| Product Code: ETC4873782 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Antigua and Barbuda saw a significant increase in cobalt carbonate imports in 2024, with the top exporting countries being the USA, Jamaica, India, UK, and Curaçao. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 20.83%, and the growth rate from 2023 to 2024 spiked at an impressive 280.46%. This data suggests a robust demand for cobalt carbonate in Antigua and Barbuda, potentially driven by various industries requiring this essential mineral.

Cobalt carbonate is a chemical compound used primarily in the production of cobalt-based pigments and batteries. In Antigua and Barbuda, the cobalt carbonate market is influenced by the demand for these applications. The growth in the manufacturing sector, particularly in industries requiring high-performance materials and pigments, impacts the demand for cobalt carbonate. Additionally, global trends in the battery industry, where cobalt is a critical component, can affect local market dynamics. Trade policies and environmental regulations related to mining and processing cobalt are also factors to consider.
Cobalt carbonate is a key raw material in the production of lithium-ion batteries, which are widely used in electric vehicles and portable electronics. The growing adoption of these technologies drives the demand for cobalt carbonate.
The cobalt carbonate market in Antigua and Barbuda faces challenges related to supply chain and pricing volatility. Cobalt is a critical raw material, often sourced from regions with geopolitical risks, which can lead to supply disruptions and price fluctuations. The market also contends with environmental and ethical concerns associated with cobalt mining, which can impact the sourcing and cost of cobalt carbonate. Additionally, the market`s reliance on imports for cobalt carbonate creates vulnerabilities in terms of logistics and cost management. The need for compliance with international standards and regulations further complicates market dynamics, adding to operational complexities.
In Antigua and Barbuda, the cobalt carbonate market is subject to regulations governing the mining, processing, and trade of cobalt. These policies often include environmental safeguards to mitigate the impact of cobalt extraction and processing on local ecosystems. Additionally, trade policies and tariffs can influence the cost and availability of cobalt carbonate in the market, affecting both domestic production and imports.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Antigua and Barbuda Cobalt Carbonate Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Cobalt Carbonate Market - Industry Life Cycle |
3.4 Antigua and Barbuda Cobalt Carbonate Market - Porter's Five Forces |
3.5 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Antigua and Barbuda Cobalt Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Antigua and Barbuda Cobalt Carbonate Market Trends |
6 Antigua and Barbuda Cobalt Carbonate Market Segmentations |
6.1 Antigua and Barbuda Cobalt Carbonate Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Antigua and Barbuda Cobalt Carbonate Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Wet Solid, 2021-2031F |
6.2.3 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Dry Powder, 2021-2031F |
6.3 Antigua and Barbuda Cobalt Carbonate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Paint Additives, 2021-2031F |
6.3.3 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.3.4 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Pigments, 2021-2031F |
6.3.5 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.6 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Others, 2021-2031F |
6.4 Antigua and Barbuda Cobalt Carbonate Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.3 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.5 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4.6 Antigua and Barbuda Cobalt Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Antigua and Barbuda Cobalt Carbonate Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Cobalt Carbonate Market Export to Major Countries |
7.2 Antigua and Barbuda Cobalt Carbonate Market Imports from Major Countries |
8 Antigua and Barbuda Cobalt Carbonate Market Key Performance Indicators |
9 Antigua and Barbuda Cobalt Carbonate Market - Opportunity Assessment |
9.1 Antigua and Barbuda Cobalt Carbonate Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Antigua and Barbuda Cobalt Carbonate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Antigua and Barbuda Cobalt Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Antigua and Barbuda Cobalt Carbonate Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Antigua and Barbuda Cobalt Carbonate Market - Competitive Landscape |
10.1 Antigua and Barbuda Cobalt Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Cobalt Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |