MENA: Market for Antimony and Articles Thereof 2024

Market Size for Antimony and Articles Thereof in MENA

The MENA's antimony and articles thereof market rose significantly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a measured expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Antimony and Articles Thereof in MENA

In value terms, antimony and articles thereof production expanded notably to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Antimony and Articles Thereof

Exports in MENA

Antimony and articles thereof exports contracted notably to X tons in 2022, reducing by X% compared with 2021. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, antimony and articles thereof exports reduced to $X in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Oman was the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Turkey (X tons), achieving an X% share of total exports.

Oman was also the fastest-growing in terms of the antimony and articles thereof exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman increased by X percentage points.

In value terms, Oman ($X) remains the largest antimony and articles thereof supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In Oman, antimony and articles thereof exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman totaled $X per ton.

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

Imports of Antimony and Articles Thereof

Imports in MENA

In 2022, purchases abroad of antimony and articles thereof increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, antimony and articles thereof imports soared to $X in 2022. In general, imports saw a mild increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey represented the major importing country with an import of around X tons, which recorded X% of total imports. Israel (X tons) ranks second in terms of the total imports with a X% share, followed by Syrian Arab Republic (X%) and Iran (X%). Tunisia (X tons) took a relatively small share of total imports.

Turkey 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, Syrian Arab Republic (X%) and Iran (X%) displayed positive paces of growth. By contrast, Tunisia (X%) and Israel (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Syrian Arab Republic and Iran increased by X, X and X percentage points, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported antimony and articles thereof in MENA, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and Syrian Arab Republic (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, growing by X% against the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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