Price for Cobalt; Waste and Scrap in Australia - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Australia (FOB) - 2022
- Exports of Cobalt; Waste and Scrap in Australia
Price for Cobalt; Waste and Scrap in Australia (FOB) - 2022
In 2022, the average cobalt; waste and scrap export price amounted to $9,177 per ton, reducing by -8.9% against the previous year. Over the period under review, the export price, however, saw a mild increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 79%. The export price peaked at $17,881 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +2.0% per year.
Exports of Cobalt; Waste and Scrap in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of cobalt; waste and scraps, when their volume decreased by -87.8% to 4.2 tons. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,825%.
In value terms, cobalt; waste and scrap exports dropped significantly to $39K in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,954% against the previous year.
| Export of Cobalt; Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.2 | 150 | 123 | 38.9 | 84.4% |
| Germany | 1.9 | 28.9 | 30.8 | N/A | 302.6% |
| Malaysia | 0.6 | 0.6 | 5.0 | N/A | 188.7% |
| Singapore | N/A | N/A | 96.1 | N/A | 0% |
| Others | N/A | N/A | 95.5 | N/A | 0% |
| Total | 8.7 | 179 | 350 | 38.9 | 64.7% |
Top Export Markets for Cobalt; Waste and Scrap from Australia in 2022:
- United Kingdom (4.2 tons)
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