Report Update Nov 1, 2024

Colombia - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Colombia: Market for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides 2024

Market Size for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Colombia

The Colombian cobalt oxides and hydroxides market soared to $X in 2021, rising by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a notable expansion. Cobalt oxides and hydroxides consumption peaked in 2021 and is expected to retain growth in years to come.

Exports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Exports from Colombia

In 2021, cobalt oxides and hydroxides exports from Colombia skyrocketed to X kg, with an increase of 300% compared with the previous year. In general, exports enjoyed a mild expansion. Over the period under review, the exports attained the peak figure at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, cobalt oxides and hydroxides exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt contraction. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Venezuela (X kg), Peru (X kg) and Panama (X kg) were the main destinations of cobalt oxides and hydroxides exports from Colombia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of +29.7%), while the other leaders experienced mixed trend patterns.

In value terms, Venezuela ($X), Peru ($X) and Panama ($X) appeared to be the largest markets for cobalt oxides and hydroxides exported from Colombia worldwide, together comprising 100% of total exports.

Panama, with a CAGR of +52.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average cobalt oxides and hydroxides export price amounted to $X per ton, rising by 14% against the previous year. In general, the export price, however, recorded a deep setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+6.8%), while the prices for the other major destinations experienced a decline.

Imports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Imports into Colombia

In 2021, the amount of cobalt oxides and hydroxides and commercial cobalt oxides imported into Colombia skyrocketed to X tons, picking up by 24% on 2020 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 972%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cobalt oxides and hydroxides imports rose markedly to $X in 2021. In general, imports showed a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 1,732%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Belgium (X kg), Finland (X kg) and South Korea (X kg) were the main suppliers of cobalt oxides and hydroxides imports to Colombia, with a combined 49% share of total imports. These countries were followed by China and Portugal, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +771.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest cobalt oxides and hydroxides suppliers to Colombia were Belgium ($X), China ($X) and Finland ($X), together accounting for 64% of total imports. These countries were followed by Portugal and South Korea, which together accounted for a further 8.1%.

Among the main suppliers, Portugal, with a CAGR of +380.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cobalt oxides and hydroxides import price amounted to $X per ton, waning by -8.7% against the previous year. In general, the import price, however, saw a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 71% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cobalt oxides and hydroxides and commercial cobalt oxides in the world?

The country with the largest volume of cobalt oxides and hydroxides consumption was Democratic Republic of the Congo, accounting for 69% of total volume. Moreover, cobalt oxides and hydroxides consumption in Democratic Republic of the Congo exceeded the figures recorded by the second-largest consumer, Belgium, sevenfold. The third position in this ranking was occupied by Namibia, with a 4.3% share.

What are the largest producers of cobalt oxides and hydroxides and commercial cobalt oxides in the world?

The country with the largest volume of cobalt oxides and hydroxides production was Democratic Republic of the Congo, accounting for 91% of total volume. Moreover, cobalt oxides and hydroxides production in Democratic Republic of the Congo exceeded the figures recorded by the second-largest producer, Belgium, more than tenfold.

What are the leading suppliers of cobalt oxides and hydroxides and commercial cobalt oxides to Colombia?

In value terms, Finland, the United States and Belgium constituted the largest cobalt oxides and hydroxides suppliers to Colombia, together accounting for 86% of total imports. China and India lagged somewhat behind, together comprising a further 14%.

What is the average export price for cobalt oxides and hydroxides and commercial cobalt oxides in Colombia?

In 2020, the average cobalt oxides and hydroxides export price amounted to $15,000 per ton, surging by 892% against the previous year.

What is the average import price for cobalt oxides and hydroxides and commercial cobalt oxides in Colombia?

The average cobalt oxides and hydroxides import price stood at $46,566 per ton in 2020, declining by -4.4% against the previous year.

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20121930 - Cobalt oxides and hydroxides, commercial cobalt oxides

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023