Switzerland: Cobalt Market Overview 2020

Cobalt Market Size in Switzerland

The revenue of the cobalt market in Switzerland amounted to $X in 2017, growing by X% against the previous year. Overall, cobalt consumption continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Switzerland cobalt consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Cobalt Production in Switzerland

In 2017, the amount of cobalt produced in Switzerland stood at X kg, flattening at the previous year. Overall, cobalt production continues to indicate a relatively flat trend pattern.

Cobalt Exports from Switzerland

In 2017, the amount of cobalt exported from Switzerland stood at X tonnes, reducing by -X% against the previous year. Overall, cobalt exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when exports increased by X% against the previous year. Over the period under review, the cobalt exports attained its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, cobalt exports stood at $X in 2017. In general, cobalt exports continue to indicate a relatively flat trend pattern. Over the period under review, the cobalt exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cobalt Exports by Country from Switzerland

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 resulting 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, the largest cobalt markets worldwide were Canada ($X), Finland ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by China, Norway, Australia, Japan, Zambia, the UK, Belgium, Russia, South Korea and Switzerland, which together accounted for a further X%.

Japan (+X% per year) experienced the highest growth rate of 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 Switzerland

The cobalt export price in Switzerland stood at $X per kg in 2017, increasing by X% against the previous year. Overall, cobalt export price continues to indicate a slight increase. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% year-to-year. In that year, the export prices for cobalt reached their peak level of $X per kg. From 2015 to 2017, growth of the export prices for cobalt failed to regain its momentum.

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 into Switzerland

In 2017, approx. X tonnes of cobalt were imported into Switzerland; growing by X% against the previous year. In general, cobalt imports continue to indicate a deep curtailment. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. Switzerland imports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, cobalt imports stood at $X in 2017. Overall, cobalt imports continue to indicate a drastic drop. Over the period under review, the cobalt imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Cobalt Imports by Country into Switzerland

China prevails in 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. 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 ($X) constitutes the largest market for imported cobalt into Switzerland, making up X% of global imports. The second position in the ranking was occupied by Japan ($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 rate of growth in terms of value in China totaled +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 Switzerland

In 2017, the cobalt import price in Switzerland amounted to $X per kg, jumping by X% against the previous year. Overall, cobalt import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Switzerland import price peaked of $X per kg in 2012; however, from 2013 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