Price for Cobalt; Waste and Scrap in Turkey - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Turkey (FOB) - 2022
- Price for Cobalt; Waste and Scrap in Turkey (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in Turkey
- Imports of Cobalt; Waste and Scrap in Turkey
Price for Cobalt; Waste and Scrap in Turkey (FOB) - 2022
In 2022, the average cobalt; waste and scrap export price amounted to $6,572 per ton, waning by -50.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 36%. The export price peaked at $13,379 per ton in 2021, and then declined markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +11.2% per year.
Price for Cobalt; Waste and Scrap in Turkey (CIF) - 2022
The average cobalt; waste and scrap import price stood at $17,942 per ton in 2022, dropping by -30.7% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 144% against the previous year. The import price peaked at $30,166 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($47,974 per ton), while the price for Germany stood at $14,758 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cobalt; Waste and Scrap in Turkey
In 2022, the amount of cobalt; waste and scraps exported from Turkey reduced remarkably to 6.6 tons, waning by -18.7% against the previous year's figure. Overall, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
In value terms, cobalt; waste and scrap exports shrank markedly to $43K in 2022. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year.
| Export of Cobalt; Waste and Scrap in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 22.8 | 5.8 | 7.9 | 43.5 | 24.0% |
| South Korea | 11.7 | N/A | N/A | N/A | 0% |
| Japan | 6.7 | 3.5 | 4.7 | N/A | -16.2% |
| Germany | 24.1 | 40.5 | 37.0 | N/A | 23.9% |
| Netherlands | 67.9 | 39.9 | 59.2 | N/A | -6.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 133 | 89.7 | 109 | 43.5 | -31.1% |
Top Export Markets for Cobalt; Waste and Scrap from Turkey in 2022:
- United Kingdom (6.6 tons)
Imports of Cobalt; Waste and Scrap in Turkey
In 2022, imports of cobalt; waste and scraps into Turkey skyrocketed to 11 tons, picking up by 1,018% compared with 2021 figures. In general, imports, however, saw a slight contraction.
In value terms, cobalt; waste and scrap imports skyrocketed to $190K in 2022. Overall, imports, however, showed a drastic downturn.
| Import of Cobalt; Waste and Scrap in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.4 | N/A | 7.9 | 141 | 100.9% |
| United Kingdom | 89.3 | 1.4 | 2.7 | 48.6 | -18.4% |
| United States | 162 | 1.4 | 13.9 | N/A | -70.7% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 268 | 3.3 | 24.5 | 190 | -10.8% |
Top Suppliers of Cobalt; Waste and Scrap to Turkey in 2022:
- Germany (9.6 tons)
- United Kingdom (1.0 tons)
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