Price for Cobalt Ores and Concentrates in Russia - 2022

Contents:

1. Price for Cobalt Ores and Concentrates in Russia (CIF) - 2022
2. Price for Cobalt Ores and Concentrates in Russia (FOB) - 2022
3. Imports of Cobalt Ores and Concentrates in Russia
4. Exports of Cobalt Ores and Concentrates in Russia

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

The average cobalt ores and concentrates import price stood at $45,139 per ton in 2022, surging by 74% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $52,711 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Morocco amounted to -42.9% per year.

Price for Cobalt Ores and Concentrates in Russia (FOB) - 2022

The average cobalt ores and concentrates export price stood at $15,509 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded prominent growth. The growth pace was the most rapid in 2014 an increase of 20% against the previous year. The export price peaked at $15,509 per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +3.4% per year.

Imports of Cobalt Ores and Concentrates in Russia

Cobalt ores and concentrates imports into Russia skyrocketed to 280 kg in 2022, rising by 775% on the year before. Overall, imports, however, faced a dramatic curtailment.

In value terms, cobalt ores and concentrates imports soared to $13K in 2022. In general, imports, however, saw a precipitous curtailment.

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

1. Morocco (280.0 kg)

Exports of Cobalt Ores and Concentrates in Russia

Cobalt ores and concentrates exports from Russia amounted to 29 tons in 2022, leveling off at the year before. Over the period under review, exports recorded a precipitous decline. The smallest decline of -9.3% was in 2020.

In value terms, cobalt ores and concentrates exports amounted to $450K in 2022. Overall, exports recorded a precipitous contraction. The smallest decline of -4.9% was in 2020.

Top Export Markets for Cobalt Ores and Concentrates from Russia in 2022:

1. United States (29.0 tons)

Source: IndexBox Market Intelligence Platform