U.S.: Antimony Oxides Market 2024

Antimony Oxides Market Size in the U.S.

In 2022, the U.S. antimony oxides market increased by 3.2% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +68.4% against 2020 indices. Antimony oxides consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Antimony Oxides Exports

Exports from the U.S.

In 2022, overseas shipments of antimony oxides increased by 30% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, antimony oxides exports expanded notably to $X in 2022. Overall, exports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Japan (X tons) and Mexico (X tons) were the main destinations of antimony oxides exports from the United States, with a combined 65% share of total exports. Colombia, Turkey, the Netherlands, Brazil, France, Costa Rica, China, Belgium and South Korea lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +163.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for antimony oxides exported from the United States were Canada ($X), Japan ($X) and Mexico ($X), with a combined 68% share of total exports. Colombia, Brazil, Turkey, Costa Rica, the Netherlands, China, Belgium, France and South Korea lagged somewhat behind, together accounting for a further 27%.

Turkey, with a CAGR of +124.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average antimony oxides export price amounted to $X per ton, with a decrease of -11.9% against the previous year. Over the period under review, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Antimony Oxides Imports

Imports into the U.S.

In 2022, the amount of antimony oxides imported into the United States contracted to X tons, falling by -11.2% against 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, antimony oxides imports soared to $X in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +137.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest antimony oxides supplier to the United States, with a 75% share of total imports. Moreover, antimony oxides imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was taken by Bolivia (X tons), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+4.8% per year) and Bolivia (-4.8% per year).

In value terms, China ($X) constituted the largest supplier of antimony oxides to the United States, comprising 71% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports. It was followed by Bolivia, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.1% per year) and Bolivia (-1.6% per year).

Import Prices by Country

The average antimony oxides import price stood at $X per ton in 2022, picking up by 40% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, antimony oxides import price increased by +109.3% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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