Benelux: Antimony Oxides Market 2024

Antimony Oxides Market Size in Benelux

In 2022, the Benelux antimony oxides market increased by 46% to $X, rising for the fourth year in a row after three years of decline. Overall, consumption, however, saw a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Antimony Oxides Production in Benelux

In value terms, antimony oxides production declined to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 17%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Antimony Oxides Exports

Exports in Benelux

After two years of growth, shipments abroad of antimony oxides decreased by -30.2% to X tons in 2022. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, the exports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, antimony oxides exports contracted to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Belgium dominates exports structure, reaching X tons, which was near 94% of total exports in 2022. It was distantly followed by the Netherlands (X tons), comprising a 6.2% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to antimony oxides exports from Belgium stood at +1.2%. At the same time, the Netherlands (+10.8%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +10.8% from 2012-2022. While the share of the Netherlands (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-3.7 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest antimony oxides supplier in Benelux, comprising 96% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 3.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium was relatively modest.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, rising by 32% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 51%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%).

Antimony Oxides Imports

Imports in Benelux

In 2022, overseas purchases of antimony oxides decreased by -11.1% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by 85%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, antimony oxides imports reduced notably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 79%. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) represented the key importer of antimony oxides, constituting 68% of total imports. It was distantly followed by Belgium (X tons), making up a 31% share of total imports.

The Netherlands was also the fastest-growing in terms of the antimony oxides imports, with a CAGR of +5.8% from 2012 to 2022. At the same time, Belgium (+3.8%) displayed positive paces of growth. While the share of the Netherlands (+4.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-4.1 p.p.) displayed negative dynamics.

In value terms, the largest antimony oxides importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +4.2%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, shrinking by -6.1% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 60%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.5%).

Source: IndexBox Platform