Price for Cobalt; Waste and Scrap in Switzerland - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Switzerland (FOB) - 2022
- Price for Cobalt; Waste and Scrap in Switzerland (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in Switzerland
- Imports of Cobalt; Waste and Scrap in Switzerland
Price for Cobalt; Waste and Scrap in Switzerland (FOB) - 2022
The average cobalt; waste and scrap export price stood at $10,600 per ton in 2022, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 48%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($23,224 per ton), while the average price for exports to the United States ($1,560 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 UK (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cobalt; Waste and Scrap in Switzerland (CIF) - 2022
The average cobalt; waste and scrap import price stood at $14,263 per ton in 2022, jumping by 56% against the previous year. Over the period under review, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,759%. The import price peaked at $62,252 per ton in 2014; however, from 2015 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 Italy.
From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to +50.1% per year.
Exports of Cobalt; Waste and Scrap in Switzerland
In 2022, cobalt; waste and scrap exports from Switzerland shrank notably to 59 tons, falling by -24% compared with the year before. Over the period under review, exports, however, posted a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, the exports attained the peak of 78 tons, and then contracted significantly in the following year.
In value terms, cobalt; waste and scrap exports declined to $627K in 2022. In general, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 190%. As a result, the exports reached the peak of $691K, and then shrank in the following year.
| Export of Cobalt; Waste and Scrap in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 198 | 48.9 | 155 | 332 | 18.8% |
| United Kingdom | 193 | 146 | 432 | 254 | 9.6% |
| United States | 5.6 | 10.3 | 4.3 | 17.9 | 47.3% |
| Austria | 38.9 | 26.0 | 21.9 | 14.6 | -27.9% |
| France | 11.2 | 3.6 | 21.8 | 8.7 | -8.1% |
| South Korea | N/A | N/A | 33.8 | N/A | 0% |
| Czech Republic | 10.6 | 3.0 | 22.7 | N/A | 46.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 458 | 238 | 691 | 627 | 11.0% |
Top Export Markets for Cobalt; Waste and Scrap from Switzerland in 2022:
- Germany (30.5 tons)
- United States (11.5 tons)
- United Kingdom (10.9 tons)
- France (5.5 tons)
- Austria (0.7 tons)
Imports of Cobalt; Waste and Scrap in Switzerland
For the fourth year in a row, Switzerland recorded growth in purchases abroad of cobalt; waste and scraps, which increased by 39% to 11 tons in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 130% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, cobalt; waste and scrap imports soared to $150K in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 230% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Cobalt; Waste and Scrap in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 42.7 | 69.1 | 150 | 87.4% |
| France | 13.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.0 | 42.7 | 69.1 | 150 | 126.0% |
Top Suppliers of Cobalt; Waste and Scrap to Switzerland in 2022:
- Italy (10.5 tons)
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