Egypt: Cobalt Market Overview 2020

Cobalt Market Size in Egypt

The revenue of the cobalt market in Egypt amounted to $X in 2017, growing by X% against the previous year. Overall, cobalt consumption continues to indicate a prominent growth. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Egypt cobalt consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Cobalt Production in Egypt

In 2017, approx. X kg of cobalt were produced in Egypt; remaining relatively unchanged against the previous year. In general, cobalt production continues to indicate a relatively flat trend pattern.

Cobalt Exports by Country from Egypt

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 finishing at 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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Finland ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. China, Norway, Australia, Japan, Zambia, the UK, Belgium, Russia and South Korea lagged somewhat behind, together comprising a further X%.

Japan (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countriesover the last decade, while the other leaders experienced more modest paces of growth.

Cobalt Export Prices by Country in Egypt

The cobalt export price in Egypt stood at X in 2017, approximately mirroring by -% against the previous year. Over the last decade, it decreased at an average annual rate of nan%. The most prominent rate of growth was recorded in 2008, when it surged by -% against the previous year.

Export prices varied noticeably by the country of destination; 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 into Egypt

In 2017, cobalt imports into Egypt totaled X kg, coming up by X% against the previous year. In general, cobalt imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. In that year, the cobalt imports attained their peak volume of X kg. From 2009 to 2017, growth of the cobalt imports failed to regain its momentum.

In value terms, cobalt imports stood at $X in 2017. Overall, cobalt imports continue to indicate a strong expansion. Over the period under review, the cobalt imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Cobalt Imports by Country into Egypt

China dominates cobalt imports structure, amounting to X tonnes, which was near 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. From 2007 to 2017, the share of China decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, cobalt imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (-X% per year) and the U.S. (+X% per year).

Cobalt Import Prices by Country in Egypt

In 2017, the cobalt import price in Egypt amounted to $X per kg, surging by X% against the previous year. In general, cobalt import price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2013, when the import prices increased by X% y-o-y. Egypt import price peaked of $X per kg in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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