ASEAN: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in ASEAN

The ASEAN antimony ore and concentrate market skyrocketed to $X in 2022, rising by X% against the previous year. The total consumption indicated strong growth 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 increased by X% against 2020 indices. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Antimony Ores and Concentrates in ASEAN

In value terms, antimony ore and concentrate production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then contracted remarkably in the following year.

Exports of Antimony Ores and Concentrates

Exports in ASEAN

In 2022, the amount of antimony ores and concentrates exported in ASEAN declined sharply to X tons, which is down by X% on 2021 figures. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, antimony ore and concentrate exports fell notably to $X in 2022. In general, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Thailand represented the main exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Myanmar (X tons), generating an X% share of total exports. The following exporters - Lao People's Democratic Republic (X tons) and Vietnam (X tons) - each resulted at a X% share of total exports.

Thailand was also the fastest-growing in terms of the antimony ores and concentrates exports, with a CAGR of X% from 2012 to 2022. Vietnam (X%), Lao People's Democratic Republic (X%) and Myanmar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) emerged as the largest antimony ore and concentrate supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Myanmar ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with a X% share.

In Thailand, antimony ore and concentrate exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (X% per year) and Lao People's Democratic Republic (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Imports of Antimony Ores and Concentrates

Imports in ASEAN

In 2022, the amount of antimony ores and concentrates imported in ASEAN shrank markedly to X tons, reducing by X% compared with the year before. Overall, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, antimony ore and concentrate imports declined to $X in 2022. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Vietnam was the major importer of antimony ores and concentrates in ASEAN, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Thailand (X tons), constituting a X% share of total imports.

Vietnam was also the fastest-growing in terms of the antimony ores and concentrates imports, with a CAGR of X% from 2012 to 2022. Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by X percentage points.

In value terms, Vietnam ($X) constitutes the largest market for imported antimony ores and concentrates in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports.

In Vietnam, antimony ore and concentrate imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth was the most pronounced in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Thailand totaled $X per ton.

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

Source: IndexBox Platform

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