Price for Cobalt; Waste and Scrap in Mexico - 2024
Contents:
- Price for Cobalt; Waste and Scrap in Mexico (FOB) - 2022
- Exports of Cobalt; Waste and Scrap in Mexico
Price for Cobalt; Waste and Scrap in Mexico (FOB) - 2022
In 2022, the average cobalt; waste and scrap export price amounted to $12,116 per ton, standing approx. at the previous year. Over the period under review, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2021 an increase of 74% against the previous year. The export price peaked at $23,877 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($14,248 per ton), while the average price for exports to the United States amounted to $11,820 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+64.4%), while the prices for the other major destinations experienced a decline.
Exports of Cobalt; Waste and Scrap in Mexico
In 2022, shipments abroad of cobalt; waste and scraps decreased by -22% to 6.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 117%.
In value terms, cobalt; waste and scrap exports reduced remarkably to $80K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 156%. As a result, the exports attained the peak of $102K, and then contracted remarkably in the following year.
| Export of Cobalt; Waste and Scrap in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.3 | 30.4 | 64.8 | 68.2 | 47.4% |
| Germany | 6.4 | 9.2 | 2.7 | 11.4 | 21.2% |
| Belgium | N/A | 0.1 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 34.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 27.7 | 39.8 | 102 | 79.6 | 42.2% |
Top Export Markets for Cobalt; Waste and Scrap from Mexico in 2022:
- United States (5.8 tons)
- Germany (0.8 tons)
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