Eastern Asia: Antimony Oxides Market 2024

Antimony Oxides Market Size in Eastern Asia

The East Asian antimony oxides market surged to $X in 2022, with an increase of 31% against the previous year. Overall, consumption, however, continues to indicate a noticeable descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Antimony Oxides Production in Eastern Asia

In value terms, antimony oxides production reduced slightly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 9.5%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Antimony Oxides Exports

Exports in Eastern Asia

In 2022, antimony oxides exports in Eastern Asia dropped notably to X tons, falling by -15.2% against 2021. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, antimony oxides exports expanded sharply to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 110% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, resulting at X tons, which was near 92% of total exports in 2022. South Korea (X tons) and Japan (X tons) took a little share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of antimony oxides. At the same time, South Korea (+11.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +11.8% from 2012-2022. By contrast, Japan (-3.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea increased by +2.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest antimony oxides supplier in Eastern Asia, comprising 92% of total exports. The second position in the ranking was taken by South Korea ($X), with a 4% share of total exports.

In China, antimony oxides exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+9.7% per year) and Japan (-4.3% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, growing by 25% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 66%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the other leaders experienced a decline in the export price figures.

Antimony Oxides Imports

Imports in Eastern Asia

After two years of growth, supplies from abroad of antimony oxides decreased by -7.5% to X tons in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.5% against the previous year. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, antimony oxides imports expanded 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 when imports increased by 76% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of antimony oxides imports in 2022 were Taiwan (Chinese) (X tons), Japan (X tons) and South Korea (X tons), together amounting to 96% of total import. China (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +0.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest antimony oxides importing markets in Eastern Asia were Japan ($X), Taiwan (Chinese) ($X) and South Korea ($X), together accounting for 95% of total imports.

South Korea, with a CAGR of +0.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, rising by 11% against the previous year. Overall, the import price, however, showed a mild decrease. The pace of growth was the most pronounced in 2021 an increase of 60% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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