Belgium: Antimony Oxides Market 2024

Antimony Oxides Market Size in Belgium

After two years of decline, the Belgian antimony oxides market increased by 494% to $X in 2022. Overall, consumption, however, showed a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Antimony Oxides Production in Belgium

In value terms, antimony oxides production declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible slump. The growth pace was the most rapid in 2017 with an increase of 17%. Antimony oxides production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Antimony Oxides Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in overseas shipments of antimony oxides, when their volume decreased by -26.1% to X tons. The total export volume increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, antimony oxides exports reduced slightly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 84% against the previous year. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

The United States (X tons), Germany (X tons) and France (X tons) were the main destinations of antimony oxides exports from Belgium, together accounting for 52% of total exports. Turkey, Mexico, Poland, Japan, Italy, the UK, Brazil, Spain, Switzerland and the Netherlands lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +68.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) were the largest markets for antimony oxides exported from Belgium worldwide, together accounting for 52% of total exports. Turkey, Mexico, Poland, Japan, Italy, Brazil, the UK, Spain, Switzerland and the Netherlands lagged somewhat behind, together accounting for a further 38%.

In terms of the main countries of destination, Japan, with a CAGR of +74.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average antimony oxides export price stood at $X per ton in 2022, growing by 33% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and Mexico ($X per ton), while the average price for exports to the UK ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Antimony Oxides Imports

Imports into Belgium

In 2022, approx. X tons of antimony oxides were imported into Belgium; with an increase of 94% on the previous year. In general, imports posted a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 153%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, antimony oxides imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), China (X tons) and Germany (X tons) were the main suppliers of antimony oxides imports to Belgium, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +43.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest antimony oxides suppliers to Belgium were France ($X), China ($X) and Germany ($X), together accounting for 91% of total imports.

China, with a CAGR of +27.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average antimony oxides import price amounted to $X per ton, dropping by -2.3% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 4.2%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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