Price for Cobalt; Waste and Scrap in Kazakhstan - 2022
Contents:
- Price for Cobalt; Waste and Scrap in Kazakhstan (FOB) - 2022
- Exports of Cobalt; Waste and Scrap in Kazakhstan
Price for Cobalt; Waste and Scrap in Kazakhstan (FOB) - 2022
The average cobalt; waste and scrap export price stood at $8,509 per ton in 2022, standing approx. at the previous year. Overall, the export price saw a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 +5.8% per year.
Exports of Cobalt; Waste and Scrap in Kazakhstan
In 2022, after three years of growth, there was significant decline in shipments abroad of cobalt; waste and scraps, when their volume decreased by -36.8% to 1.4 tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 106% against the previous year. As a result, the exports reached the peak of 2.1 tons, and then declined remarkably in the following year.
In value terms, cobalt; waste and scrap exports shrank dramatically to $12K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 152%.
Export of Cobalt; Waste and Scrap in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.9 | 7.2 | 18.2 | 11.5 | 58.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.9 | 7.2 | 18.2 | 11.5 | 58.3% |
Top Export Markets for Cobalt; Waste and Scrap from Kazakhstan in 2022:
- Germany (1.4 tons)
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