Price for Cobalt; Waste and Scrap in Pakistan - 2022
Contents:
- Price for Cobalt; Waste and Scrap in Pakistan (FOB) - 2022
- Exports of Cobalt; Waste and Scrap in Pakistan
Price for Cobalt; Waste and Scrap in Pakistan (FOB) - 2022
The average cobalt; waste and scrap export price stood at $13,644 per ton in 2022, surging by 4.2% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 65%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($14,649 per ton), while the average price for exports to Germany totaled $9,081 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+19.0%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Cobalt; Waste and Scrap in Pakistan
In 2022, exports of cobalt; waste and scraps from Pakistan surged to 205 kg, with an increase of 44% against 2021 figures. In general, exports, however, showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 82%.
In value terms, cobalt; waste and scrap exports soared to $2.8K in 2022. Overall, exports, however, recorded a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 102% against the previous year.
| Export of Cobalt; Waste and Scrap in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.8 | 0.9 | 1.7 | 2.5 | -28.4% |
| Germany | 1.1 | N/A | 0.2 | 0.3 | -35.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 0.9 | 1.9 | 2.8 | -29.2% |
Top Export Markets for Cobalt; Waste and Scrap from Pakistan in 2022:
- United Kingdom (168.0 kg)
- Germany (37.0 kg)
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