Antimony Prices H2 2023
Product
|
Category |
Region |
Price |
Antimony |
Otherd |
USA |
12382 USD/MT |
In the second half quarter of 2023, the price of antimony in the United States reached 12382 USD/MT.
Antimony Price Trend, Market Analysis, and News
IMARC's latest publication, “Antimony Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the antimony market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of antimony at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed antimony price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting antimony pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Antimony Market Analysis
The global antimony market size reached 83 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 100.96 Thousand Tons, at a projected CAGR of 2.20% during 2023-2032.
- The extensive use of antimony in flame retardants is driving the product demand significantly, particularly in industries including electronics, textiles, and plastics, where fire safety is crucial. According to IBEF, India, considered a popular manufacturing hub, has grown its domestic electronics production from US$ 29 billion in 2014-15 to US$101 billion in 2022-23. The electronics sector of India contributes around 3.4% of the country's gross domestic product (GDP). The government committed nearly US$ 17 billion over the next six years across 4 PLI Schemes: Semiconductor and Design, Smartphones, IT Hardware, and Components. For instance, in June 2024, CAI Performance Additives announced the launch of the ST-FR322 flame retardant synergist. ST-FR322 is an environmentally friendly alternative that delivers exceptional performance and cost savings for a wide range of plastic applications. Similarly, in June 2023, Birla Cellulose, a unit of Grasim Industries Limited and a part of the Aditya Birla Group, unveiled its latest innovation, Birla SaFRD, at ITMA 2023, Milan, Italy. This groundbreaking product marks a significant milestone in Birla Cellulose’s strategic vision to offer products for the technical textile industry. Birla SaFR is a phosphate based inherently flame-retardant sustainable cellulosic fibres, ideal for making flame retardant fabrics with its exceptional performance and eco-friendly characteristics. This is expected to fuel the growth of the market.
- The growing demand for antimony in lead acid batteries, especially in the automotive and renewable energy sectors, is contributing to the growth of the market. The demand for energy storage solutions continues to rise with the expansion of electric vehicles and renewable energy projects. For instance, in March 2024, Exide Industries Ltd planned to launch new premium lead-acid batteries for the automotive segment in India, sources aware of the development of toll informist. Similarly, in April 2024, Battery Council International (BCI) was awarded $5 million by the US Department of Energy (DOE) so that it could establish the Consortium for Lead Battery Leadership in Long-Duration Energy Storage (LDES). The just-announced award is part of the DOE’s Storage Innovation 2030: Technology Liftoff funding opportunity.
- The growing use of antimony to harden and strengthen lead and other metals is making it valuable in the production of ammunition, cable sheathing, and various other industrial products which is further facilitating the market growth. For instance, in June 2024, Tether, the largest company in the cryptocurrency industry announced the official launch of alloy by Tether, a ground-braking tethered asset backed by Tether Gold.
Antimony News
The report covers the latest developments, updates, and trends impacting the price of antimony, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the antimony price trend.
Latest developments in the antimony industry:
- In June 2024, AMG Critical Materials N.V. subsidiary AMG Lithium B.V., AMG’s wholly owned subsidiary announced a capital investment of GBP 16 million in Savannah Resources Plc, the developer of the Barroso Lithium Project in Portugal, Europe’s largest spodumene lithium deposit.
- In March 2024, BASF was recently selected by Airbus to develop and supply a new Volatile Organic Compound/Ozone Converter (VOZC) technology from BASF to be used on its A320 Family aircraft starting in 2024.
Product Description
Antimony refers to a chemical element with the symbol Sb (from Latin: stibium) and atomic number 51. It is a lustrous gray metalloid that exhibits both non-metallic and metallic properties. It is commonly found in nature as the sulfide mineral stibnite (Sb2S3). This element has a long history of use dating back to ancient times when it was used in medicines and cosmetics. It is primarily used in the production of flame retardants due to its ability to enhance the flame resistance of various metals. It is also a significant component in the manufacturing of lead-acid batteries, alloys, and semiconductors. Small amounts of antimony are added to lead to an increase its strength and hardness, thereby making it valuable in the production of bullets and cable sheathing.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the antimony price trend.
Global Antimony Price
The report offers a holistic view of the global antimony pricing trends in the form of antimony price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of antimony, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed antimony demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Antimony Price
European antimony prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
Detailed price information for Antimony can also be provided for an extensive list of European countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Antimony Price
The analysis of antimony prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.
Specific antimony historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Antimony Price
The report explores the antimony pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Antimony Price
The antimony pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Butane Price
The analysis of butane prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Antimony |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Antimony Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of Antimony pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB, and CIF prices.
- The study examines factors affecting Antimony price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The Antimony price charts ensure our clients remain at the forefront of the industry.