Price for Cobalt; Waste and Scrap in Norway - 2022

Contents:

  1. Price for Cobalt; Waste and Scrap in Norway (FOB) - 2022
  2. Price for Cobalt; Waste and Scrap in Norway (CIF) - 2022
  3. Exports of Cobalt; Waste and Scrap in Norway
  4. Imports of Cobalt; Waste and Scrap in Norway

Price for Cobalt; Waste and Scrap in Norway (FOB) - 2022

The average cobalt; waste and scrap export price stood at $26,962 per ton in 2022, growing by 9.6% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth appeared the most rapid in 2019 an increase of 39% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($27,255 per ton), while the average price for exports to Sweden stood at $12,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cobalt; Waste and Scrap in Norway (CIF) - 2022

The average cobalt; waste and scrap import price stood at $120,826 per ton in 2020, with an increase of 51% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United Arab Emirates ($347,333 per ton), while the price for the United States stood at $86,850 per ton.

From 2016 to 2020, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cobalt; Waste and Scrap in Norway

Cobalt; waste and scrap exports from Norway contracted notably to 52 kg in 2022, dropping by -18.8% compared with the previous year's figure. Overall, exports saw a abrupt setback.

In value terms, cobalt; waste and scrap exports declined to $1.4K in 2022. In general, exports recorded a abrupt setback.

Export of Cobalt; Waste and Scrap in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,9481,7431,5571,390-10.6%
Sweden41.027.018.012.0-33.6%
OthersN/AN/AN/AN/A0%
Total1,9891,7701,5751,402-11.0%

Top Export Markets for Cobalt; Waste and Scrap from Norway in 2022:

  1. Germany (51.0 kg)
  2. Sweden (1.0 kg)

Imports of Cobalt; Waste and Scrap in Norway

Cobalt; waste and scrap imports into Norway skyrocketed to 23 kg in 2020, with an increase of 64% against the previous year. In general, total imports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +64.3% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt; waste and scrap imports surged to $2.8K in 2020. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cobalt; Waste and Scrap in Norway (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United StatesN/A1.70%
United Arab EmiratesN/A1.00%
Germany1.1N/A0%
OthersN/AN/A0%
Total1.12.8154.5%

Top Suppliers of Cobalt; Waste and Scrap to Norway in 2022:

  1. United States (20.0 kg)
  2. United Arab Emirates (3.0 kg)

Source: IndexBox Market Intelligence Platform

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