Price for Cobalt; Waste and Scrap in Germany - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Germany (FOB) - 2022
- Price for Cobalt; Waste and Scrap in Germany (CIF) - 2023
- Exports of Cobalt; Waste and Scrap in Germany
- Imports of Cobalt; Waste and Scrap in Germany
Price for Cobalt; Waste and Scrap in Germany (FOB) - 2022
The average cobalt; waste and scrap export price stood at $17,618 per ton in 2022, jumping by 34% against the previous year. In general, the export price showed temperate growth. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($30,140 per ton), while the average price for exports to Spain ($8,561 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cobalt; Waste and Scrap in Germany (CIF) - 2023
The average cobalt; waste and scrap import price stood at $5,877 per ton in July 2023, falling by -20% against the previous month. In general, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 131% against the previous month. The import price peaked at $14,514 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($14,755 per ton), while the price for Austria ($3,479 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cobalt; Waste and Scrap in Germany
For the third year in a row, Germany recorded decline in shipments abroad of cobalt; waste and scraps, which decreased by -19.5% to 427 tons in 2022. Over the period under review, exports recorded a sharp contraction.
In value terms, cobalt; waste and scrap exports expanded notably to $7.5M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
Export of Cobalt; Waste and Scrap in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.5 | 1.8 | 2.8 | 2.9 | 79.7% |
United Kingdom | 2.1 | 0.9 | 3.1 | 2.5 | 6.0% |
Spain | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
Austria | N/A | 0.2 | 0.2 | 0.5 | 58.1% |
United States | N/A | N/A | 0.4 | 0.3 | -25.0% |
Italy | N/A | N/A | 0.1 | 0.3 | 200.0% |
Canada | 6.0 | 2.7 | N/A | 0.2 | -67.8% |
Others | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
Total | 9.0 | 6.0 | 7.0 | 7.5 | -5.9% |
Top Export Markets for Cobalt; Waste and Scrap from Germany in 2022:
- United Kingdom (116.5 tons)
- France (94.6 tons)
- Spain (77.0 tons)
- Austria (51.2 tons)
- Italy (32.2 tons)
- United States (29.3 tons)
- Canada (14.0 tons)
Imports of Cobalt; Waste and Scrap in Germany
In 2022, the amount of cobalt; waste and scraps imported into Germany soared to 672 tons, picking up by 39% compared with the year before. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 66%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, cobalt; waste and scrap imports surged to $6.1M in 2022. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Cobalt; Waste and Scrap in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 334 | 255 | 514 | 1,220 | 54.0% |
Canada | N/A | 213 | 189 | 669 | 77.2% |
United States | 53.4 | 1.2 | 64.8 | 603 | 124.3% |
United Kingdom | 512 | 201 | 758 | 568 | 3.5% |
Switzerland | 462 | 294 | 173 | 480 | 1.3% |
Italy | 145 | 29.6 | 300 | 417 | 42.2% |
France | 70.2 | 99.9 | 182 | 384 | 76.2% |
Spain | N/A | 17.1 | 69.1 | 360 | 358.8% |
Poland | 31.4 | 34.8 | 112 | 292 | 110.3% |
Austria | 248 | 130 | 510 | 240 | -1.1% |
Sweden | 182 | 9.2 | 34.8 | 37.5 | -40.9% |
Russia | 283 | 358 | 699 | N/A | 57.2% |
Others | 1,341 | 595 | 780 | 826 | -14.9% |
Total | 3,662 | 2,236 | 4,386 | 6,098 | 18.5% |
Top Suppliers of Cobalt; Waste and Scrap to Germany in 2022:
- Netherlands (165.4 tons)
- Italy (91.8 tons)
- Poland (78.5 tons)
- Spain (50.0 tons)
- Switzerland (45.0 tons)
- United States (39.3 tons)
- Canada (38.6 tons)
- France (33.7 tons)
- United Kingdom (29.2 tons)
- Austria (15.8 tons)
- Sweden (3.0 tons)
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