Key Market Indicators
Belarusian cobalt imports are expected to reach 4,000 kilograms by 2026, up from 3,400 kilograms in 2021. This represents an average growth rate of 2.9% year on year. Since 2004, imports have decreased by 4.6% year on year. In 2021, Belarus was ranked 51st, behind Greece with 3,400 kilograms. The United States, Belgium and Japan were ranked 2nd, 3rd and 4th respectively. Belarusian cobalt exports are forecast to reach 1,900 kilograms by 2026, up from 1,760 kilograms in 2021. This represents an average growth rate of 1.1% year on year. Since 2017, exports have decreased by 27% year on year. In 2021, Belarus was ranked 40th, behind Slovakia with 1,760 kilograms. The United States, Russia and China were ranked 2nd, 3rd and 4th respectively.