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Hong Kong SAR, China - Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cobalt Oxides and Hydroxides in Hong Kong SAR - 2023
Contents:
- Price for Cobalt Oxides and Hydroxides in Hong Kong SAR (FOB) - 2022
- Price for Cobalt Oxides and Hydroxides in Hong Kong SAR (CIF) - 2022
- Exports of Cobalt Oxides and Hydroxides in Hong Kong SAR
- Imports of Cobalt Oxides and Hydroxides in Hong Kong SAR
Price for Cobalt Oxides and Hydroxides in Hong Kong SAR (FOB) - 2022
The average cobalt oxides and hydroxides export price stood at $32,766 per ton in 2022, dropping by -2.4% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 133% against the previous year. The export price peaked at $37,501 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
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 +6.5% per year.
Price for Cobalt Oxides and Hydroxides in Hong Kong SAR (CIF) - 2022
In 2022, the average cobalt oxides and hydroxides import price amounted to $49,447 per ton, increasing by 35% against the previous year. In general, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 91%. As a result, import price reached the peak level of $49,799 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($58,614 per ton), while the price for Japan ($39,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cobalt Oxides and Hydroxides in Hong Kong SAR
In 2022, shipments abroad of cobalt oxides and hydroxides and commercial cobalt oxides decreased by -86.7% to 14 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 1.5%. As a result, the exports reached the peak of 112 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cobalt oxides and hydroxides exports reduced notably to $461K in 2022. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year.
Export of Cobalt Oxides and Hydroxides in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.4 | 2.4 | 3.3 | 0.5 | -40.7% |
Nigeria | 0.8 | N/A | N/A | N/A | 0% |
United States | 0.9 | 0.2 | 0.2 | N/A | -52.9% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 4.1 | 2.6 | 3.6 | 0.5 | -50.4% |
Top Export Markets for Cobalt Oxides and Hydroxides from Hong Kong SAR in 2022:
- China (14.1 tons)
Imports of Cobalt Oxides and Hydroxides in Hong Kong SAR
In 2022, supplies from abroad of cobalt oxides and hydroxides and commercial cobalt oxides decreased by -23.5% to 71 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a deep setback. The growth pace was the most rapid in 2020 when imports increased by 8% against the previous year. As a result, imports attained the peak of 114 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cobalt oxides and hydroxides imports stood at $3.5M in 2022. Over the period under review, imports recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 26%.
Import of Cobalt Oxides and Hydroxides in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.8 | 2.6 | 3.1 | 3.4 | -3.6% |
Belgium | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
South Korea | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.8 | 2.7 | 3.4 | 3.5 | -2.7% |
Top Suppliers of Cobalt Oxides and Hydroxides to Hong Kong SAR in 2022:
- China (68.7 tons)
- Belgium (1.6 tons)
This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20121930 - Cobalt oxides and hydroxides, commercial cobalt oxides
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for cobalt oxides and hydroxides.
This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for cobalt oxides and hydroxides.
In value terms, cobalt oxides and hydroxides imports amounted to $X in 2016. Overall, cobalt oxides and hydroxides imports continue to indicate a noticeable slump. In that year, global cobalt oxide...
In value terms, cobalt oxides and hydroxides exports totaled $X in 2016. Overall, cobalt oxides and hydroxides exports continue to indicate a mild contraction. Global cobalt oxides and hydroxides e...
In value terms, cobalt oxides and hydroxides imports amounted to $X in 2016. Overall, cobalt oxides and hydroxides imports continue to indicate a noticeable slump. In that year, global cobalt oxide...
In value terms, cobalt oxides and hydroxides exports totaled $X in 2016. Overall, cobalt oxides and hydroxides exports continue to indicate a mild contraction. Global cobalt oxides and hydroxides e...