Price for Cobalt; Waste and Scrap in India - 2023
Contents:
- Price for Cobalt; Waste and Scrap in India (FOB) - 2023
- Price for Cobalt; Waste and Scrap in India (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in India
- Imports of Cobalt; Waste and Scrap in India
Price for Cobalt; Waste and Scrap in India (FOB) - 2023
The average cobalt; waste and scrap export price stood at $45,134 per ton in July 2023, surging by 3.5% against the previous month. In general, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in June 2023 an increase of 155% against the previous month. The export price peaked in July 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to July 2023, the rate of growth in terms of prices for South Korea amounted to +178.6% per month.
Price for Cobalt; Waste and Scrap in India (CIF) - 2022
The average cobalt; waste and scrap import price stood at $20,414 per ton in 2022, with an increase of 21% against the previous year. In general, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2018 an increase of 188%. Over the period under review, average import prices attained the peak figure at $33,122 per ton in 2019; however, from 2020 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 the Netherlands ($198,727 per ton), while the price for Japan ($7,483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+107.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cobalt; Waste and Scrap in India
In 2022, exports of cobalt; waste and scraps from India soared to 478 tons, growing by 2,320% against the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cobalt; waste and scrap exports soared to $5.2M in 2022. Over the period under review, exports showed a significant increase. 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 1,489 | 0% |
| Belgium | N/A | N/A | 115 | 1,390 | 1108.7% |
| South Korea | N/A | N/A | N/A | 890 | 0% |
| Japan | 57.5 | 59.6 | 136 | 430 | 95.6% |
| United States | 2.0 | 3.0 | 8.1 | 412 | 490.6% |
| United Kingdom | 34.5 | 29.8 | 33.4 | 406 | 127.5% |
| Others | 78.3 | 36.2 | 82.6 | 142 | 21.9% |
| Total | 172 | 129 | 375 | 5,160 | 210.7% |
Top Export Markets for Cobalt; Waste and Scrap from India in 2022:
- Malaysia (210.5 tons)
- South Korea (143.7 tons)
- Japan (60.2 tons)
- Belgium (32.5 tons)
- United Kingdom (14.2 tons)
- United States (9.9 tons)
Imports of Cobalt; Waste and Scrap in India
In 2022, after two years of decline, there was significant growth in supplies from abroad of cobalt; waste and scraps, when their volume increased by 169% to 5.4 tons. In general, imports, however, recorded a abrupt decrease.
In value terms, cobalt; waste and scrap imports skyrocketed to $110K in 2022. Over the period under review, imports, however, recorded a significant decline.
| Import of Cobalt; Waste and Scrap in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 145 | 87.7 | 9.5 | 24.9 | -44.4% |
| Japan | 2.2 | 15.3 | 3.1 | 19.7 | 107.7% |
| Belgium | N/A | 8.8 | 2.1 | 7.8 | -5.9% |
| United States | 47.8 | 15.7 | 0.4 | 1.0 | -72.4% |
| Others | 143 | 58.7 | 18.8 | 56.6 | -26.6% |
| Total | 339 | 186 | 33.8 | 110 | -31.3% |
Top Suppliers of Cobalt; Waste and Scrap to India in 2022:
- United States (undefined tons)
- Japan (2.6 tons)
- Belgium (0.3 tons)
- United Kingdom (0.2 tons)
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