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Forecast cobalt supply, demand, and market surplus worldwide in 2023 and 2024 (in metric tons)
Global cobalt supply and demand forecast 2023-2024
The total global supply of refined cobalt is estimated to amount to ** metric tons in 2023, an increase of ** percent compared to 2022. Meanwhile, global refined cobalt demand is expected to amount to ** metric tons in 2023, representing an increase of percent compared to 2022. Overall, experts are forecasting a cobalt market surplus of nearly metric tons in 2023.
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* For commercial use only
Basic Account
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Access limited to Free Statistics. Premium Statistics are not included.
- Free Statistics
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Starter Account
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Professional Account
For teams of up to 99 users
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Reuters. (March 7, 2023). Forecast cobalt supply, demand, and market surplus worldwide in 2023 and 2024 (in metric tons) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 20, 2026, from /statistics/1287968/forecast-global-cobalt-supply-and-demand/
Reuters. "Forecast cobalt supply, demand, and market surplus worldwide in 2023 and 2024 (in metric tons)." Chart. March 7, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 20, 2026. /statistics/1287968/forecast-global-cobalt-supply-and-demand/
Reuters. (2023). Forecast cobalt supply, demand, and market surplus worldwide in 2023 and 2024 (in metric tons). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 20, 2026. /statistics/1287968/forecast-global-cobalt-supply-and-demand/
Reuters. "Forecast Cobalt Supply, Demand, and Market Surplus Worldwide in 2023 and 2024 (in Metric Tons)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 7 Mar 2023, /statistics/1287968/forecast-global-cobalt-supply-and-demand/
Reuters, Forecast cobalt supply, demand, and market surplus worldwide in 2023 and 2024 (in metric tons) ÌÇÐÄÆƽâ°æ, /statistics/1287968/forecast-global-cobalt-supply-and-demand/ (last visited July 20, 2026)
Forecast cobalt supply, demand, and market surplus worldwide in 2023 and 2024 (in metric tons) [Graph], Reuters, March 7, 2023. [Online]. Available: /statistics/1287968/forecast-global-cobalt-supply-and-demand/
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