Asia: Antimony Market 2025

Antimony Market Size in Asia

The Asian antimony market shrank to $X in 2022, which is down by -9% against the previous year. Over the period under review, consumption recorded a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Antimony Production in Asia

In value terms, antimony production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 42%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Antimony Exports

Exports in Asia

In 2022, overseas shipments of antimony increased by 6.7% to X tons, rising for the eighth consecutive year after two years of decline. Over the period under review, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 34%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, antimony exports skyrocketed to $X in 2022. Overall, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 106%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Tajikistan represented the largest exporting country with an export of about X tons, which accounted for 47% of total exports. China (X tons) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Oman (8.5%), Myanmar (6.4%), Thailand (5%) and Vietnam (4.8%). South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to antimony exports from Tajikistan stood at +31.0%. At the same time, Oman (+149.8%), Myanmar (+28.2%), Thailand (+17.9%) and China (+1.6%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in Asia, with a CAGR of +149.8% from 2012-2022. South Korea and Vietnam experienced a relatively flat trend pattern. While the share of Tajikistan (+40 p.p.), Oman (+8.5 p.p.), Myanmar (+5.2 p.p.) and Thailand (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (-3.2 p.p.), Vietnam (-5.3 p.p.) and China (-18.4 p.p.) displayed negative dynamics.

In value terms, Tajikistan ($X) remains the largest antimony supplier in Asia, comprising 48% of total exports. The second position in the ranking was held by China ($X), with a 21% share of total exports. It was followed by Oman, with an 8.9% share.

In Tajikistan, antimony exports expanded at an average annual rate of +34.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (+1.9% per year) and Oman (+285.9% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, picking up by 20% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 62%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+54.5%), while the other leaders experienced more modest paces of growth.

Antimony Imports

Imports in Asia

In 2022, approx. X tons of antimony were imported in Asia; waning by -25.1% on the previous year. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, antimony imports fell modestly to $X in 2022. Over the period under review, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Japan represented the main importer of antimony in Asia, with the volume of imports reaching X tons, which was near 45% of total imports in 2022. It was distantly followed by South Korea (X tons), India (X tons), China (X tons) and Thailand (X tons), together committing a 43% share of total imports. Pakistan (X tons) and Turkey (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +34.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest antimony importing markets in Asia were Japan ($X), South Korea ($X) and India ($X), with a combined 78% share of total imports. China, Thailand, Pakistan and Turkey lagged somewhat behind, together accounting for a further 18%.

China, with a CAGR of +33.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, picking up by 33% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 68%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in China ($X per ton) and South Korea ($X per ton), while Pakistan ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform