South-Eastern Asia: Market for Antimony and Articles Thereof 2025

Market Size for Antimony and Articles Thereof in South-Eastern Asia

In 2022, the Southeast Asian antimony and articles thereof market decreased by -26.1% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, consumption saw a precipitous setback. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Antimony and Articles Thereof in South-Eastern Asia

In value terms, antimony and articles thereof production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Antimony and Articles Thereof

Exports in South-Eastern Asia

In 2022, exports of antimony and articles thereof in South-Eastern Asia expanded modestly to X tons, increasing by 2.7% on the previous year. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 550%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, antimony and articles thereof exports reached $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 573% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam dominates exports structure, amounting to X tons, which was approx. 97% of total exports in 2022. Malaysia (X tons) held a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the antimony and articles thereof exports, with a CAGR of +51.9% from 2012 to 2022. Malaysia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Vietnam increased by +55 percentage points.

In value terms, Vietnam ($X) remains the largest antimony and articles thereof supplier in South-Eastern Asia, comprising 98% of total exports. The second position in the ranking was held by Malaysia ($X), with a 1.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam stood at +56.0%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, shrinking by -1.8% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, antimony and articles thereof export price decreased by -2.6% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 30% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.7%).

Imports of Antimony and Articles Thereof

Imports in South-Eastern Asia

In 2022, imports of antimony and articles thereof in South-Eastern Asia shrank modestly to X tons, leveling off at the previous year's figure. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by 2,871% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, antimony and articles thereof imports totaled $X in 2022. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 3,231% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X tons) was the key importer of antimony and articles thereof, achieving 75% of total imports. Indonesia (X tons) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (5.3%).

From 2012 to 2022, average annual rates of growth with regard to antimony and articles thereof imports into Malaysia stood at +12.6%. At the same time, Thailand (+47.5%) and Indonesia (+3.9%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +47.5% from 2012-2022. Malaysia (+63 p.p.), Indonesia (+12 p.p.) and Thailand (+5.3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported antimony and articles thereof in South-Eastern Asia, comprising 73% of total imports. The second position in the ranking was held by Indonesia ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia stood at +16.2%. In the other countries, the average annual rates were as follows: Indonesia (+4.8% per year) and Thailand (+44.4% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, with an increase of 15% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the import price increased by 101% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform