GITNUX MARKETDATA REPORT 2024

Antimony Industry Statistics

The antimony industry statistics reveal trends in production, consumption, prices, and trade of antimony globally.

With sources from: grandviewresearch.com, statista.com, chemweek.com, pubs.usgs.gov and many more

Statistic 1

World production of antimony concentrates in 2019 was an estimated 150,000 metric tons (t).

Statistic 2

The US relies on imports for about 85% of its antimony supply.

Statistic 3

In 2020, the Antimony Ore market worldwide was valued at US$ 1.7 billion.

Statistic 4

In 2020, Bolivia was the world's sixth largest producer of antimony.

Statistic 5

The global antimony market is estimated to register compounding annual growth rate (CAGR) of over 6% until 2023.

Statistic 6

Flame retardants were the largest end-use of antimony (43%) followed by lead acid batteries (24%).

Statistic 7

Antimony prices experienced a general decline from around $8,000 per metric ton in 2011 to below $6,000 per metric ton in 2019.

Statistic 8

The United States has not mined antimony since 2001.

Statistic 9

The antimony trioxide flame retardant market size was valued at USD 418.9 million in 2019.

Statistic 10

Europe imports almost 62% of antimony from China.

Statistic 11

The antimony oxide industry had to restructure and reposition itself in the face of declining demand growth rates from the principal worldwide market, the US.

Statistic 12

Antimony was declared a critical mineral in 2018 by United States.

Statistic 13

Lead-acid batteries and flame retardants account for more than 80% of the antimony use.

Statistic 14

The prices of antimony remained relatively stable during the 5 years prior to 2020.

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In this post, we will explore key statistics and trends in the antimony industry, shedding light on aspects such as production volume, market values, global trade dynamics, and historical price fluctuations. From the reliance of the US on imports to the restructuring challenges faced by the antimony oxide industry, we will delve into the intricate landscape of one of the world’s critical minerals.

Statistic 1

"World production of antimony concentrates in 2019 was an estimated 150,000 metric tons (t)."

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Statistic 2

"The US relies on imports for about 85% of its antimony supply."

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Statistic 3

"In 2020, the Antimony Ore market worldwide was valued at US$ 1.7 billion."

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Statistic 4

"In 2020, Bolivia was the world's sixth largest producer of antimony."

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Statistic 5

"The global antimony market is estimated to register compounding annual growth rate (CAGR) of over 6% until 2023."

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Statistic 6

"Flame retardants were the largest end-use of antimony (43%) followed by lead acid batteries (24%)."

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Statistic 7

"Antimony prices experienced a general decline from around $8,000 per metric ton in 2011 to below $6,000 per metric ton in 2019."

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Statistic 8

"The United States has not mined antimony since 2001."

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Statistic 9

"The antimony trioxide flame retardant market size was valued at USD 418.9 million in 2019."

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Statistic 10

"Europe imports almost 62% of antimony from China."

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Statistic 11

"The antimony oxide industry had to restructure and reposition itself in the face of declining demand growth rates from the principal worldwide market, the US."

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Statistic 12

"Antimony was declared a critical mineral in 2018 by United States."

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Statistic 13

"Lead-acid batteries and flame retardants account for more than 80% of the antimony use."

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Statistic 14

"The prices of antimony remained relatively stable during the 5 years prior to 2020."

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Interpretation

The global antimony industry is characterized by various trends and dynamics as evident from the statistics presented. While world production of antimony concentrates continues to be significant, countries like the US heavily rely on imports for their supply. The market value and production rankings of key players like Bolivia showcase the competitive landscape within the industry. Antimony usage is driven primarily by flame retardants and lead acid batteries, reflecting the diverse end-use applications of the mineral. Price fluctuations and market restructuring efforts highlight the industry's adaptability to changing demand and supply conditions. As the market anticipates continued growth, stakeholders must navigate challenges such as international trade dependencies and shifting regulatory landscapes for sustainable development.

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