Serbia - Barytes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Serbia - Barytes - Market Analysis, Forecast, Size, Trends And Insights

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Baryte Price in Serbia - 2023

Contents:

  1. Baryte Price in Serbia (CIF) - 2022
  2. Baryte Price in Serbia (FOB) - 2022
  3. Baryte Imports in Serbia
  4. Baryte Exports in Serbia

Baryte Price in Serbia (CIF) - 2022

In 2022, the average baryte import price amounted to $494 per ton, declining by -4.2% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 an increase of 42% against the previous year. Over the period under review, average import prices reached the peak figure at $543 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($1,612 per ton), while the price for Bulgaria ($249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Baryte Price in Serbia (FOB) - 2022

In 2022, the average baryte export price amounted to $404 per ton, picking up by 78% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($1,069 per ton), while the average price for exports to Bosnia and Herzegovina totaled $237 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+0.8%), while the prices for the other major destinations experienced a decline.

Baryte Imports in Serbia

In 2022, approx. 396 tons of barytes were imported into Serbia; growing by 70% against 2021 figures. In general, imports, however, faced a deep setback.

In value terms, baryte imports skyrocketed to $196K in 2022. Overall, imports, however, continue to indicate a abrupt curtailment.

Import of Baryte in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.51.04.759.6392.1%
Turkey4.21.86.938.3108.9%
PolandN/AN/AN/A38.20%
Bulgaria48.018.611.525.1-19.4%
China12.810.28.019.014.1%
Germany15.18.73.315.20.2%
Austria74.852.759.4N/A-10.9%
Hungary9.35.75.6N/A-22.4%
Others64.811.321.00.3-83.3%
Total230110120196-5.2%

Top Suppliers of Baryte to Serbia in 2022:

  1. Italy (126.0 tons)
  2. Bulgaria (101.0 tons)
  3. Turkey (70.0 tons)
  4. China (48.2 tons)
  5. Germany (27.0 tons)
  6. Poland (23.7 tons)

Baryte Exports in Serbia

Baryte exports from Serbia fell rapidly to 5 tons in 2022, reducing by -80.6% on the previous year. Overall, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 115% against the previous year.

In value terms, baryte exports shrank dramatically to $2K in 2022. In general, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year.

Export of Baryte in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia0.20.30.71.176.5%
Bosnia and Herzegovina0.50.30.70.921.6%
Hungary1.10.31.3N/A8.7%
Romania3.51.63.0N/A-7.4%
CanadaN/AN/AN/AN/A0%
Others5.00.40.2N/A-80.0%
Total10.32.85.82.0-42.1%

Top Export Markets for Baryte from Serbia in 2022:

  1. Bosnia and Herzegovina (4.0 tons)
  2. North Macedonia (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the baryte market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • UNCode 16190-2 - Barytes, whether or not calcined

Country coverage:

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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