In 2023, the leading global cobalt application based on total demand was battery chemicals, which accounted for almost ** metric tons of cobalt demand. The total global demand for cobalt has risen by ** percent since 2022, with an increased demand for its use in superalloys, catalysts, and magnets. However, the global demand for cobalt in ceramics, electroplating, agricultural applications, and synthetic diamond production has decreased since 2022.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Jervois Mining. (June 28, 2023). Demand for cobalt worldwide in 2023, by end use application (in metric tons) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 17, 2026, from /statistics/1424142/global-cobalt-demand-by-end-use-application/
Jervois Mining. "Demand for cobalt worldwide in 2023, by end use application (in metric tons)." Chart. June 28, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 17, 2026. /statistics/1424142/global-cobalt-demand-by-end-use-application/
Jervois Mining. (2023). Demand for cobalt worldwide in 2023, by end use application (in metric tons). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 17, 2026. /statistics/1424142/global-cobalt-demand-by-end-use-application/
Jervois Mining. "Demand for Cobalt Worldwide in 2023, by End Use Application (in Metric Tons)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 28 Jun 2023, /statistics/1424142/global-cobalt-demand-by-end-use-application/
Jervois Mining, Demand for cobalt worldwide in 2023, by end use application (in metric tons) ÌÇÐÄÆÆ½â°æ, /statistics/1424142/global-cobalt-demand-by-end-use-application/ (last visited July 17, 2026)
Demand for cobalt worldwide in 2023, by end use application (in metric tons) [Graph], Jervois Mining, June 28, 2023. [Online]. Available: /statistics/1424142/global-cobalt-demand-by-end-use-application/