United Arab Emirates - Barytes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaryte Price in the United Arab Emirates - 2021
Contents:
- Baryte Price in the United Arab Emirates (CIF) - 2022
- Baryte Price in the United Arab Emirates (FOB) - 2022
- Baryte Imports in the United Arab Emirates
- Baryte Exports in the United Arab Emirates
Baryte Price in the United Arab Emirates (CIF) - 2022
The average baryte import price stood at $116 per ton in 2022, waning by -10.5% against the previous year. Overall, the import price recorded a perceptible setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $180 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 China ($336 per ton), while the price for Iran ($45 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Baryte Price in the United Arab Emirates (FOB) - 2022
In 2022, the average baryte export price amounted to $125 per ton, dropping by -5.8% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the maximum at $213 per ton in 2012; however, from 2013 to 2022, the 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 Angola ($405 per ton), while the average price for exports to Oman ($60 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Baryte Imports in the United Arab Emirates
After two years of decline, purchases abroad of barytes increased by 24% to 90K tons in 2022. Overall, imports, however, faced a precipitous decrease.
In value terms, baryte imports rose remarkably to $10M in 2022. In general, imports, however, recorded a abrupt setback.
| Import of Baryte in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.2 | 3.6 | 2.1 | 3.1 | -20.6% |
| Vietnam | 2.4 | 2.4 | 2.5 | 2.4 | 0.0% |
| Pakistan | 2.9 | 2.9 | 2.0 | 2.2 | -8.8% |
| China | 1.5 | 1.0 | 1.3 | 1.0 | -12.6% |
| Iran | 0.8 | 0.2 | 0.3 | 0.3 | -27.9% |
| Lao People's Democratic Republic | 1.2 | N/A | N/A | N/A | 0% |
| Others | 1.4 | 1.3 | 1.3 | 1.4 | 0.0% |
| Total | 16.4 | 11.4 | 9.4 | 10.4 | -14.1% |
Top Suppliers of Baryte to the United Arab Emirates in 2022:
- India (29.1K tons)
- Vietnam (25.3K tons)
- Pakistan (21.2K tons)
- Iran (7.1K tons)
- China (3.0K tons)
Baryte Exports in the United Arab Emirates
After three years of growth, shipments abroad of barytes decreased by -23% to 40K tons in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 84% against the previous year. As a result, the exports attained the peak of 51K tons, and then fell markedly in the following year.
In value terms, baryte exports declined rapidly to $4.9M in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 122% against the previous year. As a result, the exports attained the peak of $6.8M, and then reduced remarkably in the following year.
| Export of Baryte in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 456 | 717 | 1,761 | 1,321 | 42.6% |
| Sudan | 407 | 686 | 1,265 | 977 | 33.9% |
| Iran | 129 | 266 | 614 | 550 | 62.2% |
| Angola | 263 | 425 | 722 | 542 | 27.3% |
| Mozambique | 212 | 344 | 623 | 440 | 27.6% |
| Tanzania | 3.4 | 19.2 | 405 | 304 | 347.2% |
| Australia | N/A | 112 | 207 | 155 | 17.6% |
| Saudi Arabia | 122 | 117 | 197 | 148 | 6.7% |
| Niger | 791 | N/A | N/A | N/A | 0% |
| Uzbekistan | N/A | N/A | 374 | N/A | 0% |
| Others | 226 | 379 | 629 | 495 | 29.9% |
| Total | 2,610 | 3,064 | 6,797 | 4,932 | 23.6% |
Top Export Markets for Baryte from the United Arab Emirates in 2022:
- Oman (21.9K tons)
- Mozambique (5.0K tons)
- Sudan (4.4K tons)
- Iran (3.3K tons)
- Angola (1.3K tons)
- Tanzania (1.0K tons)
- Australia (0.7K tons)
- Saudi Arabia (0.4K tons)
This report provides an in-depth analysis of the baryte market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2020, the global baryte market fell by 15%, hampered by a severe decline seen in the oil industry, which currently consumes 80% of the total baryte output. India remained the only country to maintain 2019 production figures. While the oil industry is set to operate at minimum production levels in the medium term, alternative chemical, coating, and construction baryte applications may emerge as market drivers.
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In 2020, the global baryte market fell by 15%, hampered by a severe decline seen in the oil industry, which currently consumes 80% of the total baryte output. India remained the only country to maintain 2019 production figures. While the oil industry is set to operate at minimum production levels in the medium term, alternative chemical, coating, and construction baryte applications may emerge as market drivers.
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In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...
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In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...
