Price for Cobalt; Waste and Scrap in Estonia - 2022
Contents:
- Price for Cobalt; Waste and Scrap in Estonia (FOB) - 2022
- Price for Cobalt; Waste and Scrap in Estonia (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in Estonia
- Imports of Cobalt; Waste and Scrap in Estonia
Price for Cobalt; Waste and Scrap in Estonia (FOB) - 2022
The average cobalt; waste and scrap export price stood at $12,060 per ton in 2022, which is down by -14.6% against the previous year. In general, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 167%. As a result, the export price reached the peak level of $14,119 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($17,952 per ton), while the average price for exports to Germany stood at $6,425 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.4%).
Price for Cobalt; Waste and Scrap in Estonia (CIF) - 2022
In 2022, the average cobalt; waste and scrap import price amounted to $28,000 per ton, picking up by 53% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 78%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +32.1% per year.
Exports of Cobalt; Waste and Scrap in Estonia
In 2022, shipments abroad of cobalt; waste and scraps decreased by -78.1% to 9.7 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 23,697% against the previous year. As a result, the exports attained the peak of 45 tons, and then dropped significantly in the following year.
In value terms, cobalt; waste and scrap exports declined significantly to $117K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 63,496% against the previous year. As a result, the exports reached the peak of $628K, and then contracted dramatically in the following year.
| Export of Cobalt; Waste and Scrap in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 552 | 85.5 | -84.5% |
| Germany | 0.7 | 1.0 | 76.1 | 32.0 | 257.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.7 | 1.0 | 628 | 117 | 450.8% |
Top Export Markets for Cobalt; Waste and Scrap from Estonia in 2022:
- Germany (5.0 tons)
- United Kingdom (4.8 tons)
Imports of Cobalt; Waste and Scrap in Estonia
Cobalt; waste and scrap imports into Estonia declined sharply to 1 kg in 2022, falling by 99.9% compared with the previous year. Over the period under review, imports saw a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 95%. As a result, imports reached the peak of 8.1 tons, and then fell rapidly in the following year.
In value terms, cobalt; waste and scrap imports plummeted to $28 in 2022. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 247% against the previous year. As a result, imports reached the peak of $148K, and then shrank remarkably in the following year.
| Import of Cobalt; Waste and Scrap in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 62.4 | 42.6 | 42.8 | N/A | -17.2% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Belarus | N/A | N/A | 105 | N/A | 0% |
| Kyrgyzstan | 0.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 63.3 | 42.6 | 148 | N/A | 52.9% |
Top Suppliers of Cobalt; Waste and Scrap to Estonia in 2022:
- Netherlands (1.0 kg)
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