Antimony Market - Vietnam And India Emerged As Top Global Suppliers of Antimony

Basic Iron And Steel November 07, 2016
Author: Maria Fadeeva
Market Analyst

antimony market

Photo: © S_E / Bigstockphoto

The global trade in antimony amounted to 133 million USD in 2015, showing tremendous fluctuations over the period under review. A 46% drop in 2009 was followed by a spike above the pre-recession peak in the following year. Exports of antimony continued to increase rapidly for the next two years, until they fell below half of their value in 2013. They continued falling in 2014 and rebounded in 2015. Overall, there was an annual increase of 6.8% from 2007 to 2015.

According to IndexBox estimates, China continued to dominate the market in global supplies of antimony. In 2015, China's antimony exports totaled 30 million USD, which accounted for a 23% share in terms of global exports. Vietnam, India, Thailand, and Spain were the other key global suppliers of antimony in 2015, with a 45% combined share of global exports.

Until 2010, China was the only major global exporter on the antimony market, with its share of exports amounting to 51% in 2007. Other countries began to export antimony later in the period under review. India (+160.6% per year) was the fastest growing exporter from 2007 to 2015, followed by Singapore (+113.3% per year), which began exporting antimony in 2010. Vietnam strengthened its position in global antimony export structure the most, growing its share from 0.01% in 2007 to 18.2% in 2015.

On the other hand, France (18%, based on value terms), Belgium (17%), Japan (12%), USA (11%), and the Republic of Korea (11%) were the leading destinations of antimony imports in 2015. Imports to the USA grew at a rapid pace of +9.4% per year from 2007 to 2015. By contrast, the Republic of Korea slightly contracted its imports of antimony over the same period. The USA's share of global imports increased by +5 percentage points, while the share of the Republic of Korea illustrated negative dynamics (-3 percentage points).

Key Exporting Countries Of Antimony

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Source: World: Antimony - Market Report. Analysis And Forecast To 2020