Key Market Indicators
Italian exports of cobalt are expected to reach 173,000 kilograms by 2026, a 0.4% increase annually from 169,000 kilograms in 2021. Since 1999, Italian supply has dropped by 6.9% year on year. In 2021, Ireland had the most exports at 169,000 kilograms, while Italy ranked 19th. The US, Russia and China followed as numbers two, three, and four, respectively. Imports of cobalt into Italy are expected to reach 846,000 kilograms by 2026, a 0.9% increase annually from 800,000 kilograms in 2021. Since 1999, Italian demand for cobalt has decreased by 8.3% year on year. In 2021, Singapore had the most imports at 800,000 kilograms, while Italy ranked 15th. Belgium, the US and Japan followed as numbers two, three, and four, respectively.