Price for Cobalt; Waste and Scrap in Finland - 2023
Contents:
- Price for Cobalt; Waste and Scrap in Finland (FOB) - 2022
- Price for Cobalt; Waste and Scrap in Finland (CIF) - 2022
- Exports of Cobalt; Waste and Scrap in Finland
- Imports of Cobalt; Waste and Scrap in Finland
Price for Cobalt; Waste and Scrap in Finland (FOB) - 2022
In 2022, the average cobalt; waste and scrap export price amounted to $9,190 per ton, shrinking by -46.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 166% against the previous year. Over the period under review, the average export prices attained the maximum at $34,859 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($14,149 per ton), while the average price for exports to the UK amounted to $7,653 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.9%), while the prices for the other major destinations experienced a decline.
Price for Cobalt; Waste and Scrap in Finland (CIF) - 2022
The average cobalt; waste and scrap import price stood at $5,280 per ton in 2022, picking up by 4.1% against the previous year. In general, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 when the average import price increased by 79% against the previous year. The import price peaked at $9,128 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +50.1% per year.
Exports of Cobalt; Waste and Scrap in Finland
In 2022, approx. 3.9 tons of cobalt; waste and scraps were exported from Finland; shrinking by -92.8% compared with 2021 figures. In general, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 15%.
In value terms, cobalt; waste and scrap exports contracted sharply to $36K in 2022. Over the period under review, exports showed a precipitous setback. The smallest decline of -43.1% was in 2021.
| Export of Cobalt; Waste and Scrap in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 875 | 1.4 | 44.0 | 22.8 | -70.4% |
| Germany | N/A | N/A | 0.4 | 13.0 | 3150.0% |
| Sweden | 2,696 | 1,634 | 887 | N/A | -42.6% |
| Others | N/A | 2.2 | N/A | N/A | 0% |
| Total | 3,571 | 1,638 | 931 | 35.8 | -78.4% |
Top Export Markets for Cobalt; Waste and Scrap from Finland in 2022:
- United Kingdom (3.0 tons)
- Germany (0.9 tons)
Imports of Cobalt; Waste and Scrap in Finland
Cobalt; waste and scrap imports into Finland soared to 103 tons in 2022, rising by 182% on 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 253%. As a result, imports reached the peak of 367 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cobalt; waste and scrap imports surged to $543K in 2022. In general, imports, however, recorded a perceptible curtailment.
| Import of Cobalt; Waste and Scrap in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 621 | N/A | N/A | 543 | -4.4% |
| Netherlands | N/A | 1,038 | 185 | N/A | -82.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 621 | 1,038 | 185 | 543 | -4.4% |
Top Suppliers of Cobalt; Waste and Scrap to Finland in 2022:
- United Kingdom (102.8 tons)
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