China is the world's largest producer and exporter of antimony. According to data from the United States Geological Survey, the global antimony ore reserves in 2023 were approximately 2.17 million tons, concentrated in China, Russia, Bolivia, Kyrgyzstan, Australia, Myanmar etc. China's antimony ore production accounted for as much as 48% of the world's production.
On December 3, 2024, the Ministry of Commerce of China issued an announcement, announcing the prohibition of dual-use items from being exported to U.S. military users or for military purposes. In principle, the export of dual-use items such as gallium, germanium, antimony, and superhard materials to the United States will not be permitted in order to safeguard national security and interests. The announcement has been officially implemented since December 3, 2023. If export operators violate the above provisions and transfer or provide relevant dual-use items originating in the People's Republic of China to organizations and individuals in the United States, they will be held accountable according to law.
From 2019 to 2023, China's antimony resource exports showed an overall downward trend. According to the publisher's analysis, in 2023, China's antimony resources have been exported 50,889 tons, a year-on-year decrease of 8.3%; the export value of antimony resources was US$456 million, a year-on-year decrease of 20.9%. However, in 2024, China's antimony resource exports have rebounded. As of October 2024, the export value of antimony resources has reached approximately US$489 million, a year-on-year increase of 25.8%.
From 2019 to October 2024, the average export price of China's antimony resources generally showed a fluctuating upward trend. According to the publisher's analysis, from 2019 to October 2024, the average export price of China's antimony resources rose from US$5.66 per kilogram to US$13.54 per kilogram, reaching a peak in recent years.
From 2019 to 2023, China exported antimony resources to about 76 countries and regions around the world, with a diversified export structure and a variety of antimony resource categories. Specifically, it includes antimony sulfide, antimony oxide, antimony powder, unwrought antimony, raw antimony, other antimony ores and their concentrates, antimony products and even unwrought lead with antimony as the main doping element. The main categories are antimony oxide, unwrought antimony and other antimony ores and their concentrates (distinguished from raw antimony as a beneficiation product).
According to the publisher's analysis, the United States, Japan, South Korea, India, and Taiwan are the main destinations for China's antimony resource exports, divided by export value. According to the publisher's analysis, The United States was the largest export destination for China's antimony resource in 2023.In 2023, China exported about 12,070 tons of antimony resources to the United States, accounting for 23.7% of China's total antimony resource exports that year. In 2023, the amount of antimony resources exported by China to the United States was approximately US$121.72 million, accounting for 26.7% of the total export value.
China is main producer and exporter of antimony resources in the world. Since China began to impose stricter controls on antimony resource exports from December 3, 2024, the publisher predicts that in 2025, China's antimony resources export volume and value will decline significantly compared with 2023-2024, and the export structure and price will also change more significantly.
Topics covered:
- The Export and Main Destinations of Antimony Resources in China (2019-2023)
- Main Driving Forces and Market Opportunities for China's Antimony Resource Exports
- What are the main driving forces, challenges and opportunities for China's antimony resource exports during the forecast period of 2025-2034?
- Which companies are the main players in China's antimony resource export market and what are their competitive benchmarks?
- What is the expected revenue from China’s antimony resource export market during the forecast period of 2025-2034?
- What strategies have the major players in the market adopted to increase their market share in the industry?
- Which segment of China’s antimony resource export market is expected to dominate the market in 2034?
- What are the competitive advantages of the main players in China's antimony resource export market?
- What are the main limiting factors that inhibit the growth of China's antimony resource exports?
Table of Contents
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
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The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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