Price for Cobalt; Waste and Scrap in Spain - 2023

Contents:

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

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

In 2022, the average cobalt; waste and scrap export price amounted to $12,525 per ton, growing by 54% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 239%. As a result, the export price attained the peak level of $16,262 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18,093 per ton), while the average price for exports to Qatar ($2,354 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.6%), while the prices for the other major destinations experienced a decline.

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

The average cobalt; waste and scrap import price stood at $24,270 per ton in 2022, jumping by 89% against the previous year. Overall, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 7,623% against the previous year. As a result, import price reached the peak level of $26,205 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,214 per ton), while the price for France ($7,298 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cobalt; Waste and Scrap in Spain

In 2022, after two years of decline, there was significant growth in overseas shipments of cobalt; waste and scraps, when their volume increased by 590% to 37 tons. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cobalt; waste and scrap exports surged to $462K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cobalt; Waste and Scrap in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1550%
GermanyN/A35.442.213293.1%
United StatesN/A25.5N/A74.570.9%
United Kingdom83.850.1N/A71.2-5.3%
France9.6N/AN/A28.744.1%
QatarN/AN/AN/A1.40%
AlbaniaN/AN/A1.4N/A0%
Others1.3N/AN/AN/A0%
Total94.711143.646269.6%

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

  1. Netherlands (13.8 tons)
  2. Germany (7.6 tons)
  3. United Kingdom (6.2 tons)
  4. France (4.6 tons)
  5. United States (4.1 tons)
  6. Qatar (0.6 tons)

Imports of Cobalt; Waste and Scrap in Spain

In 2022, approx. 4.7 tons of cobalt; waste and scraps were imported into Spain; picking up by 487% on the previous year. In general, imports continue to indicate significant growth.

In value terms, cobalt; waste and scrap imports surged to $115K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cobalt; Waste and Scrap in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A14.66.4103165.6%
Italy15.81.14.010.4-13.0%
France0.20.3N/A1.491.3%
United Kingdom18.1N/AN/AN/A0%
Saudi ArabiaN/A16.1N/AN/A0%
United StatesN/A55.6N/AN/A0%
Others0.2N/AN/AN/A0%
Total34.487.710.311549.5%

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

  1. Germany (3.9 tons)
  2. Italy (0.6 tons)
  3. France (0.2 tons)

Source: IndexBox Market Intelligence Platform

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