Price for Barium Sulphate (Barytes); Natural in Kuwait - 2021
Contents:
- Price for Barium Sulphate (Barytes); Natural in Kuwait (CIF) - 2021
- Price for Barium Sulphate (Barytes); Natural in Kuwait (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Kuwait
- Exports of Barium Sulphate (Barytes); Natural in Kuwait
Price for Barium Sulphate (Barytes); Natural in Kuwait (CIF) - 2021
The average barium sulphate (barytes); natural import price stood at $41.9 per ton in December 2021, leveling off at the previous month. In general, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in April 2021 when the average import price increased by 113% against the previous month. Over the period under review, average import prices attained the peak figure at $114 per ton in June 2021; however, from July 2021 to December 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Iran.
From January 2021 to December 2021, the rate of growth in terms of prices for India amounted to 0.0% per month.
Price for Barium Sulphate (Barytes); Natural in Kuwait (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $212 per ton in 2022, with an increase of 4.6% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2017 an increase of 23% against the previous year. Over the period under review, the average export prices attained the maximum at $278 per ton in 2015; however, from 2016 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 Saudi Arabia ($291 per ton), while the average price for exports to Qatar ($149 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 Egypt (+34.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Kuwait
In 2022, imports of barium sulphate (barytes); naturals into Kuwait skyrocketed to 206K tons, with an increase of 25% on 2021. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, barium sulphate (barytes); natural imports soared to $21M in 2022. Overall, imports, however, recorded a slight downturn.
| Import of Barium Sulphate (Barytes); Natural in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.0 | 12.3 | 5.4 | 7.6 | -8.7% |
| Pakistan | 2.6 | 4.7 | 4.6 | 5.4 | 27.6% |
| Norway | 2.5 | 4.2 | 2.6 | 3.5 | 11.9% |
| Saudi Arabia | 1.6 | 2.7 | 1.7 | 2.4 | 14.5% |
| Iran | 0.2 | 0.3 | 1.0 | 1.1 | 76.5% |
| Vietnam | 0.4 | 0.8 | 0.5 | 0.7 | 20.5% |
| Lao People's Democratic Republic | 3.7 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.8 | 0.4 | 0.3 | -27.9% |
| Total | 21.8 | 25.8 | 16.1 | 20.9 | -1.4% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Kuwait in 2022:
- India (93.0K tons)
- Pakistan (53.0K tons)
- Iran (22.4K tons)
- Norway (19.8K tons)
- Saudi Arabia (10.6K tons)
- Vietnam (5.8K tons)
Exports of Barium Sulphate (Barytes); Natural in Kuwait
In 2022, barium sulphate (barytes); natural exports from Kuwait shrank markedly to 423 tons, reducing by -20.7% on the previous year. Over the period under review, exports faced a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year.
In value terms, barium sulphate (barytes); natural exports fell sharply to $90K in 2022. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 52%.
| Export of Barium Sulphate (Barytes); Natural in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.0 | 12.0 | 66.7 | 56.1 | 77.7% |
| Qatar | 153 | 38.6 | 29.6 | 23.0 | -46.8% |
| Saudi Arabia | 22.9 | 6.8 | 12.2 | 10.9 | -21.9% |
| Jordan | N/A | 14.0 | N/A | N/A | 0% |
| Iraq | 3.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 189 | 71.4 | 108 | 90.0 | -21.9% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Kuwait in 2022:
- United Arab Emirates (231.5 tons)
- Qatar (154.6 tons)
- Saudi Arabia (37.4 tons)
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