Singapore: Antimony Market 2024

Antimony Market Size in Singapore

The Singaporean antimony market amounted to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption posted pronounced growth. Antimony consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Antimony Production in Singapore

In value terms, antimony production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Antimony production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Antimony Exports

Exports from Singapore

In 2022, the amount of antimony exported from Singapore fell remarkably to X tons, reducing by X% compared with the previous year's figure. Overall, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, antimony exports shrank markedly to $X in 2022. In general, exports continue to indicate a sharp reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X kg) was the main destination for antimony exports from Singapore, with a X% share of total exports. Moreover, antimony exports to Malaysia exceeded the volume sent to the second major destination, China (X kg), twofold. Indonesia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Indonesia (X% per year).

In value terms, Malaysia ($X), China ($X) and Indonesia ($X) appeared to be the largest markets for antimony exported from Singapore worldwide, with a combined X% share of total exports.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average antimony export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Antimony Imports

Imports into Singapore

In 2022, imports of antimony into Singapore declined rapidly to X kg, which is down by X% compared with the previous year. In general, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, antimony imports reduced notably to $X in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Malaysia (X kg), Germany (X kg) and Japan (X kg) were the main suppliers of antimony imports to Singapore, together accounting for X% of total imports. The UK, the United States and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of antimony to Singapore, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

Import Prices by Country

The average antimony import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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