Chile: Market for Antimony Ores and Concentrates 2025

Market Size for Antimony Ores and Concentrates in Chile

In 2021, the Chilean antimony ore and concentrate market increased by 2,211% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; afterwards, it flattened through to 2021.

Production of Antimony Ores and Concentrates in Chile

In value terms, antimony ore and concentrate production rose rapidly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. Antimony ore and concentrate production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Antimony Ores and Concentrates

Exports from Chile

In 2020, shipments abroad of antimony ores and concentrates increased by 494% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, antimony ore and concentrate exports surged to $X in 2020. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for antimony ore and concentrate exports from Chile, accounting for a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for antimony ores and concentrates exports from Chile.

From 2013 to 2020, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2020, the average antimony ore and concentrate export price amounted to $X per ton, declining by -34.4% against the previous year. In general, the export price saw a deep slump. The growth pace was the most rapid in 2018 an increase of 0.9% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2020, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2020, the rate of growth in terms of prices for Spain amounted to +0.4% per year.

Imports of Antimony Ores and Concentrates

Imports into Chile

In 2021, approx. X kg of antimony ores and concentrates were imported into Chile; picking up by 700% against the previous year. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, antimony ore and concentrate imports surged to $X in 2021. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 524% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Brazil (X kg) constituted the largest supplier of antimony ore and concentrate to Chile, accounting for a 84% share of total imports. Moreover, antimony ore and concentrate imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X kg), eightfold. The third position in this ranking was taken by New Zealand (X kg), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+13.7% per year) and New Zealand (+19.6% per year).

In value terms, Brazil ($X) constituted the largest supplier of antimony ores and concentrates to Chile, comprising 61% of total imports. The second position in the ranking was held by the United States ($X), with a 21% share of total imports. It was followed by New Zealand, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+29.9% per year) and New Zealand (+15.6% per year).

Import Prices by Country

The average antimony ore and concentrate import price stood at $X per ton in 2021, with a decrease of -47.2% against the previous year. Overall, the import price, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2017 an increase of 99% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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