Price for Cobalt Ores and Concentrates in Austria - 2022

Contents:

1. Price for Cobalt Ores and Concentrates in Austria (CIF) - 2022
2. Imports of Cobalt Ores and Concentrates in Austria

Price for Cobalt Ores and Concentrates in Austria (CIF) - 2022

The average cobalt ores and concentrates import price stood at $14,468 per ton in 2022, falling by -12.6% against the previous year. Over the period under review, the import price saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,995% against the previous year. As a result, import price reached the peak level of $548,000 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for Germany amounted to -17.9% per year.

Imports of Cobalt Ores and Concentrates in Austria

In 2022, cobalt ores and concentrates imports into Austria fell rapidly to 6.2 tons, which is down by -85.1% compared with the previous year. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 2,090,450%. As a result, imports reached the peak of 42 tons, and then fell markedly in the following year.

In value terms, cobalt ores and concentrates imports shrank notably to $90K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 63,063% against the previous year. As a result, imports reached the peak of $692K, and then dropped remarkably in the following year.

Top Suppliers of Cobalt Ores and Concentrates to Austria in 2022:

1. Germany (6.2 tons)

Source: IndexBox Market Intelligence Platform