Latin America and the Caribbean - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatin America and the Caribbean: Market for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides 2024
Market Size for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Latin America and the Caribbean
In 2021, the Latin American cobalt oxides and hydroxides market decreased by -9.5% to $X, falling for the second consecutive year after three years of growth. Overall, consumption showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Production of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Latin America and the Caribbean
In value terms, cobalt oxides and hydroxides production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a mild decrease. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Exports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides
Exports in Latin America and the Caribbean
In 2021, approx. X tons of cobalt oxides and hydroxides and commercial cobalt oxides were exported in Latin America and the Caribbean; increasing by 25% on 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 127% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
In value terms, cobalt oxides and hydroxides exports soared to $X in 2021. In general, exports showed pronounced growth. The growth pace was the most rapid in 2018 when exports increased by 227%. The level of export peaked in 2021 and is expected to retain growth in the near future.
Exports by Country
In 2021, Cuba (X tons) and Brazil (X tons) was the key exporter of cobalt oxides and hydroxides and commercial cobalt oxides in Latin America and the Caribbean, making up 100% of total export.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cuba (with a CAGR of +0.5%).
In value terms, Brazil ($X) remains the largest cobalt oxides and hydroxides supplier in Latin America and the Caribbean, comprising 84% of total exports. The second position in the ranking was held by Cuba ($X), with a 16% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value in Brazil amounted to +9.5%.
Export Prices by Country
In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, jumping by 55% against the previous year. Export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cobalt oxides and hydroxides export price increased by +32.5% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Cuba amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+10.1%).
Imports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides
Imports in Latin America and the Caribbean
In 2021, purchases abroad of cobalt oxides and hydroxides and commercial cobalt oxides decreased by -2.4% to X tons, falling for the second consecutive year after three years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 127% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, cobalt oxides and hydroxides imports rose modestly to $X in 2021. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 132%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
Brazil dominates imports structure, amounting to X tons, which was near 91% of total imports in 2021. It was distantly followed by Argentina (X tons), constituting a 5.2% share of total imports. Mexico (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to cobalt oxides and hydroxides imports into Brazil stood at -13.5%. Argentina experienced a relatively flat trend pattern. Mexico (-18.2%) illustrated a downward trend over the same period. Argentina (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while Mexico and Brazil saw its share reduced by -1.5% and -2.2% from 2012 to 2021, respectively.
In value terms, Brazil ($X) constitutes the largest market for imported cobalt oxides and hydroxides and commercial cobalt oxides in Latin America and the Caribbean, comprising 76% of total imports. The second position in the ranking was held by Argentina ($X), with a 15% share of total imports.
From 2012 to 2021, the average annual growth rate of value in Brazil stood at -4.7%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+5.3% per year) and Mexico (-13.6% per year).
Import Prices by Country
The import price in Latin America and the Caribbean stood at $X per ton in 2021, picking up by 4.9% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2016 when the import price increased by 106%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Argentina ($X per ton), while Brazil ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+10.2%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Latin America and the Caribbean. 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:
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Latin America and the Caribbean, split by region and country
- Trade (exports and imports) in Latin America and the Caribbean
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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