Report Update May 1, 2024

Puerto Rico - Cobalt ores - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Cobalt Ore Market 2024

Cobalt Ore Exports

Exports by Country

Democratic Republic of the Congo dominates exports structure, finishing at X tons, which was approx. 91% of total exports in 2021. Mexico (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to cobalt ore exports from Democratic Republic of the Congo stood at -22.4%. At the same time, Mexico (+60.5%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +60.5% from 2012-2021. From 2012 to 2021, the share of Mexico increased by +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Democratic Republic of the Congo ($X) remains the largest cobalt ore supplier from Puerto Rico, comprising 81% of global exports. The second position in the ranking was held by Mexico ($X), with a 0.4% share of global exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Democratic Republic of the Congo totaled -17.5%.

Cobalt Ore Imports

Imports by Country

In 2021, China (X tons) represented the main importer of cobalt ores, mixing up 55% of total imports. The United Arab Emirates (X tons) ranks second in terms of the total imports with a 27% share, followed by Zambia (10%). Finland (X tons) followed a long way behind the leaders.

Imports into China decreased at an average annual rate of -20.5% from 2012 to 2021. At the same time, the United Arab Emirates (+46.3%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +46.3% from 2012-2021. By contrast, Zambia (-5.1%) and Finland (-15.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates and Zambia increased by +27 and +6.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Zambia ($X) constitutes the largest market for imported cobalt ores into Puerto Rico, comprising 60% of global imports. The second position in the ranking was held by China ($X), with a 21% share of global imports. It was followed by the United Arab Emirates, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Zambia stood at +3.7%. In the other countries, the average annual rates were as follows: China (-14.3% per year) and the United Arab Emirates (+48.8% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cobalt ores in the world?

Congo constituted the country with the largest volume of cobalt ore consumption, comprising approx. 70% of total volume. Moreover, cobalt ore consumption in Congo exceeded the figures recorded by the second-largest consumer, Russia, more than tenfold. The third position in this ranking was held by Australia, with a 3.3% share.

What are the largest producers of cobalt ores in the world?

Congo constituted the country with the largest volume of cobalt ore production, comprising approx. 70% of total volume. Moreover, cobalt ore production in Congo exceeded the figures recorded by the second-largest producer, Russia, more than tenfold. Democratic Republic of the Congo ranked third in terms of total production with a 3.3% share.

What are the leading suppliers of cobalt ores to Puerto Rico?

In value terms, Zambia constitutes the largest market for imported cobalt ores into Puerto Rico, comprising 60% of global imports. The second position in the ranking was held by China, with a 21% share of global imports. It was followed by the United Arab Emirates, with a 10% share.

What are the leading importers of cobalt ores from Puerto Rico?

In value terms, Democratic Republic of the Congo remains the largest cobalt ore supplier from Puerto Rico, comprising 81% of global exports. The second position in the ranking was held by Mexico, with a 0.4% share of global exports.

This report provides an in-depth analysis of the cobalt ore market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023