Price for Cobalt Ores and Concentrates in the Czech Republic - 2023

Price for Cobalt Ores and Concentrates in the Czech Republic (CIF) - 2022

In 2022, the average cobalt ores and concentrates import price amounted to $30,445 per ton, waning by -32.2% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $83,814 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($85,480 per ton), while the price for the UK stood at $24,361 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+1.1%), while the prices for the other major suppliers experienced a decline.

Imports of Cobalt Ores and Concentrates in the Czech Republic

In 2022, approx. 2 tons of cobalt ores and concentrateses were imported into the Czech Republic; rising by 205% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt ores and concentrates imports skyrocketed to $61K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.