Price for Cobalt; Waste and Scrap in Costa Rica - 2022

Contents:

  1. Price for Cobalt; Waste and Scrap in Costa Rica (FOB) - 2022
  2. Exports of Cobalt; Waste and Scrap in Costa Rica

Price for Cobalt; Waste and Scrap in Costa Rica (FOB) - 2022

The average cobalt; waste and scrap export price stood at $10,257 per ton in 2022, rising by 54% against the previous year. In general, export price indicated pronounced growth from 2019 to 2022: its price increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cobalt; waste and scrap export price increased by +74.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2022, the rate of growth in terms of prices for Canada amounted to +34.2% per year.

Exports of Cobalt; Waste and Scrap in Costa Rica

For the fourth year in a row, Costa Rica recorded growth in overseas shipments of cobalt; waste and scraps, which increased by 3.8% to 49 tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 90%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, cobalt; waste and scrap exports soared to $501K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cobalt; Waste and Scrap in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A102313446109.1%
United States15995.9N/AN/A-39.7%
Others0.1N/AN/A55.4721.3%
Total15919831350146.6%

Top Export Markets for Cobalt; Waste and Scrap from Costa Rica in 2022:

  1. Canada (42.1 tons)

Source: IndexBox Market Intelligence Platform

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