.6% |
| Slovakia | 3.8 | 5.2 | 17.7 | N/A | 115.8% |
| Switzerland | 10.7 | 3.1 | 22.2 | N/A | 44.0% |
| Others | N/A | 3.2 | N/A | N/A | 0% |
| Total | 14.5 | 11.5 | 565 | 522 | 230.2% |
Top Suppliers of Cobalt; Waste and Scrap to the Czech Republic in 2022:
- United Kingdom (16.4 tons)
Exports of Cobalt; Waste and Scrap in the Czech Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of cobalt; waste and scraps, when their volume decreased by -12.3% to 25 tons. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 50%. As a result, the exports attained the peak of 28 tons, and then fell in the following year.
In value terms, cobalt; waste and scrap exports shrank rapidly to $273K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 88%. As a result, the exports attained the peak of $348K, and then declined notably in the following year.
| Export of Cobalt; Waste and Scrap in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 125 | 149 | 265 | 200 | 17.0% |
| Slovenia | N/A | N/A | N/A | 41.3 | 0% |
| Germany | 31.4 | 36.1 | 83.0 | 31.5 | 0.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 157 | 185 | 348 | 273 | 20.3% |
Top Export Markets for Cobalt; Waste and Scrap from the Czech Republic in 2022:
- United Kingdom (17.4 tons)
- Germany (5.8 tons)
- Slovenia (1.3 tons)
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