Price for Cobalt Ores and Concentrates in Indonesia - 2022

Contents:

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

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

In 2022, the average cobalt ores and concentrates import price amounted to $97,840 per ton, leveling off at the previous year. Over the period under review, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 78% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual 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 Singapore amounted to +17.0% per year.

Imports of Cobalt Ores and Concentrates in Indonesia

For the third consecutive year, Indonesia recorded decline in supplies from abroad of cobalt ores and concentrateses, which decreased by 0% to 25 kg in 2022. In general, imports saw a precipitous setback. The smallest decline of -41.2% was in 2020.

In value terms, cobalt ores and concentrates imports amounted to $2.4K in 2022. Overall, imports recorded a abrupt slump. The smallest decline of -58.7% was in 2020.

Import of Cobalt Ores and Concentrates in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,256N/AN/A2,44624.9%
Thailand97.0N/AN/AN/A0%
China51.078.0N/AN/A52.9%
Japan1,277N/AN/AN/A0%
Singapore7621,472N/AN/A93.2%
Others1,158349N/AN/A-69.9%
Total4,6011,899N/A2,446-19.0%

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

  1. United Kingdom (25.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cobalt ores and concentrates - Indonesia