MENA: Market for Antimony and Articles Thereof 2025

Market Size for Antimony and Articles Thereof in MENA

The MENA's antimony and articles thereof market totaled $X in 2022, with an increase of 1.7% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Antimony and Articles Thereof in MENA

In value terms, antimony and articles thereof production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 11% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Antimony and Articles Thereof

Exports in MENA

In 2022, exports of antimony and articles thereof in MENA shrank remarkably to X tons, reducing by -28% compared with the year before. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 192%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, antimony and articles thereof exports declined to $X in 2022. Overall, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 197% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Oman represented the key exporting country with an export of about X tons, which amounted to 86% of total exports. It was distantly followed by Turkey (X tons), achieving an 11% share of total exports.

Oman was also the fastest-growing in terms of the antimony and articles thereof exports, with a CAGR of +57.1% from 2012 to 2022. Turkey (-23.7%) illustrated a downward trend over the same period. While the share of Oman (+86 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (-84.1 p.p.) displayed negative dynamics.

In value terms, Oman ($X) remains the largest antimony and articles thereof supplier in MENA, comprising 66% of total exports. The second position in the ranking was held by Turkey ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Oman totaled +71.1%.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, jumping by 23% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by 145% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+8.9%).

Imports of Antimony and Articles Thereof

Imports in MENA

In 2022, overseas purchases of antimony and articles thereof increased by 97% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, showed a noticeable decline. The growth pace was the most rapid in 2017 with an increase of 237% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, antimony and articles thereof imports skyrocketed to $X in 2022. Over the period under review, imports posted moderate growth. The pace of growth was the most pronounced in 2016 when imports increased by 129%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

Turkey was the largest importing country with an import of around X tons, which finished at 57% of total imports. Algeria (X tons) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Israel (10%), Syrian Arab Republic (8.1%) and Iran (4.5%). Tunisia (X tons) took a little share of total imports.

Turkey was also the fastest-growing in terms of the antimony and articles thereof imports, with a CAGR of +66.2% from 2012 to 2022. At the same time, Syrian Arab Republic (+47.0%) and Algeria (+23.6%) displayed positive paces of growth. By contrast, Iran (-2.3%), Tunisia (-17.4%) and Israel (-20.3%) illustrated a downward trend over the same period. Turkey (+57 p.p.), Algeria (+15 p.p.) and Syrian Arab Republic (+8 p.p.) significantly strengthened its position in terms of the total imports, while Tunisia and Israel saw its share reduced by -7.6% and -70.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported antimony and articles thereof in MENA, comprising 56% of total imports. The second position in the ranking was held by Israel ($X), with a 20% share of total imports. It was followed by Algeria, with a 16% share.

In Turkey, antimony and articles thereof imports increased at an average annual rate of +56.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (-6.9% per year) and Algeria (+19.7% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, rising by 13% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of 192%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+16.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform