Barium or Aluminium Sulphates Market

Barium or aluminium sulphates market: read the most recent statistics provided by an Ai-driven BI platform. Information provide market size, imports, consumption, exports, market prices, companies, trade, and production. There is a split by country, including Latin America, the U.K., Africa, the U.S., EU, the Middle East, Russia, and China. Market trends and outlook to 2030 are also featured in the reports.

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Barium or Aluminium Sulphates - World's Largest Markets

In value terms, Japan, China and the United States appeared to be the countries with the highest levels of market value in 2020, together accounting for 58% of the global market. These countries were followed by India, Mexico, Germany, Russia, Indonesia, Canada, Saudi Arabia and France, which together accounted for a further 18%.

Germany saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while barium or aluminium sulphates market for the other global leaders experienced more modest paces of growth.

Barium Or Aluminium Sulphates Prices

Barium or Aluminium Sulphates - Top Importers

In value terms, the United States ($23M), India ($15M) and Japan ($12M) constituted the countries with the highest levels of imports in 2020, together accounting for 17% of global imports. These countries were followed by Germany, France, Austria, Italy, the Netherlands, Hong Kong SAR, Sweden, Singapore, Australia and Ukraine, which together accounted for a further 21%.

In terms of the main importing countries, Hong Kong SAR saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Barium or Aluminium Sulphates - Top Exporters

In value terms, China ($106M) remains the largest barium or aluminium sulphates supplier worldwide, comprising 48% of global exports. The second position in the ranking was occupied by Turkey ($15M), with a 6.5% share of global exports. It was followed by Sweden, with a 4.4% share.

From 2018 to 2020, the average annual growth rate of value in China amounted to +19.3%. In the other countries, the average annual rates were as follows: Turkey (+4.4% per year) and Sweden (-1.2% per year).

Barium or Aluminium Sulphates - Market Forecast

Driven by rising demand for barium or aluminium sulphates worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Barium or Aluminium Sulphates - Product Coverage

• HS 283322 - Sulphates; of aluminium
• HS 283327 - Sulphates; of barium