Republic of Korea - Antimony - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAntimony Price in South Korea - 2022
Contents:
- Antimony Price in South Korea (CIF) - 2022
- Antimony Price in South Korea (FOB) - 2022
- Antimony Imports in South Korea
- Antimony Exports in South Korea
Antimony Price in South Korea (CIF) - 2022
In 2022, the average antimony import price amounted to $13,273 per ton, growing by 36% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 72%. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($13,732 per ton) and Myanmar ($13,215 per ton), while the price for Japan ($10,025 per ton) and Vietnam ($12,721 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Antimony Price in South Korea (FOB) - 2022
The average antimony export price stood at $12,287 per ton in December 2022, increasing by 5.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 an increase of 8.7% against the previous month. As a result, the export price reached the peak level of $14,143 per ton. From May 2022 to December 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In December 2022, the countries with the highest prices were Zimbabwe ($13,237 per ton) and Hong Kong SAR ($13,169 per ton), while the average price for exports to Japan ($10,708 per ton) and the Netherlands ($10,872 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.1%), while the prices for the other major destinations experienced mixed trend patterns.
Antimony Imports in South Korea
In 2022, imports of antimony into South Korea fell notably to 2.8K tons, dropping by -34.9% on the previous year. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of 4.3K tons, and then reduced dramatically in the following year.
In value terms, antimony imports contracted to $37M in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 136% against the previous year. As a result, imports reached the peak of $42M, and then shrank in the following year.
| Import of Antimony in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.1 | 12.5 | 20.8 | 18.2 | -3.3% |
| Vietnam | 4.2 | 4.8 | 18.6 | 11.2 | 38.7% |
| Myanmar | N/A | N/A | N/A | 7.1 | 0% |
| Japan | N/A | N/A | N/A | 0.5 | 0% |
| Thailand | N/A | N/A | 2.3 | N/A | 0% |
| Indonesia | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 25.1 | 17.7 | 41.8 | 37.1 | 13.9% |
Top Suppliers of Antimony to South Korea in 2022:
- Indonesia (undefined tons)
- China (1324.1 tons)
- Vietnam (876.7 tons)
- Myanmar (540.1 tons)
- Japan (48.5 tons)
Antimony Exports in South Korea
In 2022, approx. 1.7K tons of antimony were exported from South Korea; remaining stable against 2021. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, antimony exports skyrocketed to $21M in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 100%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Antimony in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.7 | 4.0 | 7.2 | 9.4 | 26.0% |
| Netherlands | 3.8 | 2.6 | 4.7 | 6.0 | 16.4% |
| China | N/A | N/A | 4.4 | 3.7 | -15.9% |
| Hong Kong SAR | N/A | N/A | N/A | 2.1 | 0% |
| France | 1.6 | 1.0 | N/A | N/A | -37.5% |
| Others | 0.1 | 0.7 | 0.4 | 0.3 | 44.2% |
| Total | 10.1 | 8.3 | 16.6 | 21.5 | 28.6% |
Top Export Markets for Antimony from South Korea in 2022:
- Japan (739.6 tons)
- Netherlands (466.9 tons)
- China (274.9 tons)
- Hong Kong SAR (159.8 tons)
This report provides an in-depth analysis of the antimony market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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