Price for Cobalt; Waste and Scrap in Qatar - 2023

Contents:

  1. Price for Cobalt; Waste and Scrap in Qatar (CIF) - 2022
  2. Imports of Cobalt; Waste and Scrap in Qatar

Price for Cobalt; Waste and Scrap in Qatar (CIF) - 2022

The average cobalt; waste and scrap import price stood at $269,606 per ton in 2022, jumping by 1,712% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. The import price peaked at $473,853 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($807,008 per ton), while the price for the United States totaled $209,075 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6,758.2%).

Imports of Cobalt; Waste and Scrap in Qatar

In 2022, supplies from abroad of cobalt; waste and scraps decreased by -74.3% to 524 kg for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 101,850%. As a result, imports reached the peak of 2 tons, and then dropped sharply in the following year.

In value terms, cobalt; waste and scrap imports skyrocketed to $141K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 11,754% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Cobalt; Waste and Scrap in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States0.311.898.41711.1%
United KingdomN/A18.342.8133.9%
FranceN/A0.1N/A0%
OthersN/AN/AN/A0%
Total0.330.31412067.9%

Top Suppliers of Cobalt; Waste and Scrap to Qatar in 2022:

  1. United States (471.0 kg)
  2. United Kingdom (53.0 kg)

Source: IndexBox Market Intelligence Platform

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