This statistic shows the demand for cobalt worldwide from 2010 to 2017, with a forecast for 2025, by end use. In 2017, some 41 thousand tons of the global demand for cobalt was attributable to battery manufacturing.
Cobalt demand worldwide from 2010 to 2025, by end use
(in 1,000 tons)
* Forecast.
** Includes automotive (hybrid-, plug-in hybrid-, and battery-electric vehicles), trucks and buses (light, medium, and heavy), two and three wheelers, machinery (forklifts and others), grid storage, and consumer electronics.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
McKinsey & Company (McKinsey Basic Materials Institute). (June 26, 2018). Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute). "Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons)." Chart. June 26, 2018. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute). (2018). Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute). "Cobalt Demand Worldwide from 2010 to 2025, by End Use (in 1,000 Tons)." Statista, Statista Inc., 26 Jun 2018, https://www.statista.com/statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute), Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons) Statista, https://www.statista.com/statistics/875814/cobalt-demand-worldwide-by-end-use/ (last visited November 22, 2024)
Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons) [Graph], McKinsey & Company (McKinsey Basic Materials Institute), June 26, 2018. [Online]. Available: https://www.statista.com/statistics/875814/cobalt-demand-worldwide-by-end-use/