# Consumption of Cobalt (oxides)

### Short description

Apparent consumption of Cobalt - Oxides expressed in tonnes.

Apparent consumption is calculated as Production + Imports - Exports for each country in the ERA.

Demand for cobalt over the next ten years is expected to increase due to its use in some rechargeable batteries for electric vehicle applications and biotech applications. Cobalt can also be used to make superalloys for applications such as jet engines, turbines, space vehicles or chemical equipment.1

Unit:
Tonnes (metric)

### Original data

Unit for original data:
Tonnes (metric) of production, imports and exports
Date of extraction:
Wednesday, February 1, 2017
MapBox plotLine chartBar chart

## The indicator is relevant to the following innovation systems on this website

#### Critical raw materials

Many technological developments and thus innovation pathways depend on the availability of specific raw materials.