Carbonates; Barium Carbonate Price in Malaysia - 2021

Carbonates; Barium Carbonate Price in Malaysia (CIF) - 2022

In 2022, the average carbonates; barium carbonate import price amounted to $535 per ton, shrinking by -16.8% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; barium carbonate import price increased by +19.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 44% against the previous year. As a result, import price reached the peak level of $643 per ton, and then declined remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($462 per ton), while the price for Belgium ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.

Carbonates; Barium Carbonate Price in Malaysia (FOB) - 2022

The average carbonates; barium carbonate export price stood at $150 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 51%. As a result, the export price reached the peak level of $1,209 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($1,357 per ton), while the average price for exports to India totaled $144 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.4%).

Carbonates; Barium Carbonate Imports in Malaysia

Carbonates; barium carbonate imports into Malaysia rose remarkably to 850 tons in 2022, with an increase of 11% on the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, carbonates; barium carbonate imports declined to $455K in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of $492K, and then declined in the following year.

Import of Carbonates; Barium Carbonate in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	341	371	347	374	3.1%
Belgium	0.6	1.4	8.0	6.4	120.1%
Others	61.5	45.2	137	74.2	6.5%
Total	403	417	492	455	4.1%

Top Suppliers of Carbonates; Barium Carbonate to Malaysia in 2022:

China (811.3 tons)
Belgium (17.8 tons)

Carbonates; Barium Carbonate Exports in Malaysia

In 2022, after three years of growth, there was significant decline in overseas shipments of carbonates; barium carbonates, when their volume decreased by -25% to 332 tons. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 99.9% against the previous year. As a result, the exports reached the peak of 442 tons, and then declined rapidly in the following year.

In value terms, carbonates; barium carbonate exports reduced sharply to $50K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, the exports attained the peak of $66K, and then fell notably in the following year.