Price for Cobalt; Waste and Scrap in Ireland - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Ireland (FOB) - 2023
- Price for Cobalt; Waste and Scrap in Ireland (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in Ireland
- Imports of Cobalt; Waste and Scrap in Ireland
Price for Cobalt; Waste and Scrap in Ireland (FOB) - 2023
The average cobalt; waste and scrap export price stood at $5,003 per ton in July 2023, declining by -37.3% against the previous month. Overall, the export price showed a perceptible descent. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 92% against the previous month. As a result, the export price reached the peak level of $8,734 per ton. From February 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the UK ($60,155 per ton), while the average price for exports to the United States totaled $4,995 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+17.0%).
Price for Cobalt; Waste and Scrap in Ireland (CIF) - 2022
In 2022, the average cobalt; waste and scrap import price amounted to $29,987 per ton, with an increase of 34% against the previous year. Over the period under review, the import price saw a temperate increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($30,242 per ton), while the price for the United States totaled $15,575 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.7%).
Exports of Cobalt; Waste and Scrap in Ireland
In 2022, shipments abroad of cobalt; waste and scraps decreased by 0% to 604 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 106%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, cobalt; waste and scrap exports totaled $3.7M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Cobalt; Waste and Scrap in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.3 | 2.1 | N/A | 2.9 | 30.7% |
United Kingdom | N/A | N/A | N/A | 0.8 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.3 | 2.1 | N/A | 3.7 | 41.7% |
Top Export Markets for Cobalt; Waste and Scrap from Ireland in 2022:
- United States (522.5 tons)
- United Kingdom (80.1 tons)
Imports of Cobalt; Waste and Scrap in Ireland
After three years of growth, overseas purchases of cobalt; waste and scraps decreased by -74% to 7.3 tons in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 10,275%. As a result, imports attained the peak of 28 tons, and then shrank sharply in the following year.
In value terms, cobalt; waste and scrap imports fell sharply to $220K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 14,265%. As a result, imports reached the peak of $631K, and then fell dramatically in the following year.
Import of Cobalt; Waste and Scrap in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.7 | 4.4 | 631 | 218 | 404.3% |
United States | 0.1 | N/A | N/A | 2.0 | 171.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.8 | 4.4 | 631 | 220 | 396.3% |
Top Suppliers of Cobalt; Waste and Scrap to Ireland in 2022:
- United Kingdom (7.2 tons)
- United States (0.1 tons)
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