Price for Barium Sulphate (Barytes); Natural in Belgium - 2023

Contents:

  1. Price for Barium Sulphate (Barytes); Natural in Belgium (CIF) - 2023
  2. Price for Barium Sulphate (Barytes); Natural in Belgium (FOB) - 2022
  3. Imports of Barium Sulphate (Barytes); Natural in Belgium
  4. Exports of Barium Sulphate (Barytes); Natural in Belgium

Price for Barium Sulphate (Barytes); Natural in Belgium (CIF) - 2023

In June 2023, the average barium sulphate (barytes); natural import price amounted to $618 per ton, with an increase of 4.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 104% against the previous month. Over the period under review, average import prices attained the maximum at $660 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($645 per ton), while the price for Italy totaled $516 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Morocco (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Barium Sulphate (Barytes); Natural in Belgium (FOB) - 2022

The average barium sulphate (barytes); natural export price stood at $444 per ton in 2022, surging by 4.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 173%. Over the period under review, the average export prices reached the peak figure at $813 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Nigeria ($913 per ton), while the average price for exports to Congo ($176 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 Nigeria (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Barium Sulphate (Barytes); Natural in Belgium

In 2022, the amount of barium sulphate (barytes); naturals imported into Belgium dropped slightly to 4K tons, remaining stable against the previous year. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year.

In value terms, barium sulphate (barytes); natural imports fell dramatically to $1.8M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports reached the peak of $2.2M, and then fell significantly in the following year.

Import of Barium Sulphate (Barytes); Natural in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7157051,3921,11315.9%
Spain64.555231118141.0%
Turkey2167.452.6154-10.7%
Morocco245N/AN/A122-20.7%
ItalyN/A22.792.696.0105.6%
ChinaN/AN/A18470.1-61.9%
Germany73.082.611142.7-16.4%
United Kingdom65.213248.8N/A-13.5%
Others20.15.935.755.940.6%
Total1,3981,5082,2271,8359.5%

Top Suppliers of Barium Sulphate (Barytes); Natural to Belgium in 2022:

  1. Netherlands (1716.0 tons)
  2. Morocco (1219.1 tons)
  3. Turkey (351.8 tons)
  4. Spain (343.0 tons)
  5. Italy (206.7 tons)
  6. China (82.8 tons)
  7. Germany (54.5 tons)

Exports of Barium Sulphate (Barytes); Natural in Belgium

In 2022, shipments abroad of barium sulphate (barytes); naturals decreased by -85.6% to 161 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 490%. As a result, the exports attained the peak of 1.1K tons, and then reduced markedly in the following year.

In value terms, barium sulphate (barytes); natural exports shrank sharply to $72K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 342%. As a result, the exports reached the peak of $477K, and then fell sharply in the following year.

Export of Barium Sulphate (Barytes); Natural in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A17.248.220.07.8%
NigeriaN/A4.239.215.089.0%
BrazilN/AN/AN/A14.70%
CongoN/AN/A72.49.8-86.5%
Democratic Republic of the CongoN/AN/AN/A6.60%
Netherlands11.224.949.33.0-35.5%
Germany9.30.19.41.9-41.1%
YemenN/AN/A117N/A0%
MexicoN/A5.882.7N/A1325.9%
ItalyN/A12.1N/AN/A0%
Others7.243.759.00.6-56.3%
Total27.710847771.737.3%

Top Export Markets for Barium Sulphate (Barytes); Natural from Belgium in 2022:

  1. Congo (56.0 tons)
  2. Czech Republic (36.5 tons)
  3. Brazil (28.8 tons)
  4. Nigeria (16.4 tons)
  5. Democratic Republic of the Congo (14.9 tons)
  6. Netherlands (4.6 tons)
  7. Germany (3.7 tons)

Source: IndexBox Market Intelligence Platform

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