Africa: Antimony Market 2024

Antimony Market Size in Africa

The African antimony market dropped modestly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption saw a abrupt contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Antimony Production in Africa

In value terms, antimony production reduced to $X in 2022 estimated in export price. In general, production recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Antimony Exports

Exports in Africa

For the third year in a row, Africa recorded decline in overseas shipments of antimony, which decreased by X% to X tons in 2022. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, antimony exports surged to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa was the main exporter of antimony in Africa, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mozambique (X tons), Morocco (X tons) and Botswana (X tons), together achieving a X% share of total exports. Tanzania (X kg) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X) remains the largest antimony supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Botswana (X% per year) and Mozambique (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a slight contraction. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

Antimony Imports

Imports in Africa

In 2022, the amount of antimony imported in Africa shrank notably to X tons, dropping by X% against the previous year's figure. In general, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, antimony imports dropped to $X in 2022. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the key importing country with an import of about X tons, which recorded X% of total imports. Namibia (X tons) ranks second in terms of the total imports with a X% share, followed by Democratic Republic of the Congo (X%), Zimbabwe (X%), Uganda (X%), Nigeria (X%), Kenya (X%) and Algeria (X%).

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Namibia (X%), Democratic Republic of the Congo (X%), Zimbabwe (X%), Nigeria (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Uganda experienced a relatively flat trend pattern. By contrast, Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Namibia, Democratic Republic of the Congo, Zimbabwe, Nigeria, Kenya and Uganda increased by X, X, X, X, X and X percentage points, respectively.

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

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

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Zimbabwe ($X per ton), while Namibia ($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 more modest paces of growth.

Source: IndexBox Platform

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