Price for Cobalt Ores and Concentrates in Malaysia - 2021

Contents:

1. Price for Cobalt Ores and Concentrates in Malaysia (CIF) - 2022
2. Price for Cobalt Ores and Concentrates in Malaysia (FOB) - 2022
3. Imports of Cobalt Ores and Concentrates in Malaysia
4. Exports of Cobalt Ores and Concentrates in Malaysia

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

In 2022, the average cobalt ores and concentrates import price amounted to $12,871 per ton, reducing by -37.6% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. The import price peaked at $101,076 per ton in 2012; however, from 2013 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 ($137,584 per ton), while the price for Japan ($12,634 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.3%), while the prices for the other major suppliers experienced a decline.

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

In 2020, the average cobalt ores and concentrates export price amounted to $4,241 per ton, waning by -8.8% against the previous year. In general, the export price showed a deep downturn. The export price peaked at $17,863 per ton in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Ireland amounted to 0.0% per year.

Imports of Cobalt Ores and Concentrates in Malaysia

In 2022, approx. 23 tons of cobalt ores and concentrateses were imported into Malaysia; with a decrease of -11.1% against 2021 figures. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 939% against the previous year. As a result, imports reached the peak of 25 tons, and then declined in the following year.

In value terms, cobalt ores and concentrates imports contracted markedly to $292K in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 811%. As a result, imports reached the peak of $525K, and then contracted rapidly in the following year.

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

1. Belgium (1.5 tons)
2. Australia (1.4 tons)
3. Japan (1.2 tons)
4. United States (0.8 tons)

Exports of Cobalt Ores and Concentrates in Malaysia

In 2020, the amount of cobalt ores and concentrateses exported from Malaysia shrank to 188 tons, waning by -11% against the previous year's figure. Over the period under review, exports showed a deep downturn.

In value terms, cobalt ores and concentrates exports contracted dramatically to $799K in 2020. Overall, exports faced a abrupt downturn.

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

1. Ireland (94.2 tons)

Source: IndexBox Market Intelligence Platform