Greece: Cobalt Market Overview 2020

Cobalt Market Size in Greece

The revenue of the cobalt market in Greece amounted to $X in 2017, growing by X% against the previous year. In general, cobalt consumption continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Over the period under review, the cobalt market attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Cobalt Production in Greece

In 2017, approx. X kg of cobalt were produced in Greece; approximately reflecting the previous year. In general, cobalt production continues to indicate a relatively flat trend pattern.

Cobalt Exports from Greece

In 2017, approx. X kg of cobalt were exported from Greece; lowering by -X% against the previous year. Overall, cobalt exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. In that year, the cobalt exports attained their peak volume of X tonnes, and then declined slightly in the following year.

In value terms, cobalt exports stood at $X in 2017. In general, cobalt exports continue to indicate a sharp shrinkage. Greece exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Cobalt Exports by Country from Greece

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 recording 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) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by China, Norway, Australia, Japan, Zambia, the UK, Belgium, Russia, South Korea and Greece, which together accounted for a further X%.

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

Cobalt Export Prices by Country in Greece

In 2017, the cobalt export price in Greece amounted to $X per kg, surging by X% against the previous year. In general, cobalt export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2015, an increase of X% y-o-y. Greece export price peaked of $X per kg in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

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 Greece

In 2017, approx. X tonnes of cobalt were imported into Greece; reducing by -X% against the previous year. In general, cobalt imports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2016, when imports increased by X% year-to-year. Over the period under review, the cobalt imports attained its peak figure volume of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, cobalt imports amounted to $X in 2017. In general, cobalt imports continue to indicate a deep contraction. Over the period under review, the cobalt imports attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Cobalt Imports by Country into Greece

China prevails in cobalt imports structure, finishing at X tonnes, which was near X% of total imports in 2017. The U.S. (X tonnes), Japan (X tonnes), the UK (X tonnes) and Finland (X tonnes) took the minor share 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. China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cobalt into Greece, making up X% of global imports. The second position in the ranking was occupied by Japan ($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 amounted to +X%. 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 Greece

In 2017, the cobalt import price in Greece amounted to $X per kg, picking up by X% against the previous year. Overall, cobalt import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. Greece import price peaked of $X per kg in 2008; however, from 2009 to 2017, it failed to regain its momentum.

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