Key Market Indicators
Bolivian cobalt imports are set to climb 2.3% annually over the next five years, reaching 395.33 kilograms in 2026. The country has seen a 3.9% decline in demand since 2002. In 2021, Bolivia ranked 65th in cobalt imports, behind Madagascar's 344.19 kilograms. Belgium, the United States, and Japan were the second, third, and fourth largest importers, respectively.