SADC: Market for Antimony and Articles Thereof 2024

Market Size for Antimony and Articles Thereof in SADC

The SADC antimony and articles thereof market expanded rapidly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Antimony and Articles Thereof in SADC

In value terms, antimony and articles thereof production shrank slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Antimony and Articles Thereof

Exports in SADC

In 2022, the amount of antimony and articles thereof exported in SADC declined notably to X kg, which is down by X% compared with 2021. Overall, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, antimony and articles thereof exports fell sharply to $X in 2022. Over the period under review, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Tanzania (X kg), together resulting at X% of total export.

Tanzania was also the fastest-growing in terms of the antimony and articles thereof exports, with a CAGR of X% from 2012 to 2022. Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X) also remains the largest antimony and articles thereof supplier in SADC.

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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

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

Imports of Antimony and Articles Thereof

Imports in SADC

Antimony and articles thereof imports rose rapidly to X tons in 2022, with an increase of X% against the year before. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, antimony and articles thereof imports surged to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Namibia was the key importer of antimony and articles thereof in SADC, with the volume of imports reaching X tons, which was near X% of total imports in 2022. South Africa (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Zimbabwe (X%). The following importers - Democratic Republic of the Congo (X tons), Swaziland (X tons) and Angola (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to antimony and articles thereof imports into Namibia stood at X%. At the same time, Democratic Republic of the Congo (X%), Swaziland (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Namibia, South Africa, Democratic Republic of the Congo and Swaziland increased by X, X, X and X percentage points, respectively.

In value terms, Zimbabwe ($X) constitutes the largest market for imported antimony and articles thereof in SADC, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Zimbabwe totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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