Czech Republic: Cobalt Market Overview 2020

Cobalt Market Size in the Czech Republic

The revenue of the cobalt market in the Czech Republic amounted to $X in 2017, picking up by X% against the previous year. Overall, cobalt consumption continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. The Czech Republic cobalt consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Cobalt Production in the Czech Republic

In 2017, production of cobalt in the Czech Republic stood at X kg, therefore, remained relatively stable against the previous year. In general, cobalt production continues to indicate a relatively flat trend pattern.

Cobalt Exports in the Czech Republic

In 2017, cobalt exports from the Czech Republic totaled X tonnes, surging by X% against the previous year. Overall, cobalt exports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the cobalt exports reached its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, cobalt exports totaled $X in 2017. Overall, cobalt exports continue to indicate a skyrocketing increase. Over the period under review, the cobalt exports reached its maximum level in 2017, and are likely to see steady growth in the immediate term.

Cobalt Exports by Country in the Czech Republic

The countries with the highest levels of cobalt exports in 2017 were Canada (X tonnes), Finland (X tonnes), the U.S. (X tonnes), Belgium (X tonnes), Japan (X tonnes), Russia (X tonnes), South Korea (X tonnes), China (X tonnes), Norway (X tonnes), Australia (X tonnes), Zambia (X tonnes) and the UK (X tonnes), together reaching X% of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Czech Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest cobalt markets worldwide were Canada ($X), Finland ($X) and the U.S. ($X), with a combined X% share of total exports. China, Norway, Australia, Japan, Zambia, the UK, Belgium, Russia, South Korea and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Czech Republic (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Cobalt Export Prices by Country in the Czech Republic

The cobalt export price in the Czech Republic stood at $X per kg in 2017, surging by X% against the previous year. Overall, cobalt export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017, an increase of X% year-to-year. The Czech Republic export price peaked of $X per kg in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Australia ($X per kg), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Cobalt Imports in the Czech Republic

In 2017, the amount of cobalt imported into the Czech Republic totaled X tonnes, jumping by X% against the previous year. In general, cobalt imports continue to indicate a slight growth. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. In that year, the cobalt imports reached their peak volume of X tonnes. From 2009 to 2017, growth of the cobalt imports stood at a somewhat lower level.

In value terms, cobalt imports stood at $X in 2017. Overall, cobalt imports continue to indicate a perceptible increase. The Czech Republic imports peaked in 2017, and are expected to retain its growth in the immediate term.

Cobalt Imports by Country in the Czech Republic

China dominates cobalt imports structure, finishing at X tonnes, which was approx. X% of total imports in 2017. The following importers - the U.S. (X tonnes), Japan (X tonnes), the UK (X tonnes) and Finland (X tonnes) together made up X% of total imports.

China was also the fastest growing in terms of the cobalt imports, with a CAGR of +X% from 2007 to 2017. At the same time, Finland (+X%), the UK (+X%) and the U.S. (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cobalt into the Czech Republic, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and the U.S. (+X% per year).

Cobalt Import Prices by Country in the Czech Republic

In 2017, the cobalt import price in the Czech Republic amounted to $X per kg, dropping by -X% against the previous year. Overall, cobalt import price continues to indicate a modest expansion. The pace of growth was the most pronounced in 2010, an increase of X% year-to-year. Over the period under review, the import prices for cobalt reached its maximum level of $X per kg in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per kg), while China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform