Global cobalt consumption volume forecast for batteries 2024-2030

Published by
Madhumitha Jaganmohan,
May 3, 2024
It is forecast that cobalt consumption in batteries will amount to over 250,000 metric tons worldwide in 2030. That represents an expected increase in battery-related cobalt consumption of about 100,000 metric tons worldwide compared to the expected consumption in 2024.

Forecast consumption of cobalt in batteries worldwide from 2024 to 2030 (in million metric tons of contained cobalt)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

2023

Region

Worldwide

Survey time period

2021

Supplementary notes

Includes the total amount of cobalt consumption required for portable consumer electronics, xEVs, E-micromobility, energy storage systems (ESS), and other battery types.

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$199 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Lithium-ion batteries worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Lithium-ion batteries worldwide

Overview

6

Revenue

3

Capacity and demand

5

Minerals

7

Lithium

6

Companies

6

Sustainability

5

Further Content: You might find this interesting as well

Topics

Battery minerals worldwideNickel mining worldwideLithiumStrategic mineralsCobalt mining industry worldwide
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.
Menu