Eastern Europe: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in Eastern Europe

The East European antimony ore and concentrate market shrank to $X in 2022, standing approx. at the previous year. Over the period under review, consumption recorded strong growth. The level of consumption peaked at $X in 2021, and then fell slightly in the following year.

Production of Antimony Ores and Concentrates in Eastern Europe

In value terms, antimony ore and concentrate production shrank modestly to $X in 2022 estimated in export price. In general, production posted prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Exports of Antimony Ores and Concentrates

Exports in Eastern Europe

In 2022, shipments abroad of antimony ores and concentrates decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports recorded a pronounced reduction. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, antimony ore and concentrate exports declined remarkably to $X in 2022. Over the period under review, exports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X tons) represented the major exporter of antimony ores and concentrates in Eastern Europe, creating X% of total export.

Russia was also the fastest-growing in terms of the antimony ores and concentrates exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest antimony ore and concentrate supplier in Eastern Europe.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Imports of Antimony Ores and Concentrates

Imports in Eastern Europe

In 2022, purchases abroad of antimony ores and concentrates increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a modest increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, antimony ore and concentrate imports rose to $X in 2022. Overall, imports enjoyed mild growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Ukraine was the key importing country with an import of around X tons, which resulted at X% of total imports. The Czech Republic (X tons) took the second position in the ranking, followed by Russia (X tons). All these countries together held near X% share of total imports. Slovakia (X tons) held a relatively small share of total imports.

Ukraine was also the fastest-growing in terms of the antimony ores and concentrates imports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. By contrast, Slovakia (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Ukraine (X p.p.) and Russia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Slovakia (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics.

In value terms, Ukraine ($X) constitutes the largest market for imported antimony ores and concentrates in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Russia, with an X% share.

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

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped modestly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Ukraine ($X per ton), while Russia ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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