We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Bangladesh - Cobalt - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Bangladesh - Cobalt - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bangladesh: Cobalt Market 2022

Cobalt Market Size in Bangladesh

The Bangladeshi cobalt market reduced notably to $X in 2021, with a decrease of -74.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Cobalt Exports

Exports from Bangladesh

In 2021, approx. X kg of cobalt were exported from Bangladesh; picking up by 7.6% compared with the previous year's figure. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 36%. As a result, the exports reached the peak of X kg. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, cobalt exports stood at $X in 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India (X kg) was the main destination for cobalt exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for cobalt exports from Bangladesh.

From 2015 to 2021, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

The average cobalt export price stood at $X per ton in 2021, falling by -6.6% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 6.2% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2015 to 2021, the rate of growth in terms of prices for South Korea amounted to +6.2% per year.

Cobalt Imports

Imports into Bangladesh

Cobalt imports into Bangladesh fell notably to X kg in 2021, shrinking by -76.3% compared with the previous year's figure. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 1,133% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cobalt imports dropped sharply to $X in 2021. In general, imports, however, saw slight growth. The pace of growth appeared the most rapid in 2018 when imports increased by 311% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Taiwan (Chinese) (X kg) constituted the largest supplier of cobalt to Bangladesh, with a 51% share of total imports. Moreover, cobalt imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, India (X kg), threefold. The third position in this ranking was held by the United States (X kg), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at -14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-18.1% per year) and the United States (+18.0% per year).

In value terms, Germany ($X) constituted the largest supplier of cobalt to Bangladesh, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Singapore, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+32.9% per year) and Singapore (+33.5% per year).

Import Prices by Country

The average cobalt import price stood at $X per ton in 2021, surging by 112% against the previous year. Over the period under review, the import price enjoyed prominent growth. The growth pace was the most rapid in 2019 when the average import price increased by 153% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting
HANNOVER MESSE 2024

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of cobalt consumption was China, accounting for 63% of total volume. Moreover, cobalt consumption in China exceeded the figures recorded by the second-largest consumer, Democratic Republic of the Congo, fourfold.
Democratic Republic of the Congo remains the largest cobalt producing country worldwide, comprising approx. 53% of total volume. Moreover, cobalt production in Democratic Republic of the Congo exceeded the figures recorded by the second-largest producer, Canada, more than tenfold. Russia ranked third in terms of total production with a 3.8% share.
In value terms, Germany constituted the largest supplier of cobalt to Bangladesh, comprising 42% of total imports. The second position in the ranking was taken by China, with a 19% share of total imports. It was followed by Singapore, with a 15% share.
In value terms, India emerged as the key foreign market for cobalt exports from Bangladesh.
In 2021, the average cobalt export price amounted to $18,711 per ton, reducing by -6.6% against the previous year.
In 2021, the average cobalt import price amounted to $37,119 per ton, rising by 112% against the previous year.

This report provides an in-depth analysis of the cobalt market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Bangladesh

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Bangladesh
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023

    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023

    Recommended reports

    World - Cobalt - Market Analysis, Forecast, Size, Trends and Insights
    $599
    Apr 1, 2024
    Eye 367

    This report provides an in-depth analysis of the global cobalt market.

    Free Data: Cobalt - Bangladesh
    Table
    Cobalt - Bangladesh - Table
    Dashboard
    Cobalt - Bangladesh - Dashboard
    Report
    Cobalt - Bangladesh - Report