The import of cobalt oxides and hydroxides to the US is forecasted to have a marginal upward trend from 2024 to 2028, with values slightly increasing each year from 1.8176 Million Kilograms in 2024 to 1.8198 Million Kilograms in 2028. The year-over-year growth rate is nearly flat, indicating stability but a lack of significant demand surge or supply limitations. There are no significant fluctuations or deviations in the overall trend from the historical data through forecasts.

Future trends to watch for include:

Technological advancements in battery and electronics sectors, which could increase demand for cobalt derivatives.
Changes in US geopolitical and trade policies affecting cobalt imports.
Sustainability initiatives and recycling technologies that might impact raw cobalt imports.