CIS: Antimony Oxides Market 2024

Antimony Oxides Market Size in CIS

The CIS antimony oxides market reduced remarkably to $X in 2022, shrinking by -18.2% against the previous year. Over the period under review, consumption showed a perceptible reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Antimony Oxides Production in CIS

In value terms, antimony oxides production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 0.4% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Antimony Oxides Exports

Exports in CIS

Antimony oxides exports surged to X tons in 2022, jumping by 22% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 100% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, antimony oxides exports reduced modestly to $X in 2022. Overall, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2014 when exports increased by 92% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was near 93% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), constituting a 5.7% share of total exports. Belarus (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the antimony oxides exports, with a CAGR of +164.8% from 2012 to 2022. Belarus (-19.3%) and Kyrgyzstan (-24.0%) illustrated a downward trend over the same period. Russia (+93 p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Kyrgyzstan saw its share reduced by -11.2% and -81.6% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest antimony oxides supplier in the CIS, comprising 96% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 2.7% share of total exports.

In Russia, antimony oxides exports increased at an average annual rate of +151.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (-32.4% per year) and Belarus (-14.5% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, shrinking by -18.8% against the previous year. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+5.9%), while the other leaders experienced a decline in the export price figures.

Antimony Oxides Imports

Imports in CIS

In 2022, the amount of antimony oxides imported in the CIS dropped to X tons, with a decrease of -8.5% compared with 2021. Over the period under review, imports recorded a mild decline. The pace of growth appeared the most rapid in 2017 with an increase of 30% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, antimony oxides imports shrank significantly to $X in 2022. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 99% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, recording X tons, which was near 95% of total imports in 2022. Belarus (X tons) held a minor share of total imports.

Russia was also the fastest-growing in terms of the antimony oxides imports, with a CAGR of -1.1% from 2012 to 2022. Belarus (-8.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by +7.6 percentage points.

In value terms, Russia ($X) constitutes the largest market for imported antimony oxides in the CIS, comprising 93% of total imports. The second position in the ranking was taken by Belarus ($X), with a 3.7% share of total imports.

In Russia, antimony oxides imports decreased by an average annual rate of -5.0% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, shrinking by -15.8% against the previous year. In general, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2021 when the import price increased by 64% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.9%).

Source: IndexBox Platform

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