Price for Cobalt Ores and Concentrates in Qatar - 2022

Contents:

1. Price for Cobalt Ores and Concentrates in Qatar (CIF) - 2022
2. Imports of Cobalt Ores and Concentrates in Qatar

Price for Cobalt Ores and Concentrates in Qatar (CIF) - 2022

The average cobalt ores and concentrates import price stood at $13,000 per ton in 2022, with an increase of 8.3% against the previous year. In general, the import price saw notable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50%. The import price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +699.0% per year.

Imports of Cobalt Ores and Concentrates in Qatar

In 2022, overseas purchases of cobalt ores and concentrateses decreased by -33.3% to 2 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 363% against the previous year. As a result, imports attained the peak of 10 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cobalt ores and concentrates imports fell markedly to $26 in 2022. In general, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 397%. As a result, imports attained the peak of $80K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Cobalt Ores and Concentrates to Qatar in 2022:

1. United Kingdom (2.0 kg)

Source: IndexBox Market Intelligence Platform