Ireland: Market for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides 2024

Market Size for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Ireland

The Irish cobalt oxides and hydroxides market declined to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, enjoyed notable growth. Cobalt oxides and hydroxides consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Ireland

In value terms, cobalt oxides and hydroxides production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Exports from Ireland

Cobalt oxides and hydroxides exports from Ireland skyrocketed to X tons in 2022, with an increase of X% compared with the previous year. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt oxides and hydroxides exports surged to $X in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for cobalt oxides and hydroxides exports from Ireland, with a X% share of total exports. Moreover, cobalt oxides and hydroxides exports to Italy exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold.

From 2018 to 2022, the average annual rate of growth in terms of volume to Italy totaled X.0%.

In value terms, Italy ($X) emerged as the key foreign market for cobalt oxides and hydroxides and commercial cobalt oxides exports from Ireland, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

From 2018 to 2022, the average annual growth rate of value to Italy stood at X.4%.

Export Prices by Country

In 2022, the average cobalt oxides and hydroxides export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted remarkably in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Imports into Ireland

In 2022, supplies from abroad of cobalt oxides and hydroxides and commercial cobalt oxides was finally on the rise to reach X kg after two years of decline. In general, imports saw a modest increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, cobalt oxides and hydroxides imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X kg) constituted the largest cobalt oxides and hydroxides supplier to Ireland, with a X% share of total imports. Moreover, cobalt oxides and hydroxides imports from the UK exceeded the figures recorded by the second-largest supplier, Belgium (X kg), twofold. The third position in this ranking was held by Australia (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Australia (X% per year).

In value terms, the UK ($X) constituted the largest supplier of cobalt oxides and hydroxides and commercial cobalt oxides to Ireland, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

Import Prices by Country

The average cobalt oxides and hydroxides import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 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 Germany ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :