Northern America: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in Northern America

The North American antimony ore and concentrate market totaled $X in 2021, growing by 2.7% against the previous year. Overall, consumption saw a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 5.9% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Antimony Ores and Concentrates in Northern America

In value terms, antimony ore and concentrate production reduced modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2013 with an increase of 837%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Antimony Ores and Concentrates

Exports in Northern America

After four years of growth, overseas shipments of antimony ores and concentrates decreased by -62.4% to X tons in 2021. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by 2,058%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, antimony ore and concentrate exports shrank sharply to $X in 2021. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 921%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada was the main exporter of antimony ores and concentrates in Northern America, with the volume of exports resulting at X tons, which was near 88% of total exports in 2021. It was distantly followed by the United States (X tons), creating a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to antimony ore and concentrate exports from Canada stood at -16.6%. The United States (-1.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +9.2 percentage points.

In value terms, Canada ($X) remains the largest antimony ore and concentrate supplier in Northern America, comprising 76% of total exports. The second position in the ranking was taken by the United States ($X), with a 24% share of total exports.

In Canada, antimony ore and concentrate exports declined by an average annual rate of -11.5% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, surging by 41% against the previous year. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in 2013 an increase of 516% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+6.1%).

Imports of Antimony Ores and Concentrates

Imports in Northern America

In 2021, purchases abroad of antimony ores and concentrates decreased by -23.9% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, antimony ore and concentrate imports declined significantly to $X in 2021. Over the period under review, imports faced a dramatic slump. The growth pace was the most rapid in 2018 when imports increased by 66%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) was the key importer of antimony ores and concentrates, mixing up 63% of total imports. It was distantly followed by the United States (X tons), comprising a 37% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Canada (with a CAGR of -2.5%).

In value terms, the largest antimony ore and concentrate importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, Canada, with a CAGR of -5.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, declining by -19.6% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when the import price increased by 34% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the 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 the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-2.5%).

Source: IndexBox Platform

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