Price for Cobalt Ores and Concentrates in Chile - 2022

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

In 2022, the average cobalt ores and concentrates import price amounted to $2,072 per ton, reducing by -89.1% against the previous year. In general, the import price continues to indicate a sharp decline. Over the period under review, average import prices reached the peak figure at $818,000 per ton in 2018; however, from 2019 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 Colombia.

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Cobalt Ores and Concentrates in Chile

In 2022, the amount of cobalt ores and concentrateses imported into Chile soared to 14 tons, picking up by 29,123% against the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cobalt ores and concentrates imports surged to $28K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.