EU External Trade - Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, including waste and scrap, Cobalt mattes and other intermediate products of cobalt metallurgy; unwrought cobalt; powders

Extra-EU sourcing of Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, including waste and scrap, Cobalt mattes and other intermediate products of cobalt metallurgy; unwrought cobalt; powders is well diversified across 7 suppliers. The top five (🇨🇦 Canada, 🇺🇸 United States, 🇨🇳 China) account for 64.7% of the total. 🇨🇦 Canada leads with 19.5% (€261.8M). An HHI of 981 confirms a Competitive market.

The EU exports Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, including waste and scrap, Cobalt mattes and other intermediate products of cobalt metallurgy; unwrought cobalt; powders to 5 extra-EU markets, reflecting solid diversification. 🇺🇸 United States remains the largest client (24.5%, €154.6M), followed by 🇺🇸 United States, 🇬🇧 United Kingdom, 🇯🇵 Japan.

Within the EU, 🇳🇱 Netherlands concentrates 46.2% of Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, including waste and scrap, Cobalt mattes and other intermediate products of cobalt metallurgy; unwrought cobalt; powders imports, well ahead of 🇧🇪 Belgium (24.0%). The top importing member states are 🇳🇱 Netherlands, 🇧🇪 Belgium, 🇩🇪 Germany.

In 2025, trade flows diverged: imports were declining (-7.1%) while exports were rising (3.3%), signalling a structural market shift.