South-Eastern Asia: Antimony Oxides Market 2024

Antimony Oxides Market Size in South-Eastern Asia

The Southeast Asian antimony oxides market soared to $X in 2022, increasing by 49% against the previous year. In general, consumption enjoyed a pronounced expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Antimony Oxides Production in South-Eastern Asia

In value terms, antimony oxides production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a precipitous decline. The most prominent rate of growth was recorded in 2013 with a decrease of 99.9% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Antimony Oxides Exports

Exports in South-Eastern Asia

In 2022, exports of antimony oxides in South-Eastern Asia contracted sharply to X tons, which is down by -82.1% on the year before. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 398%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, antimony oxides exports fell notably to $X in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of 307%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of antimony oxides, namely Thailand, represented more than two-thirds of total export.

Thailand was also the fastest-growing in terms of the antimony oxides exports, with a CAGR of -2.5% from 2012 to 2022. Thailand (+34 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) also remains the largest antimony oxides supplier in South-Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in Thailand stood at -5.6%.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by 30% against the previous year. Over the period under review, the export price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2019 when the export price increased by 35% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -3.2% per year.

Antimony Oxides Imports

Imports in South-Eastern Asia

In 2022, the amount of antimony oxides imported in South-Eastern Asia declined to X tons, dropping by -7.2% against the year before. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.3% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, antimony oxides imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Thailand (X tons), distantly followed by Indonesia (X tons), Malaysia (X tons) and Vietnam (X tons) were the largest importers of antimony oxides, together committing 95% of total imports. The following importers - the Philippines (X tons) and Singapore (X tons) - each resulted at a 4.8% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +31.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 84% of total imports. Vietnam, the Philippines and Singapore lagged somewhat behind, together accounting for a further 16%.

Among the main importing countries, the Philippines, with a CAGR of +50.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, rising by 25% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 52%. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+14.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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