Price for Cobalt; Waste and Scrap in the United Arab Emirates - 2021
Contents:
- Price for Cobalt; Waste and Scrap in the United Arab Emirates (FOB) - 2022
- Price for Cobalt; Waste and Scrap in the United Arab Emirates (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in the United Arab Emirates
- Imports of Cobalt; Waste and Scrap in the United Arab Emirates
Price for Cobalt; Waste and Scrap in the United Arab Emirates (FOB) - 2022
In 2022, the average cobalt; waste and scrap export price amounted to $17,486 per ton, shrinking by -4.8% against the previous year. Over the period under review, the export price, however, posted a modest expansion. The pace of growth appeared the most rapid in 2020 an increase of 113%. As a result, the export price reached the peak level of $28,726 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($21,545 per ton), while the average price for exports to Japan ($7,348 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 the UK (+3.7%).
Price for Cobalt; Waste and Scrap in the United Arab Emirates (CIF) - 2022
In 2022, the average cobalt; waste and scrap import price amounted to $4,681 per ton, with a decrease of -78.3% against the previous year. In general, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 128% against the previous year. Over the period under review, average import prices reached the peak figure at $21,588 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19,094 per ton), while the price for India stood at $4,516 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.6%).
Exports of Cobalt; Waste and Scrap in the United Arab Emirates
In 2022, cobalt; waste and scrap exports from the United Arab Emirates soared to 8.2 tons, surging by 146% against the previous year. In general, exports saw a buoyant increase. 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 $143K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 208% against the previous year. As a result, the exports attained the peak of $226K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cobalt; Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.8 | 25.7 | 13.0 | 75.4 | 68.4% |
| United States | 55.0 | 190 | 46.4 | 65.0 | 5.7% |
| Japan | N/A | N/A | N/A | 1.4 | 0% |
| Oman | 1.1 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 9.6 | 1.9 | 1.8 | 11.5% |
| Total | 73.3 | 226 | 61.4 | 143 | 25.0% |
Top Export Markets for Cobalt; Waste and Scrap from the United Arab Emirates in 2022:
- United States (4.5 tons)
- United Kingdom (3.5 tons)
- Japan (0.2 tons)
Imports of Cobalt; Waste and Scrap in the United Arab Emirates
In 2022, overseas purchases of cobalt; waste and scraps increased by 425% to 8.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cobalt; waste and scrap imports reached $40K in 2022. In general, imports, however, faced a abrupt setback.
| Import of Cobalt; Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 37.9 | 0% |
| United States | 1.0 | 44.6 | 34.9 | 1.8 | 21.6% |
| Belgium | 7.3 | N/A | N/A | N/A | 0% |
| Others | 48.5 | N/A | N/A | N/A | 0% |
| Total | 56.8 | 44.6 | 34.9 | 39.7 | -11.3% |
Top Suppliers of Cobalt; Waste and Scrap to the United Arab Emirates in 2022:
- India (8.4 tons)
- United States (0.1 tons)
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