It is forecast that in 2030, e-mobility batteries alone will account for an estimated 176,000 metric tons of cobalt demand worldwide. In contrast, non-battery applications of cobalt is only expected to amount to 65,000 metric tons of cobalt demand globally by that year.
Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use
(in metric tons)
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Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use
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Statista. (December 20, 2023). Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use (in metric tons) [Graph]. In Statista. Retrieved April 14, 2025, from https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/
Statista. "Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use (in metric tons)." Chart. December 20, 2023. Statista. Accessed April 14, 2025. https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/
Statista. (2023). Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use (in metric tons). Statista. Statista Inc.. Accessed: April 14, 2025. https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/
Statista. "Demand for Cobalt Worldwide in 2021 and 2022, with a Forecast from 2023 to 2030, by End-use (in Metric Tons)." Statista, Statista Inc., 20 Dec 2023, https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/
Statista, Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use (in metric tons) Statista, https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/ (last visited April 14, 2025)
Demand for cobalt worldwide in 2021 and 2022, with a forecast from 2023 to 2030, by end-use (in metric tons) [Graph], Statista, December 20, 2023. [Online]. Available: https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/
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