Middle East: Antimony Market 2024

Antimony Market Size in the Middle East

In 2022, the Middle Eastern antimony market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. Overall, consumption saw a deep contraction. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Antimony Production in the Middle East

In value terms, antimony production declined to $X in 2022 estimated in export price. In general, production, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Antimony Exports

Exports in the Middle East

In 2022, shipments abroad of antimony increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, antimony exports surged to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, Oman (X tons) was the main exporter of antimony, creating X% of total exports. It was distantly followed by Turkey (X tons), constituting a X% share of total exports.

Oman was also the fastest-growing in terms of the antimony exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. Oman (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price posted tangible growth. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while Turkey stood at $X per ton.

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

Antimony Imports

Imports in the Middle East

After three years of growth, overseas purchases of antimony decreased by X% to X tons in 2022. In general, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, antimony imports skyrocketed to $X in 2022. Overall, imports, however, recorded notable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the major importing country with an import of about X tons, which recorded X% of total imports. Iran (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%) and Israel (X%). Syrian Arab Republic (X tons) and Lebanon (X tons) followed a long way behind the leaders.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%), Syrian Arab Republic (X%) and Iran (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Lebanon (X%) and Israel (X%) illustrated a downward trend over the same period. Iran (X p.p.), Oman (X p.p.), Syrian Arab Republic (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while Lebanon and Israel saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported antimony in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In Turkey, antimony imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Iran (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Oman ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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