Price for Barium Sulphate (Barytes); Natural in Egypt - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Egypt (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Egypt (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Egypt
- Exports of Barium Sulphate (Barytes); Natural in Egypt
Price for Barium Sulphate (Barytes); Natural in Egypt (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $406 per ton in 2022, rising by 7.4% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 import price increased by +71.9% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 38%. The import price peaked at $544 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($406 per ton) and Turkey ($406 per ton), while the price for China ($406 per ton) and Germany ($406 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Barium Sulphate (Barytes); Natural in Egypt (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $543 per ton in 2022, with an increase of 9.7% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 132% against the previous year. Over the period under review, the average export prices reached the maximum at $579 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($627 per ton), while the average price for exports to New Zealand stood at $534 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+74.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Egypt
In 2022, purchases abroad of barium sulphate (barytes); naturals was finally on the rise to reach 15K tons after two years of decline. In general, imports, however, faced a deep contraction.
In value terms, barium sulphate (barytes); natural imports soared to $6M in 2022. Over the period under review, imports, however, showed a abrupt contraction.
Import of Barium Sulphate (Barytes); Natural in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.5 | 4.0 | 1.4 | 5.3 | -10.9% |
Netherlands | 0.1 | 0.7 | N/A | 0.3 | 44.2% |
China | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
Spain | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
Morocco | N/A | 2.4 | N/A | N/A | 0% |
Others | 0.4 | N/A | 0.1 | 0.1 | -37.0% |
Total | 8.7 | 7.7 | 2.0 | 6.0 | -11.6% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Egypt in 2022:
- Turkey (13.2K tons)
- Netherlands (0.7K tons)
- China (0.4K tons)
- Spain (0.3K tons)
Exports of Barium Sulphate (Barytes); Natural in Egypt
In 2022, shipments abroad of barium sulphate (barytes); naturals was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic decline.
In value terms, barium sulphate (barytes); natural exports soared to $632K in 2022. In general, exports, however, faced a dramatic descent.
Export of Barium Sulphate (Barytes); Natural in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 10.9 | N/A | N/A | 560 | 271.8% |
Australia | N/A | N/A | N/A | 71.1 | 0% |
Nigeria | 1,217 | N/A | N/A | N/A | 0% |
Zambia | N/A | 775 | N/A | N/A | 0% |
Kuwait | N/A | N/A | 85.3 | N/A | 0% |
Singapore | N/A | N/A | 203 | N/A | 0% |
Others | 5.3 | N/A | 200 | 0.4 | -57.7% |
Total | 1,233 | 775 | 488 | 632 | -20.0% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Egypt in 2022:
- New Zealand (1048.2 tons)
- Australia (113.6 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...