Price for Cobalt; Waste and Scrap in Sweden - 2023

Contents:

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

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

In 2022, the average cobalt; waste and scrap import price amounted to $29,137 per ton, rising by 23% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 47%. As a result, import price attained the peak level of $35,692 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($33,517 per ton), while the price for Finland ($4,114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average cobalt; waste and scrap export price stood at $4,116 per ton in 2022, with a decrease of -52.7% against the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2017 an increase of 157% against the previous year. As a result, the export price attained the peak level of $17,622 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,996 per ton), while the average price for exports to the Netherlands stood at $2,639 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.8%).

Imports of Cobalt; Waste and Scrap in Sweden

In 2022, overseas purchases of cobalt; waste and scraps decreased by -69.7% to 13 tons, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 140 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cobalt; waste and scrap imports shrank dramatically to $371K in 2022. In general, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 3.3% against the previous year. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cobalt; Waste and Scrap in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12090.635923525.1%
Germany15.917.5N/A134103.5%
Finland60.6N/A4.73.1-62.9%
Austria2,3023,256637N/A-47.4%
United Kingdom83884.2N/AN/A-90.0%
OthersN/AN/AN/AN/A0%
Total3,3373,4491,001371-51.9%

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

  1. France (7.0 tons)
  2. Germany (5.0 tons)
  3. Finland (0.7 tons)

Exports of Cobalt; Waste and Scrap in Sweden

In 2022, approx. 19 tons of cobalt; waste and scraps were exported from Sweden; growing by 226% against the previous year. Overall, exports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 376% against the previous year.

In value terms, cobalt; waste and scrap exports soared to $78K in 2022. Over the period under review, exports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 664%.

Export of Cobalt; Waste and Scrap in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A42.20%
Germany1706.650.836.0-40.4%
OthersN/AN/AN/A0.10%
Total1706.650.878.3-22.8%

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

  1. Netherlands (16.0 tons)
  2. Germany (3.0 tons)

Source: IndexBox Market Intelligence Platform

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