Price for Cobalt; Waste and Scrap in Iran - 2022
Contents:
Price for Cobalt; Waste and Scrap in Iran (FOB) - 2022
In 2022, the average cobalt; waste and scrap export price amounted to $3,961 per ton, with a decrease of -5.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. Over the period under review, the average export prices hit record highs at $8,994 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -7.9% per year.
Exports of Cobalt; Waste and Scrap in Iran
In 2022, approx. 1.2 tons of cobalt; waste and scraps were exported from Iran; with an increase of 2% against 2021. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 2.1%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, cobalt; waste and scrap exports declined slightly to $4.8K in 2022. Overall, exports, however, recorded a pronounced setback. The smallest decline of -4% was in 2020.
| Export of Cobalt; Waste and Scrap in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 5.3 | 5.1 | 4.8 | -4.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.5 | 5.3 | 5.1 | 4.8 | -4.4% |
Top Export Markets for Cobalt; Waste and Scrap from Iran in 2022:
- Germany (1.2 tons)
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