The global export of cobalt ores and concentrates in 2023 showcased varied dynamics across countries. Thailand was the largest exporter with a substantial volume, while Belgium, Ireland, and Germany had significantly lower exports with noticeable decreases, except for Ireland, which had a slight increase. Spain, South Korea, and the United Kingdom saw minor fluctuations, while Qatar showed minimal change. Over five years, the average annual change reflected diverse export trends, highlighting Thailand's robust growth and Belgium's decline.
Future trends to watch include increasing demand for cobalt in battery manufacturing, emphasizing the need for sustained exports, and potential shifts in trade policies affecting these key players.
Top countries in Export of Cobalt Ores and Concentrates by Country
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 7,404,300 | 2023 | +2.92% | +7.83% | View data |
| 2 | 2 Belgium | 244,970 | 2023 | -8.39% | -9.04% | View data |
| 3 | 3 Ireland | 228,460 | 2023 | +2.12% | +2.91% | View data |
| 4 | 4 Germany | 62,830 | 2023 | -9.64% | -2.87% | View data |
| 5 | 5 Spain | 39,810 | 2023 | +5.28% | -1.38% | View data |
| 6 | 6 South Korea | 26,500 | 2023 | -0.91% | -0.53% | View data |
| 7 | 7 United Kingdom | 11,850 | 2023 | +1.94% | +5.71% | View data |
| 8 | 8 Qatar | 5,710 | 2023 | +6.73% | +0.99% | View data |
