Italy: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in Italy

The Italian antimony ore and concentrate market skyrocketed to $X in 2021, with an increase of 130% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted significant growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Exports of Antimony Ores and Concentrates

Exports from Italy

In 2021, approx. X tons of antimony ores and concentrates were exported from Italy; with an increase of 559% on the year before. In general, exports, however, continue to indicate a dramatic curtailment. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, antimony ore and concentrate exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a precipitous decline. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons) was the main destination for antimony ore and concentrate exports from Italy, with a 28% share of total exports. Moreover, antimony ore and concentrate exports to Mexico exceeded the volume sent to the second major destination, China (X tons), twofold. Malaysia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Mexico stood at +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-20.2% per year) and Malaysia (+25.5% per year).

In value terms, Mexico ($X) remains the key foreign market for antimony ores and concentrates exports from Italy, comprising 45% of total exports. The second position in the ranking was taken by China ($X), with an 11% share of total exports. It was followed by South Korea, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico stood at +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-23.7% per year) and South Korea (-18.5% per year).

Export Prices by Country

In 2021, the average antimony ore and concentrate export price amounted to $X per ton, surging by 13% against the previous year. In general, the export price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2016 an increase of 30%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Antimony Ores and Concentrates

Imports into Italy

Antimony ore and concentrate imports into Italy surged to X tons in 2021, increasing by 122% against the previous year. In general, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, antimony ore and concentrate imports surged to $X in 2021. Over the period under review, imports, however, recorded a pronounced shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest antimony ore and concentrate supplier to Italy, with a 79% share of total imports. Moreover, antimony ore and concentrate imports from Turkey exceeded the figures recorded by the second-largest supplier, Bolivia (X tons), sevenfold. Guatemala (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (-10.6% per year) and Guatemala (+4.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of antimony ores and concentrates to Italy, comprising 77% of total imports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total imports. It was followed by Bolivia, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+4.4% per year) and Bolivia (-19.5% per year).

Import Prices by Country

The average antimony ore and concentrate import price stood at $X per ton in 2021, growing by 12% against the previous year. Overall, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2017 an increase of 28%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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