Price for Barium Sulphate (Barytes); Natural in Australia - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Australia (CIF) - 2023
- Price for Barium Sulphate (Barytes); Natural in Australia (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Australia
- Exports of Barium Sulphate (Barytes); Natural in Australia
Price for Barium Sulphate (Barytes); Natural in Australia (CIF) - 2023
In July 2023, the average barium sulphate (barytes); natural import price amounted to $316 per ton, rising by 35% against the previous month. Over the period under review, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in October 2022 an increase of 89% against the previous month. As a result, import price attained the peak level of $491 per ton. From November 2022 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($451 per ton), while the price for India ($164 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+13.4%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Australia (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $272 per ton in 2022, with a decrease of -14.3% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of 49%. The export price peaked at $815 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($704 per ton), while the average price for exports to Timor-Leste ($194 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 Singapore (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Australia
In 2022, barium sulphate (barytes); natural imports into Australia skyrocketed to 43K tons, growing by 83% compared with the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports surged to $7.6M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Barium Sulphate (Barytes); Natural in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.2 | 2.2 | 1.4 | 3.6 | 44.2% |
| China | 2.8 | 2.5 | 2.7 | 2.5 | -3.7% |
| Thailand | 0.8 | 1.4 | 1.3 | 1.2 | 14.5% |
| Turkey | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Others | 0.6 | 0.1 | 0.1 | 0.1 | -45.0% |
| Total | 5.4 | 6.3 | 5.7 | 7.6 | 12.1% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Australia in 2022:
- India (31.6K tons)
- China (7.7K tons)
- Thailand (2.2K tons)
- Turkey (0.8K tons)
Exports of Barium Sulphate (Barytes); Natural in Australia
In 2022, the amount of barium sulphate (barytes); naturals exported from Australia contracted significantly to 526 tons, with a decrease of -30.7% against the previous year's figure. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 697%.
In value terms, barium sulphate (barytes); natural exports reduced sharply to $143K 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 536% against the previous year.
| Export of Barium Sulphate (Barytes); Natural in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 97.6 | 29.3 | 90.1 | 81.5 | -5.8% |
| Timor-Leste | N/A | N/A | 143 | 52.3 | -63.4% |
| Malaysia | N/A | N/A | N/A | 7.0 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 2.2 | 0% |
| Others | 305 | 8.5 | 7.2 | N/A | -84.6% |
| Total | 403 | 37.9 | 241 | 143 | -29.2% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Australia in 2022:
- Timor-Leste (270.0 tons)
- New Zealand (236.1 tons)
- Malaysia (9.9 tons)
- Hong Kong SAR (9.6 tons)
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