CIS: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in CIS

The CIS antimony ore and concentrate market dropped modestly to $X in 2022, stabilizing at the previous year. Over the period under review, consumption showed a strong expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Antimony Ores and Concentrates in CIS

In value terms, antimony ore and concentrate production shrank slightly to $X in 2022 estimated in export price. Overall, production saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Antimony Ores and Concentrates

Exports in CIS

In 2022, shipments abroad of antimony ores and concentrates decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, exports showed a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, antimony ore and concentrate exports shrank to $X in 2022. Overall, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons) and Tajikistan (X tons) dominates exports structure, together achieving X% of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Russia ($X) remains the largest antimony ore and concentrate supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Antimony Ores and Concentrates

Imports in CIS

In 2022, overseas purchases of antimony ores and concentrates were finally on the rise to reach X tons for the first time since 2013, thus ending a eight-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, antimony ore and concentrate imports rose markedly to $X in 2022. In general, imports, however, saw a deep slump. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kyrgyzstan prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. Uzbekistan (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to antimony ore and concentrate imports into Kyrgyzstan stood at X%. At the same time, Uzbekistan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.) and Russia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kyrgyzstan (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Kyrgyzstan totaled X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, increasing by X% against the previous year. Overall, the import price saw a resilient increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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