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Czech Republic - Cobalt - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCobalt Price in the Czech Republic - 2023
Contents:
- Cobalt Price in the Czech Republic (CIF) - 2022
- Cobalt Price in the Czech Republic (FOB) - 2022
- Cobalt Imports in the Czech Republic
- Cobalt Exports in the Czech Republic
Cobalt Price in the Czech Republic (CIF) - 2022
In 2022, the average cobalt import price amounted to $45,971 per ton, declining by -9.9% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cobalt import price decreased by -30.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58%. Over the period under review, average import prices attained the maximum at $65,687 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($238,869 per ton), while the price for Canada ($33,528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cobalt Price in the Czech Republic (FOB) - 2022
The average cobalt export price stood at $37,151 per ton in 2022, declining by -31.5% against the previous year. Overall, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 61%. The export price peaked at $60,826 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 Slovenia ($67,244 per ton), while the average price for exports to Germany ($31,398 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 China (+83.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cobalt Imports in the Czech Republic
In 2022, the amount of cobalt imported into the Czech Republic rose rapidly to 50 tons, surging by 6.9% on 2021. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year.
In value terms, cobalt imports dropped modestly to $2.3M in 2022. Overall, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 25%.
Import of Cobalt in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 690 | 695 | 796 | 1,192 | 20.0% |
Belgium | 42.3 | 253 | 115 | 547 | 134.7% |
United States | 619 | 563 | 522 | 241 | -27.0% |
Germany | 563 | 49.6 | 49.1 | 121 | -40.1% |
Italy | 36.8 | 55.5 | 37.4 | 92.0 | 35.7% |
Netherlands | N/A | 239 | 833 | 78.5 | -42.7% |
Canada | 524 | N/A | N/A | 17.5 | -67.8% |
Bulgaria | 482 | N/A | N/A | N/A | 0% |
Others | 135 | 54.0 | 38.3 | 14.5 | -52.5% |
Total | 3,092 | 1,909 | 2,391 | 2,304 | -9.3% |
Top Suppliers of Cobalt to the Czech Republic in 2022:
- United Kingdom (29.7 tons)
- Belgium (15.1 tons)
- Germany (1.3 tons)
- Italy (1.2 tons)
- United States (1.0 tons)
- Netherlands (1.0 tons)
- Canada (0.5 tons)
Cobalt Exports in the Czech Republic
In 2022, approx. 12 tons of cobalt were exported from the Czech Republic; with a decrease of -30% on the previous year. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 285%.
In value terms, cobalt exports fell markedly to $463K in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 410% against the previous year. As a result, the exports attained the peak of $966K, and then plummeted in the following year.
Export of Cobalt in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 158 | 39.4 | 589 | 274 | 20.1% |
Germany | 444 | 55.0 | N/A | 81.6 | -43.1% |
Finland | 69.4 | 49.6 | 4.8 | 66.0 | -1.7% |
Austria | 153 | N/A | 298 | 30.2 | -41.8% |
United Kingdom | N/A | 5.9 | 39.5 | N/A | 569.5% |
Italy | 13.6 | 33.9 | N/A | N/A | 149.3% |
Others | 34.3 | 5.7 | 34.9 | 11.3 | -30.9% |
Total | 872 | 189 | 966 | 463 | -19.0% |
Top Export Markets for Cobalt from the Czech Republic in 2022:
- France (7.7 tons)
- Germany (2.6 tons)
- Finland (1.1 tons)
- Austria (0.9 tons)
This report provides an in-depth analysis of the cobalt market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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