Report Update Apr 1, 2024

Western Africa - Antimony Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Antimony Ores and Concentrates 2024

Market Size for Antimony Ores and Concentrates in Western Africa

The West African antimony ore and concentrate market stood at $X in 2022, almost unchanged from the previous year. Overall, consumption continues to indicate a significant increase. The growth pace was the most rapid in 2013 with a decrease of X% against the previous year. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Antimony Ores and Concentrates in Western Africa

In value terms, antimony ore and concentrate production stood at $X in 2022 estimated in export price. Overall, production continues to indicate significant growth. The growth pace was the most rapid in 2013 with a decrease of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the immediate term.

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Exports of Antimony Ores and Concentrates

Exports in Western Africa

In 2022, the amount of antimony ores and concentrates exported in Western Africa stood at X tons, remaining stable against the previous year's figure. In general, exports posted a significant increase. The smallest decline of X% was in 2013. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, antimony ore and concentrate exports amounted to $X in 2022. Over the period under review, exports saw a significant increase. The smallest decline of X% was in 2013. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Nigeria (X tons) represented roughly X% of total exports in 2022.

Nigeria experienced a relatively flat trend pattern with regard to volume of exports of antimony ores and concentrates. Nigeria (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.

From 2012 to 2022, the average annual growth rate of value in Nigeria was relatively modest.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, remaining constant against the previous year. In general, the export price faced a deep contraction. The pace of growth was the most pronounced in 2013 when the export price decreased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 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 Nigeria.

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

Imports of Antimony Ores and Concentrates

Imports in Western Africa

In 2020, supplies from abroad of antimony ores and concentrates decreased by X% to X tons, falling for the fifth year in a row after three years of decline. Over the period under review, imports enjoyed a strong increase. The smallest decline of X% was in 2018. The volume of import peaked at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, antimony ore and concentrate imports amounted to $X in 2020. Overall, imports showed a deep reduction. The smallest decline of X% was in 2018. The level of import peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2020, reducing by X% against the previous year. In general, the import price saw a precipitous descent. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2020, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Guinea ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for antimony ores and concentrates in Western Africa?

Niger constituted the country with the largest volume of antimony ore and concentrate consumption, accounting for 54% of total volume. Moreover, antimony ore and concentrate consumption in Niger exceeded the figures recorded by the second-largest consumer, Mauritania, threefold. Burkina Faso ranked third in terms of total consumption with a 14% share.

What are the largest producers of antimony ores and concentrates in Western Africa?

Nigeria remains the largest antimony ore and concentrate producing country in Western Africa, accounting for 99% of total volume.

What is the average export price for antimony ores and concentrates in Western Africa?

The export price in Western Africa stood at $167 per ton in 2022, remaining constant against the previous year.

What is the average import price for antimony ores and concentrates in Western Africa?

In 2020, the import price in Western Africa amounted to $3,090 per ton, waning by -18.7% against the previous year.

This report provides an in-depth analysis of the market for antimony ore and concentrate in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Benin
Burkina Faso
Cabo Verde
Cote d'Ivoire
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena, Ascension and Tristan da Cunha
Senegal
Sierra Leone
Togo

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Western Africa, split by region and country
Trade (exports and imports) in Western Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023