In 2021, the tax contributions of the cobalt supply chain amounted to a total of 11 billion U.S. dollars globally. By 2030, it is anticipated that the cobalt supply chain's total tax contribution will reach some 19 billion U.S. dollars worldwide. Moreover, the global market value of cobalt is expected to more than double between 2023 and 2030.
Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030
(in billion U.S. dollars)
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Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030
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Cobalt Institute. (May 9, 2023). Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 13, 2025, from https://www.statista.com/statistics/1411741/global-tax-contributions-of-cobalt-supply-chain/
Cobalt Institute. "Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030 (in billion U.S. dollars)." Chart. May 9, 2023. Statista. Accessed April 13, 2025. https://www.statista.com/statistics/1411741/global-tax-contributions-of-cobalt-supply-chain/
Cobalt Institute. (2023). Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 13, 2025. https://www.statista.com/statistics/1411741/global-tax-contributions-of-cobalt-supply-chain/
Cobalt Institute. "Tax Contributions of The Cobalt Supply Chain Worldwide in 2021, with a Forecast for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 May 2023, https://www.statista.com/statistics/1411741/global-tax-contributions-of-cobalt-supply-chain/
Cobalt Institute, Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1411741/global-tax-contributions-of-cobalt-supply-chain/ (last visited April 13, 2025)
Tax contributions of the cobalt supply chain worldwide in 2021, with a forecast for 2030 (in billion U.S. dollars) [Graph], Cobalt Institute, May 9, 2023. [Online]. Available: https://www.statista.com/statistics/1411741/global-tax-contributions-of-cobalt-supply-chain/
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