Key Market Indicators
Swiss cobalt export is forecast to drop 1.1% year-on-year to around 63,100 kilograms by 2026. Since 1993, the country's supply has declined 3.1% annually on average. In 2021, India topped the ranking with 67,530 kilograms, followed by the United States, Russia and China in second, third and fourth places respectively. Meanwhile, Swiss cobalt import is expected to reduce by 0.2% annually to 172,270 kilograms by 2026. Since 1993, domestic demand has increased by 2.5% each year. In 2021, Zambia was the leading exporter to the country with 173,870 kilograms, followed by Belgium, the United States and Japan.