Price for Cobalt; Waste and Scrap in Israel - 2022

Contents:

  1. Price for Cobalt; Waste and Scrap in Israel (CIF) - 2022
  2. Price for Cobalt; Waste and Scrap in Israel (FOB) - 2022
  3. Imports of Cobalt; Waste and Scrap in Israel
  4. Exports of Cobalt; Waste and Scrap in Israel

Price for Cobalt; Waste and Scrap in Israel (CIF) - 2022

The average cobalt; waste and scrap import price stood at $16,148 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2019 an increase of 0.4%. The import price peaked at $22,181 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.1% per year.

Price for Cobalt; Waste and Scrap in Israel (FOB) - 2022

The average cobalt; waste and scrap export price stood at $14,861 per ton in 2022, jumping by 36% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. The export price peaked at $22,652 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($32,432 per ton), while the average price for exports to the Netherlands ($12,218 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 Germany (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cobalt; Waste and Scrap in Israel

After three years of growth, supplies from abroad of cobalt; waste and scraps decreased by -2.2% to 182 kg in 2022. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 3.9%. As a result, imports reached the peak of 186 kg, and then contracted in the following year.

In value terms, cobalt; waste and scrap imports shrank modestly to $2.9K in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2% against the previous year. As a result, imports attained the peak of $3K, and then contracted in the following year.

Import of Cobalt; Waste and Scrap in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.82.91.32.91.2%
RussiaN/AN/A1.7N/A0%
OthersN/AN/AN/AN/A0%
Total2.82.93.02.91.2%

Top Suppliers of Cobalt; Waste and Scrap to Israel in 2022:

  1. United States (182.0 kg)

Exports of Cobalt; Waste and Scrap in Israel

In 2022, shipments abroad of cobalt; waste and scraps increased by 184% to 2.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp decline.

In value terms, cobalt; waste and scrap exports skyrocketed to $31K in 2022. Overall, exports, however, saw a precipitous setback.

Export of Cobalt; Waste and Scrap in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.219.24.911.8-26.1%
NetherlandsN/AN/AN/A5.50%
Germany8.36.41.95.5-12.8%
United Kingdom10328.31.22.7-70.3%
OthersN/AN/AN/A5.50%
Total14053.98.031.0-39.5%

Top Export Markets for Cobalt; Waste and Scrap from Israel in 2022:

  1. United States (865.0 kg)
  2. Netherlands (449.0 kg)
  3. Germany (169.0 kg)
  4. United Kingdom (151.0 kg)

Source: IndexBox Market Intelligence Platform

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