Price for Cobalt; Waste and Scrap in New Zealand - 2023
Contents:
- Price for Cobalt; Waste and Scrap in New Zealand (FOB) - 2022
- Exports of Cobalt; Waste and Scrap in New Zealand
Price for Cobalt; Waste and Scrap in New Zealand (FOB) - 2022
The average cobalt; waste and scrap export price stood at $20,118 per ton in 2022, surging by 257% against the previous year. In general, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($20,204 per ton), while the average price for exports to the Netherlands amounted to $18,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.1%), while the prices for the other major destinations experienced a decline.
Exports of Cobalt; Waste and Scrap in New Zealand
In 2022, approx. 51 kg of cobalt; waste and scraps were exported from New Zealand; with a decrease of -95.7% on 2021 figures. In general, exports showed a dramatic curtailment. The smallest decline of -15.2% was in 2021.
In value terms, cobalt; waste and scrap exports declined markedly to $1K in 2022. Overall, exports continue to indicate a significant decrease. The smallest decline of -21.5% was in 2021.
| Export of Cobalt; Waste and Scrap in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.0 | 0.8 | 1.3 | 1.0 | -37.0% |
| United Kingdom | 17.1 | 6.7 | 4.2 | N/A | -50.4% |
| Netherlands | 0.6 | 0.2 | N/A | N/A | -66.7% |
| United States | 1.8 | 0.8 | 0.5 | N/A | -47.3% |
| Others | N/A | N/A | 0.6 | N/A | 0% |
| Total | 23.5 | 8.5 | 6.7 | 1.0 | -65.1% |
Top Export Markets for Cobalt; Waste and Scrap from New Zealand in 2022:
- Singapore (49.0 kg)
- Netherlands (2.0 kg)
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