Price for Cobalt Ores and Concentrates in Kenya - 2022

Contents:

1. Price for Cobalt Ores and Concentrates in Kenya (FOB) - 2022
2. Exports of Cobalt Ores and Concentrates in Kenya

Price for Cobalt Ores and Concentrates in Kenya (FOB) - 2022

In 2022, the average cobalt ores and concentrates export price amounted to $8,390 per ton, approximately mirroring the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -17.6% against the previous year. The export price peaked at $10,182 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2019 to 2022, the rate of growth in terms of prices for Uganda amounted to -6.2% per year.

Exports of Cobalt Ores and Concentrates in Kenya

For the third year in a row, Kenya recorded decline in shipments abroad of cobalt ores and concentrateses, which decreased by 0% to 210 kg in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -30% was in 2020.

In value terms, cobalt ores and concentrates exports totaled $1.8K in 2022. Over the period under review, exports continue to indicate a significant contraction. The smallest decline of -42.3% was in 2020.

Top Export Markets for Cobalt Ores and Concentrates from Kenya in 2022:

1. Uganda (210.0 kg)

Source: IndexBox Market Intelligence Platform