Africa: Market for Antimony and Articles Thereof 2024

Market Size for Antimony and Articles Thereof in Africa

The African antimony and articles thereof market expanded notably to $X in 2022, rising by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Antimony and Articles Thereof in Africa

In value terms, antimony and articles thereof production rose significantly to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Antimony and Articles Thereof

Exports in Africa

In 2022, antimony and articles thereof exports in Africa dropped rapidly to X kg, declining by X% against 2021 figures. In general, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, antimony and articles thereof exports fell sharply to $X in 2022. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tanzania was the main exporting country with an export of about X kg, which amounted to X% of total exports. It was distantly followed by Rwanda (X kg), generating an X% share of total exports. Nigeria (X kg) followed a long way behind the leaders.

Tanzania was also the fastest-growing in terms of the antimony and articles thereof exports, with a CAGR of X% from 2012 to 2022. Rwanda experienced a relatively flat trend pattern. Nigeria (X%) illustrated a downward trend over the same period. While the share of Tanzania (X p.p.) and Rwanda (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X) remains the largest antimony and articles thereof supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Rwanda ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Tanzania amounted to X%. In the other countries, the average annual rates were as follows: Rwanda (X% per year) and Nigeria (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2020 when the export price increased by X%. 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.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Imports of Antimony and Articles Thereof

Imports in Africa

Antimony and articles thereof imports skyrocketed to X tons in 2022, increasing by X% compared with 2021. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, antimony and articles thereof imports totaled $X in 2022. Overall, imports, however, continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Namibia (X tons) represented the major importer of antimony and articles thereof, achieving X% of total imports. It was distantly followed by South Africa (X tons), Mauritania (X tons) and Zimbabwe (X tons), together achieving a X% share of total imports. Democratic Republic of the Congo (X tons), Tunisia (X tons) and Uganda (X tons) took a minor share of total imports.

Imports into Namibia increased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Mauritania experienced a relatively flat trend pattern. By contrast, Uganda (X%), Tunisia (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Namibia (X p.p.), South Africa (X p.p.), Mauritania (X p.p.) and Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Zimbabwe (X p.p.), Uganda (X p.p.) and Tunisia (X p.p.) displayed negative dynamics.

In value terms, Zimbabwe ($X) constitutes the largest market for imported antimony and articles thereof in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Zimbabwe totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price faced a deep contraction. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Zimbabwe ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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