Report Update: May 1, 2024

Serbia - Sulphates Of Barium Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights

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Price for Barium or Aluminium Sulphates in Serbia - 2023

Price for Barium or Aluminium Sulphates in Serbia (FOB) - 2022

In 2022, the average barium or aluminium sulphates export price amounted to $278 per ton, picking up by 20% against the previous year. Over the period under review, the export price, however, showed a perceptible slump. Over the period under review, the average export prices reached the peak figure at $371 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($333 per ton), while the average price for exports to North Macedonia ($251 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 Italy (+2.1%).

Price for Barium or Aluminium Sulphates in Serbia (CIF) - 2022

The average barium or aluminium sulphates import price stood at $1,019 per ton in 2022, growing by 9.4% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium or aluminium sulphates import price increased by +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,459 per ton), while the price for Turkey ($290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Barium or Aluminium Sulphates in Serbia

In 2022, shipments abroad of sulphates of barium or aluminium decreased by -48.6% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 142% against the previous year.

In value terms, barium or aluminium sulphates exports reduced sharply to $472K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 138% against the previous year.

Export of Barium or Aluminium Sulphates in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	48.8	200	263	237	69.3%
Italy	124	94.3	124	120	-1.1%
North Macedonia	74.2	312	372	115	15.7%
Others	11.0	6.0	3.7	0.1	-79.1%
Total	258	613	762	472	22.3%

Top Export Markets for Barium or Aluminium Sulphates from Serbia in 2022:

Bosnia and Herzegovina (874.0 tons)
North Macedonia (460.0 tons)
Italy (360.0 tons)

Imports of Barium or Aluminium Sulphates in Serbia

In 2022, overseas purchases of sulphates of barium or aluminium decreased by -20.5% to 460 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of 578 tons, and then dropped rapidly in the following year.

In value terms, barium or aluminium sulphates imports reduced to $469K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of $539K, and then dropped in the following year.

Import of Barium or Aluminium Sulphates in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	139	201	287	339	34.6%
Slovenia	0.1	0.3	0.7	48.8	687.3%
Hungary	0.4	28.2	48.2	22.2	281.4%
China	111	84.1	168	19.9	-43.6%
Turkey	5.7	N/A	N/A	6.7	5.5%
Others	9.9	8.9	35.5	32.4	48.5%
Total	266	322	539	469	20.8%

Top Suppliers of Barium or Aluminium Sulphates to Serbia in 2022:

Italy (307.6 tons)
Slovenia (67.7 tons)
Hungary (27.6 tons)
China (25.0 tons)
Turkey (23.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for barium or aluminium sulphates 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:

Prodcom 20134151 - Sulphates of barium or aluminium

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:

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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