Thailand - Antimony - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThailand's Antimony Export Surges to $37M in 2023
Thailand Antimony Exports
In 2023, shipments abroad of antimony increased by 103% to 3.3K tons, rising for the third consecutive year after three years of decline. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 320% against the previous year. Over the period under review, the exports attained the maximum at 5.4K tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
In value terms, antimony exports surged to $37M (IndexBox estimates) in 2023. Over the period under review, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 219%. The exports peaked at $41M in 2017; however, from 2018 to 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Antimony in Thailand (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Japan | 0.4 | 0.4 | 2.0 | 0.8 | 1.2 | 3.5 | 1.6 | 1.3 | 1.9 | 5.7 | 14.3 |
| South Korea | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.1 | N/A | 5.1 |
| India | N/A | 0.5 | 0.4 | N/A | N/A | 0.2 | N/A | N/A | 0.2 | N/A | 4.1 |
| United States | 0.5 | N/A | 1.2 | 1.6 | 0.6 | 1.2 | 0.9 | 0.3 | 0.8 | 0.7 | 3.7 |
| Pakistan | N/A | N/A | N/A | 1.1 | 1.5 | 0.2 | 0.1 | N/A | 0.3 | 1.1 | 3.2 |
| Netherlands | N/A | N/A | 6.5 | 3.0 | 0.4 | N/A | N/A | N/A | N/A | 3.0 | 2.8 |
| Belgium | N/A | 0.5 | N/A | 4.5 | 3.8 | 4.2 | N/A | 0.3 | 0.3 | 2.4 | 1.4 |
| Vietnam | N/A | N/A | N/A | N/A | 9.5 | N/A | N/A | 0.2 | N/A | N/A | 1.2 |
| Bangladesh | 2.7 | 2.2 | 2.2 | 1.7 | 1.5 | 0.8 | 0.6 | 0.9 | 0.5 | 0.4 | N/A |
| Others | 3.8 | 4.4 | 12.8 | 14.5 | 22.3 | 11.5 | 5.0 | 1.2 | 0.5 | 1.2 | 1.3 |
| Total | 7.4 | 7.9 | 25.2 | 27.1 | 40.8 | 21.5 | 8.2 | 4.2 | 5.7 | 14.6 | 37.2 |
Exports by Country
Japan (1.2K tons) was the main destination for antimony exports from Thailand, with a 37% share of total exports. Moreover, antimony exports to Japan exceeded the volume sent to the second major destination, South Korea (443 tons), threefold. The third position in this ranking was held by India (355 tons), with an 11% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to Japan totaled +41.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+16.7% per year) and India (+24.3% per year).
In value terms, Japan ($14M) remains the key foreign market for antimony exports from Thailand, comprising 38% of total exports. The second position in the ranking was held by South Korea ($5.1M), with a 14% share of total exports. It was followed by India, with an 11% share.
From 2013 to 2023, the average annual rate of growth in terms of value to Japan totaled +43.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+112.7% per year) and India (+26.8% per year).
Export Prices by Country
In 2023, the antimony price stood at $11,156 per ton (FOB, Thailand), increasing by 26% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the average export price increased by 61%. The export price peaked at $11,398 per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($11,906 per ton), while the average price for exports to China ($4,573 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+82.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the antimony market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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
