Production, Companies, Trends and Forecast until 2030 – IndexBox

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Companies mentioned in the report: American Elements, AMG Advanced Metallurgical Group, Amspec Chemical Corporation, Atomized Products Group, Belmont Metals, Cambrian Mining PLC, Campine, Consolidated, Murchison Mine, Geopromining, Hsikwangshan Twinkling Star Co., Huachang Antimony Industry, Hubei Yongcheng Antimony Industry Co., Hunan Chenzhou Mining Group Co., Korea Zinc, Lambert Metals International Limited, Lanxess, Mandalay Resources, Nihon Seiko Co., Nyacol Nano Technologies, Recyclex, Suzuhiro Chemical Co., Tri-Star Resources PLC, Umicore, United United States Antimony Corporation, Yunnan Muli Antimony Industry Co.

NEW YORK, March 30, 2022 (GLOBE NEWSWIRE) — IndexBox has just released a new report: ‘World – Antimony Minerals and Concentrates – Market Analysis, Forecast, Size, Trends and Information’. Here is a summary of the main findings of the report.

Antimony Ore Market Statistics

imports

$188.7 million dollars

Exports

$253.0 million dollars

Main importers

China, India, Vietnam

Main exporters

Australia, Russia, Tajikistan

In 2021, the global antimony ore and concentrate market was finally on the upswing to hit $2.3 billion for the first time since 2018, thus ending a two-year downward trend. However, during the period under review, consumption fell sharply. The pace of growth was the fastest in 2011 when the market value increased 44% year over year. During the period under review, the global market peaked at $5.1 billion in 2012; however, from 2013 to 2021, consumption failed to regain momentum. REQUEST FREE DATA

Consumption by Country

The country with the highest consumption figures for antimony concentrate and ore was China (345K tons), representing 60% of the total volume. In addition, the consumption of antimony ore and concentrate in China exceeded the figures recorded by the second largest consumer, Russia (108K tons), triple. Tajikistan (43K tons) ranked third in terms of total consumption with a 7.4% share. REQUEST FREE DATA

From 2007 to 2021, the average annual volume growth rate in China amounted to -6.1%. The remaining consuming countries recorded the following average annual consumption growth rates: Russia (+19.4% annually) and Tajikistan (+18.6% annual). REQUEST FREE DATA

In value terms, China ($1.8B) single-handedly led the market. The second position in the ranking was occupied by Russia ($281M). Tajikistan followed.

In 2021, the highest levels of per capita consumption of antimony concentrate and ore were recorded in Tajikistan (4.42 kg per person), followed by bolivia (0.90 kg per person), Russia (0.75 kg per person) and Canada (0.24 kg per person), while the global average per capita consumption of antimony ore and concentrate was estimated at 0.07 kg per person.

From 2007 to 2021, the average annual growth rate in terms of per capita consumption of antimony concentrate and ore in Tajikistan was +16.1%. The remaining consuming countries registered the following average annual growth rates of per capita consumption: Bolivia (-5.0% per year) and Russia (+19.3% per year).

Production

Global production of antimony concentrate and ore fell to 565,000 tonnes in 2021, representing a decrease of -3% from the previous year’s figure. During the period under review, production registered a notable decline. The most notable growth rate was recorded in 2010 when the production volume increased by 11% year on year. During the period under review, world production peaked at 967,000 tonnes in 2008; however, from 2009 to 2021, production remained at a lower figure.

In value terms, antimony ore and concentrate production increased to $2.3B in 2021 estimated at export prices. In general, production experienced a pronounced reduction. The pace of growth was the most pronounced in 2011. World output peaked at $5.7 billion in 2013; however, from 2014 to 2021, production failed to regain momentum.

Production by country

The country with the largest volume of antimony ore and concentrate production was China (300K tons), which represents 53% of the total volume. In addition, production in China was two times higher than the figures recorded by the second largest producer, Russia (125K tons). The third position in this ranking is occupied by Tajikistan (65K tons), with a share of 11%.

From 2007 to 2021, the average annual growth rate in volume terms in China amounted to -6.9%. The remaining producing countries recorded the following average annual production growth rates: Russia (+15.1% per year) and Tajikistan (+14.3% per year).

Exports

In 2021, overseas shipments of antimony ores and concentrates increased by 6.9% to 71,000 tonnes for the first time since 2018, thus ending a two-year downward trend. During the period under review, exports registered a notable expansion. The most notable growth rate was recorded in 2010 with an increase of 46% year-on-year. World exports peaked at 112,000 tonnes in 2018; however, from 2019 to 2021, exports failed to regain momentum.

In value terms, exports of antimony concentrate and ore increased to $253 million (IndexBox Estimates) in 2021. Overall, exports continue to show resilient expansion. The most notable growth rate was recorded in 2011. World exports peaked at $305 million in 2018; however, from 2019 to 2021 exports were located at a somewhat lower figure.

Exports by Country

Tajikistan (22,000 tons), Australia (17,000 tons) and Russia (17,000 tons) accounted for about 80% of total exports of antimony ores and concentrates in 2021. Myanmar followed far behind (3.4,000 tons) , with a 4.8% share in total supplies. The following exporters: Bolivia (3,000 tons), Turkey (1,500 tons), and Canada (1,300 tons), together accounted for 8.2% of total exports.

In value terms, Australia ($117 million) remains the largest supplier of antimony concentrate and ore worldwide, comprising 46% of global exports. The second position in the ranking was occupied by Russia ($52M), with a 21% share of global supplies. Tajikistan followed with a 17% share.

From 2007 to 2021, the average annual growth rate of value in Australia amounted to +23.1%. The other exporting countries recorded the following average annual export growth rates: Russia (+15.8% p.a.) and Tajikistan (+13.4% p.a.).

Export prices by country

The average export price of antimony ore and concentrate stood at $3,582 per ton in 2021, increasing 44% from the previous year. Prices varied markedly by country of origin; the country with the highest price was Australia ($6,750 per tonne), while Tajikistan ($1,910 per tonne) was among the lowest. From 2007 to 2021, Russia achieved the most remarkable growth rate in terms of prices, while the other world leaders experienced more modest growth rates.

imports

In 2021, after two years of decline, there was a significant growth in foreign supplies of antimony ores and concentrates, when their volume increased by 7.7% to 65,000 tons. In general, imports showed moderate growth. The most notable growth rate was recorded in 2010. World imports peaked at 110,000 tonnes in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of antimony concentrate and ore soared to $189 million in 2021. During the period under review, global imports reached record levels of $306 million in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China was the main importer of antimony ores and concentrates in the world, with a purchase volume that registered 45,000 tons, which represented close to 70% of total imports in 2021. Vietnam (8.4,000 tons) occupied a share of 13% (based on tons) of the total offer, which places it in second place, followed by India (9%). Italy (1,500 tons) followed a long way behind the leaders.

In value terms, China ($130 million) constitutes the largest market for imported antimony ores and concentrates worldwide, comprising 69% of global imports. The second position in the ranking was occupied by India ($20M), with a 10% share of global supplies. Viet Nam followed with a 10% share.

In China, imports of antimony concentrate and ore increased at an average annual rate of +12.8% during the period 2007-2021. In the other countries, the average annual rates were as follows: India (+18.9% per year) and Viet Nam (+3.9% per year).

Import prices by country

The average import price of antimony ore and concentrate stood at $2,910 per tonne in 2021, increasing 12% from the previous year. Prices varied considerably depending on the country of destination; the country with the highest price was Italy ($6,026 per ton), while Viet Nam ($2,306 per ton) was among the lowest. Between 2007 and 2021, Viet Nam achieved the most remarkable growth rate in terms of prices, while the other world leaders experienced more modest growth rates.

About IndexBox

IndexBox is a market research firm that develops an AI-powered system market intelligence platform that helps business analysts find actionable insights and make data-driven decisions. The platform provides data on the consumption, production, trade and prices of more than 10,000 different products in 200 countries.

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product coverage

Antimony ores and concentrates.

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CONTACT: Contact Information Mekhrona Dzhuraeva Editor media@indexbox.io

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