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

Contents:

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

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

The average barium sulphate (barytes); natural export price stood at $182 per ton in 2022, rising by 20% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium sulphate (barytes); natural export price increased by +75.8% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 30% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($446 per ton), while the average price for exports to the United States ($129 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 Saudi Arabia (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Barium Sulphate (Barytes); Natural in China (CIF) - 2022

The average barium sulphate (barytes); natural import price stood at $112 per ton in 2022, declining by -2.2% against the previous year. In general, the import price faced a deep setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 68%. Over the period under review, average import prices hit record highs at $499 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,157 per ton), while the price for South Korea ($607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Barium Sulphate (Barytes); Natural in China

Barium sulphate (barytes); natural exports from China reduced dramatically to 733K tons in 2022, shrinking by -20.6% on 2021. In general, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year.

In value terms, barium sulphate (barytes); natural exports reduced to $133M in 2022. Over the period under review, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year.

Export of Barium Sulphate (Barytes); Natural in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States53.724.940.241.5-8.2%
Netherlands23.716.139.624.51.1%
South Korea6.66.78.78.37.9%
Japan7.54.06.78.12.6%
Indonesia6.55.58.97.23.5%
Italy8.93.56.05.2-16.4%
Spain5.34.43.43.8-10.5%
Argentina4.11.11.61.1-35.5%
Others25.422.125.233.59.7%
Total14288.2140133-2.2%

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

  1. United States (322.2K tons)
  2. Netherlands (123.0K tons)
  3. Indonesia (53.0K tons)
  4. Japan (40.3K tons)
  5. South Korea (40.0K tons)
  6. Italy (39.3K tons)
  7. Spain (18.0K tons)
  8. Argentina (9.2K tons)

Imports of Barium Sulphate (Barytes); Natural in China

In 2022, overseas purchases of barium sulphate (barytes); naturals were finally on the rise to reach 80K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep contraction.

In value terms, barium sulphate (barytes); natural imports soared to $9M in 2022. In general, imports, however, showed a pronounced reduction.

Import of Barium Sulphate (Barytes); Natural in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain591622688361-15.2%
United States16113998.21630.4%
Japan1401631731440.9%
South Korea37.811276.080.728.8%
Netherlands51.041.557.559.25.1%
Germany84.110644.546.4-18.0%
United Kingdom26.527.920330.95.3%
Lao People's Democratic Republic7,405N/AN/AN/A0%
MyanmarN/A424297N/A-30.0%
Iran15341.5203N/A15.2%
Kyrgyzstan779N/AN/AN/A0%
Others73.67,0462,1458,070378.6%
Total9,5028,7223,9838,955-2.0%

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

  1. United Kingdom (undefinedK tons)
  2. Germany (undefinedK tons)
  3. Spain (0.4K tons)
  4. United States (0.2K tons)
  5. Netherlands (0.1K tons)
  6. Japan (0.1K tons)
  7. South Korea (0.1K tons)

Source: IndexBox Market Intelligence Platform

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