Price for Cobalt Ores and Concentrates in Cameroon - 2022

Contents:

1. Price for Cobalt Ores and Concentrates in Cameroon (FOB) - 2022
2. Exports of Cobalt Ores and Concentrates in Cameroon

Price for Cobalt Ores and Concentrates in Cameroon (FOB) - 2022

In 2022, the average cobalt ores and concentrates export price amounted to $4,052 per ton, shrinking by -20.6% against the previous year. In general, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price decreased by -10.8% against the previous year. Over the period under review, the average export prices attained the maximum at $14,344 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -11.9% per year.

Exports of Cobalt Ores and Concentrates in Cameroon

For the third year in a row, Cameroon recorded decline in shipments abroad of cobalt ores and concentrateses, which decreased by -9.7% to 540 kg in 2022. Overall, exports continue to indicate a abrupt setback. The smallest decline of -5% was in 2020.

In value terms, cobalt ores and concentrates exports dropped sharply to $2.2K in 2022. In general, exports continue to indicate a abrupt curtailment. The smallest decline of -15.3% was in 2021.

Top Export Markets for Cobalt Ores and Concentrates from Cameroon in 2022:

1. China (540.0 kg)

Source: IndexBox Market Intelligence Platform