Price for Barium Sulphate (Barytes); Natural in Guatemala - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Guatemala (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Guatemala (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Guatemala
- Exports of Barium Sulphate (Barytes); Natural in Guatemala
Price for Barium Sulphate (Barytes); Natural in Guatemala (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $872 per ton in 2022, with a decrease of -16.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $1,585 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Canada ($2,663 per ton), while the price for Peru ($396 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%).
Price for Barium Sulphate (Barytes); Natural in Guatemala (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $711 per ton in 2022, growing by 158% against the previous year. In general, the export price continues to indicate a remarkable increase. The export price peaked at $1,147 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +32.0% per year.
Imports of Barium Sulphate (Barytes); Natural in Guatemala
In 2022, approx. 36 tons of barium sulphate (barytes); naturals were imported into Guatemala; with an increase of 215% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt decline.
In value terms, barium sulphate (barytes); natural imports skyrocketed to $31K in 2022. In general, imports, however, showed a abrupt shrinkage.
Import of Barium Sulphate (Barytes); Natural in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.3 | 6.3 | 11.9 | 19.1 | 12.8% |
Peru | N/A | N/A | N/A | 8.8 | 0% |
Canada | N/A | N/A | N/A | 3.4 | 0% |
Mexico | 39.9 | N/A | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
Total | 53.2 | 6.4 | 11.9 | 31.4 | -16.1% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Guatemala in 2022:
- Peru (22.4 tons)
- United States (12.4 tons)
- Canada (1.3 tons)
Exports of Barium Sulphate (Barytes); Natural in Guatemala
In 2022, overseas shipments of barium sulphate (barytes); naturals decreased by -84.1% to 19 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 36,479% against the previous year. As a result, the exports reached the peak of 119 tons, and then shrank significantly in the following year.
In value terms, barium sulphate (barytes); natural exports reduced sharply to $13K in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 8,691%. As a result, the exports reached the peak of $33K, and then declined sharply in the following year.
Export of Barium Sulphate (Barytes); Natural in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Panama | N/A | N/A | 13.5 | 0% | |
Belize | N/A | 7.9 | N/A | 0% | |
Mexico | N/A | 25.0 | N/A | 0% | |
Others | 0.4 | N/A | N/A | 0% | |
Total | 0.4 | 32.9 | 13.5 | 480.9% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Guatemala in 2022:
- Panama (18.9 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.
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