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

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

The Scandinavia cobalt oxides and hydroxides market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed a strong expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

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

In value terms, cobalt oxides and hydroxides production reduced slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs 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 in Scandinavia

In 2022, exports of cobalt oxides and hydroxides and commercial cobalt oxides in Scandinavia skyrocketed to X kg, increasing by X% compared with 2021. Over the period under review, exports, however, faced a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, cobalt oxides and hydroxides exports skyrocketed to $X in 2022. In general, exports, however, recorded a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden prevails in exports structure, recording X kg, which was near X% of total exports in 2022. It was distantly followed by Norway (X kg), generating a X% share of total exports.

Sweden was also the fastest-growing in terms of the cobalt oxides and hydroxides and commercial cobalt oxides exports, with a CAGR of X% from 2012 to 2022. Norway (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) and Norway (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest cobalt oxides and hydroxides supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden amounted to X%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X,000 per ton), while Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%).

Imports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Imports in Scandinavia

After two years of growth, supplies from abroad of cobalt oxides and hydroxides and commercial cobalt oxides decreased by X% to X tons in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cobalt oxides and hydroxides imports contracted dramatically to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Sweden dominates imports structure, amounting to X tons, which was near X% of total imports in 2022. Norway (X kg) held a little share of total imports.

Sweden was also the fastest-growing in terms of the cobalt oxides and hydroxides and commercial cobalt oxides imports, with a CAGR of X% from 2012 to 2022. Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, Sweden ($X) constitutes the largest market for imported cobalt oxides and hydroxides and commercial cobalt oxides in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, cobalt oxides and hydroxides imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price recorded a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%).

Source: IndexBox Platform

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