Key Market Indicators
Argentina's export of cobalt is projected to drop by 1% by 2026, to 264.59 kilograms from 281 kilograms in 2021, according to an average year-on-year growth rate. Since 1998, the country's supply has grown 13.4% year-on-year. It was ranked 44th in 2021, with Greece overtaking it at 281 kilograms. The United States, Russia, and China were ranked second, third, and fourth, respectively. Argentina's import of cobalt is expected to decrease by 16.9% by 2026, to 4,750 kilograms from 13,400 kilograms in 2021, according to an average year-on-year growth rate. Since 1998, the country's demand has decreased by 12.1% year-on-year. It was ranked 43rd in 2021, with Slovakia overtaking it at 13,400 kilograms. Belgium, the United States, and Japan respectively ranked second, third, and fourth in this ranking.