Eastern Asia: Market for Antimony and Articles Thereof 2024

Market Size for Antimony and Articles Thereof in Eastern Asia

In 2022, the East Asian antimony and articles thereof market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a mild decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Antimony and Articles Thereof in Eastern Asia

In value terms, antimony and articles thereof production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Antimony and Articles Thereof

Exports in Eastern Asia

After two years of growth, overseas shipments of antimony and articles thereof decreased by X% to X tons in 2022. Over the period under review, exports saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, antimony and articles thereof exports fell markedly to $X in 2022. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) was the main exporting country with an export of about X tons, which finished at X% of total exports. Hong Kong SAR (X tons) ranks second in terms of the total exports with a X% share, followed by Japan (X%).

Taiwan (Chinese) experienced a relatively flat trend pattern with regard to volume of exports of antimony and articles thereof. Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (X p.p.) and Japan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, Taiwan (Chinese) ($X), Japan ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price recorded a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Imports of Antimony and Articles Thereof

Imports in Eastern Asia

In 2022, antimony and articles thereof imports in Eastern Asia skyrocketed to X tons, with an increase of X% compared with the previous year's figure. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, antimony and articles thereof imports surged to $X in 2022. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. South Korea (X tons) ranks second in terms of the total imports with a X% share, followed by Hong Kong SAR (X%). The following importers - Taiwan (Chinese) (X tons) and Japan (X tons) - each amounted to a X% share of total imports.

China was also the fastest-growing in terms of the antimony and articles thereof imports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (X%), Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Taiwan (Chinese) (X p.p.), Japan (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported antimony and articles thereof in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

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

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a 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 Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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