Price for Barium Sulphate (Barytes); Natural in Malaysia - 2021

Contents:

  1. Price for Barium Sulphate (Barytes); Natural in Malaysia (CIF) - 2021
  2. Price for Barium Sulphate (Barytes); Natural in Malaysia (FOB) - 2022
  3. Imports of Barium Sulphate (Barytes); Natural in Malaysia
  4. Exports of Barium Sulphate (Barytes); Natural in Malaysia

Price for Barium Sulphate (Barytes); Natural in Malaysia (CIF) - 2021

The average barium sulphate (barytes); natural import price stood at $185 per ton in December 2021, growing by 12% against the previous month. In general, the import price showed slight growth. The growth pace was the most rapid in October 2021 an increase of 84% month-to-month. The import price peaked at $438 per ton in August 2021; however, from September 2021 to December 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($564 per ton), while the price for India ($139 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average barium sulphate (barytes); natural export price amounted to $220 per ton, which is down by -11.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 18% against the previous year. As a result, the export price reached the peak level of $283 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($344 per ton), while the average price for exports to India ($142 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 Brunei Darussalam (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Barium Sulphate (Barytes); Natural in Malaysia

In 2022, approx. 77K tons of barium sulphate (barytes); naturals were imported into Malaysia; waning by -7.9% on 2021 figures. In general, imports showed a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 84K tons, and then reduced in the following year.

In value terms, barium sulphate (barytes); natural imports fell to $12M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $13M, and then declined in the following year.

Import of Barium Sulphate (Barytes); Natural in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam4.24.94.44.0-1.6%
India4.71.83.63.3-11.1%
China2.02.33.22.913.2%
Thailand1.31.92.01.811.5%
Others0.10.30.40.344.2%
Total12.411.213.512.40.0%

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

  1. Vietnam (30.1K tons)
  2. India (28.4K tons)
  3. Thailand (11.9K tons)
  4. China (5.9K tons)

Exports of Barium Sulphate (Barytes); Natural in Malaysia

In 2022, overseas shipments of barium sulphate (barytes); naturals were finally on the rise to reach 660 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic decrease.

In value terms, barium sulphate (barytes); natural exports skyrocketed to $145K in 2022. Over the period under review, exports, however, saw a dramatic contraction.

Export of Barium Sulphate (Barytes); Natural in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brunei Darussalam90.415493.912611.7%
India73.316.310.016.9-38.7%
Philippines113N/AN/AN/A0%
Others40.813.82.92.2-62.2%
Total318184107145-23.0%

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

  1. Brunei Darussalam (535.5 tons)
  2. India (118.4 tons)

Source: IndexBox Market Intelligence Platform

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