Price for Antimony; Articles Thereof, Including Waste and Scrap in South Korea - 2022

Contents:

  1. Price for Antimony; Articles Thereof, Including Waste and Scrap in South Korea (CIF) - 2022
  2. Price for Antimony; Articles Thereof, Including Waste and Scrap in South Korea (FOB) - 2022
  3. Imports of Antimony; Articles Thereof, Including Waste and Scrap in South Korea
  4. Exports of Antimony; Articles Thereof, Including Waste and Scrap in South Korea

Price for Antimony; Articles Thereof, Including Waste and Scrap in South Korea (CIF) - 2022

The average import price for antimony; articles thereof, including waste and scrap stood at $13,274 per ton in 2022, growing by 36% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($13,733 per ton) and Myanmar ($13,215 per ton), while the price for Japan ($10,025 per ton) and Vietnam ($12,722 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antimony; Articles Thereof, Including Waste and Scrap in South Korea (FOB) - 2022

The average export price for antimony; articles thereof, including waste and scrap stood at $12,287 per ton in December 2022, growing by 5.7% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 8.7% against the previous month. As a result, the export price attained the peak level of $14,143 per ton. From May 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas 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 January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Antimony; Articles Thereof, Including Waste and Scrap in South Korea

In 2022, imports of antimony; articles thereof, including waste and scrap into South Korea shrank rapidly to 2.8K tons, with a decrease of -34.9% on the previous year's figure. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 141% against the previous year. As a result, imports reached the peak of 4.3K tons, and then fell notably in the following year.

In value terms, imports of antimony; articles thereof, including waste and scrap declined to $37M in 2022. In general, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 210%. As a result, imports attained the peak of $42M, and then fell in the following year.

Import of Antimony; Articles Thereof, Including Waste and Scrap in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.18.419.718.2-3.3%
Vietnam4.23.217.611.238.7%
MyanmarN/A1.62.37.1110.7%
JapanN/AN/AN/A0.50%
ThailandN/AN/A2.2N/A0%
Indonesia0.60.2N/AN/A-66.7%
Others0.10.10.10.10.0%
Total25.113.541.837.113.9%

Top Suppliers of Antimony; Articles Thereof, Including Waste and Scrap to South Korea in 2022:

  1. China (1324.0 tons)
  2. Vietnam (876.6 tons)
  3. Myanmar (540.1 tons)
  4. Japan (48.5 tons)

Exports of Antimony; Articles Thereof, Including Waste and Scrap in South Korea

In 2022, approx. 1.7K tons of antimony; articles thereof, including waste and scrap were exported from South Korea; remaining stable against the previous year's figure. 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 in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of antimony; articles thereof, including waste and scrap surged to $21M in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Antimony; Articles Thereof, Including Waste and Scrap in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.74.07.29.426.0%
Netherlands3.82.64.76.016.4%
ChinaN/AN/A4.43.7-15.9%
Hong Kong SARN/AN/AN/A2.10%
France1.61.0N/AN/A-37.5%
Others0.10.70.40.344.2%
Total10.18.316.621.528.6%

Top Export Markets for Antimony; Articles Thereof, Including Waste and Scrap from South Korea in 2022:

  1. Japan (739.5 tons)
  2. Netherlands (466.9 tons)
  3. China (274.9 tons)
  4. Hong Kong SAR (159.8 tons)

Source: IndexBox Market Intelligence Platform

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