Price for Barium Sulphate (Barytes); Natural in Argentina - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Argentina (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Argentina (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Argentina
- Exports of Barium Sulphate (Barytes); Natural in Argentina
Price for Barium Sulphate (Barytes); Natural in Argentina (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $163 per ton in 2022, increasing by 29% against the previous year. Overall, the import price, however, showed a pronounced setback. The import price peaked at $288 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($305 per ton), while the price for Morocco ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Argentina (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $293 per ton in 2022, surging by 56% against the previous year. Overall, the export price, however, recorded a noticeable descent. Over the period under review, the average export prices attained the maximum at $521 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
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 Uruguay ($455 per ton), while the average price for exports to Chile stood at $284 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (-0.2%).
Imports of Barium Sulphate (Barytes); Natural in Argentina
Barium sulphate (barytes); natural imports into Argentina surged to 222K tons in 2022, picking up by 49% compared with the previous year. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 189%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, barium sulphate (barytes); natural imports soared to $36M in 2022. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 205%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
Import of Barium Sulphate (Barytes); Natural in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | 11.4 | 3.2 | 14.4 | 21.3 | 23.2% |
Bolivia | 5.2 | 0.9 | 3.4 | 8.2 | 16.4% |
China | 6.9 | 1.3 | 0.2 | 6.5 | -2.0% |
Others | 1.3 | 0.9 | 0.7 | 0.1 | -57.5% |
Total | 24.9 | 6.2 | 18.8 | 36.1 | 13.2% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Argentina in 2022:
- Morocco (151.3K tons)
- Bolivia (49.0K tons)
- China (21.2K tons)
Exports of Barium Sulphate (Barytes); Natural in Argentina
Barium sulphate (barytes); natural exports from Argentina skyrocketed to 34 tons in 2022, rising by 631% on the year before. In general, exports showed significant growth.
In value terms, barium sulphate (barytes); natural exports surged to $10K in 2022. Overall, exports posted significant growth.
Export of Barium Sulphate (Barytes); Natural in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 3.8 | 9.4 | 0.8 | 8.9 | 32.8% |
Uruguay | 0.5 | 3.1 | 0.1 | 1.0 | 26.0% |
Bolivia | N/A | 0.3 | N/A | N/A | 0% |
Brazil | N/A | 6.1 | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
Total | 4.4 | 19.0 | 0.9 | 10.0 | 31.5% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Argentina in 2022:
- Chile (31.2 tons)
- Uruguay (2.2 tons)
- Bolivia (0.3 tons)
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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.
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...
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...