Report Update Nov 1, 2024

Republic of Korea - Antimony Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in Republic of Korea

The South Korean antimony ore and concentrate market dropped dramatically to $X in 2021, declining by -58% 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). Over the period under review, consumption, however, posted a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020, and then reduced dramatically in the following year.

Exports of Antimony Ores and Concentrates

Exports from Republic of Korea

In 2021, exports of antimony ores and concentrates from South Korea fell to X tons, with a decrease of -6% on the previous year. In general, exports, however, saw significant growth. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, antimony ore and concentrate exports fell to $X in 2021. Over the period under review, exports, however, posted significant growth. The smallest decline of -5% was in 2020. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

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

From 2015 to 2021, the average annual rate of growth in terms of volume to Australia was relatively modest.

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

From 2015 to 2021, the average annual growth rate of value to Australia was relatively modest.

Export Prices by Country

The average antimony ore and concentrate export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate a sharp decline. The most prominent rate of growth was recorded in 2016 an increase of 15%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2015 to 2021, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +1.1% per year.

Imports of Antimony Ores and Concentrates

Imports into Republic of Korea

In 2021, the amount of antimony ores and concentrates imported into South Korea declined significantly to X tons, with a decrease of -60.4% against the year before. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 503% against the previous year. Imports peaked at X tons in 2020, and then contracted rapidly in the following year.

In value terms, antimony ore and concentrate imports reduced dramatically to $X in 2021. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 270% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then shrank rapidly in the following year.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of antimony ore and concentrate to South Korea, with a 53% share of total imports. Moreover, antimony ore and concentrate imports from India exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+19.6% per year) and Australia (-2.8% per year).

In value terms, India ($X) constituted the largest supplier of antimony ores and concentrates to South Korea, comprising 60% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.5% per year) and Australia (-6.5% per year).

Import Prices by Country

The average antimony ore and concentrate import price stood at $X per ton in 2021, picking up by 44% against the previous year. In general, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 45% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for antimony ores and concentrates in the world?

China constituted the country with the largest volume of antimony ore and concentrate consumption, accounting for 60% of total volume. Moreover, antimony ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Russia, threefold. The third position in this ranking was occupied by Tajikistan, with a 9.9% share.

What are the largest producers of antimony ores and concentrates in the world?

China constituted the country with the largest volume of antimony ore and concentrate production, comprising approx. 53% of total volume. Moreover, antimony ore and concentrate production in China exceeded the figures recorded by the second-largest producer, Russia, twofold. Tajikistan ranked third in terms of total production with an 11% share.

What are the leading suppliers of antimony ores and concentrates to Republic of Korea?

In value terms, India constituted the largest supplier of antimony ore and concentrate to South Korea, comprising 78% of total imports. The second position in the ranking was occupied by Italy, with a 21% share of total imports.

What are the leading importers of antimony ores and concentrates from Republic of Korea?

In value terms, Taiwan Chinese) remains the key foreign market for antimony ore and concentrate exports from South Korea.

What is the average export price for antimony ores and concentrates in Republic of Korea?

In 2020, the average antimony ore and concentrate export price amounted to $1,862 per ton, falling by -14.2% against the previous year.

What is the average import price for antimony ores and concentrates in Republic of Korea?

In 2020, the average antimony ore and concentrate import price amounted to $7,652 per ton, increasing by 132% against the previous year.

This report provides an in-depth analysis of the market for antimony ore and concentrate in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

South Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Republic of Korea
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023