Cobalt production — all countries

Cobalt production — Caribbean

Cobalt production in the Caribbean in 2024 — 3,609 t. Since 1995, the indicator has risen by 126.8%.

2024 3,609 t +11.47% vs 2023
World rank
Period maximum 5,602 t2006
Period minimum 1,591 t1995

Trend over time

1995–2024 · tonnes

Cobalt production — Caribbean, 1995–202402,0004,0006,000199519982001200420072010201320162019202220241995: 1,591 t1996: 2,011 t1997: 2,358 t1998: 2,665 t1999: 2,537 t2000: 2,852 t2001: 3,425 t2002: 3,442 t2003: 3,274 t2004: 3,554 t2005: 4,798 t2006: 5,602 t2007: 4,540 t2008: 4,000 t2009: 4,600 t2010: 4,800 t2011: 5,100 t2012: 4,700 t2013: 4,000 t2014: 3,700 t2015: 4,000 t2016: 3,900 t2017: 3,900 t2018: 3,500 t2019: 3,800 t2020: 3,793 t2021: 3,969 t2022: 3,791 t2023: 3,237 t2024: 3,609 t
Change over the period: +2,018 (+126.82%) Average annual rate: 2.86 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Caribbean

Caribbean 3,609 t
World 270,816 t
Cobalt production — Caribbean, by year Caribbean All countries CSV XLSX
Year t Change Change, %
2024 3,609 +371 +11.47%
2023 3,237 −554 −14.61%
2022 3,791 −178 −4.48%
2021 3,969 +176 +4.63%
2020 3,793 −7 −0.18%
2019 3,800 +300 +8.57%
2018 3,500 −400 −10.26%
2017 3,900 +0 +0%
2016 3,900 −100 −2.5%
2015 4,000 +300 +8.11%
2014 3,700 −300 −7.5%
2013 4,000 −700 −14.89%
2012 4,700 −400 −7.84%
2011 5,100 +300 +6.25%
2010 4,800 +200 +4.35%
2009 4,600 +600 +15%
2008 4,000 −540 −11.89%
2007 4,540 −1,062 −18.96%
2006 5,602 +804 +16.76%
2005 4,798 +1,244 +35%
2004 3,554 +280 +8.55%
2003 3,274 −168 −4.88%
2002 3,442 +17 +0.5%
2001 3,425 +573 +20.09%
2000 2,852 +315 +12.42%
1999 2,537 −128 −4.8%
1998 2,665 +307 +13.02%
1997 2,358 +347 +17.26%
1996 2,011 +420 +26.4%
1995 1,591

About the indicator

Cobalt production measured as contained metal, from U.S. Geological Survey data. Cobalt is needed for the cathodes of lithium-ion batteries, and its production is concentrated more tightly than that of any other important metal: more than two-thirds of the world total comes from the Democratic Republic of the Congo. It is because of that concentration that battery makers have spent recent years looking for chemistries with a smaller share of cobalt, or none at all.

Important: Cobalt is almost always mined as a by-product — together with copper or nickel — so its volume depends on the market for the main metal and not only on demand for cobalt itself.

Source: Mineral Commodity Summaries (USGS), license Public domain (work of a U.S. federal agency).