Price for Barium Sulphate (Barytes); Natural in Morocco - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Morocco (FOB) - 2022
- Price for Barium Sulphate (Barytes); Natural in Morocco (CIF) - 2022
- Exports of Barium Sulphate (Barytes); Natural in Morocco
- Imports of Barium Sulphate (Barytes); Natural in Morocco
Price for Barium Sulphate (Barytes); Natural in Morocco (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $103 per ton in December 2022, falling by -2.3% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 33% against the previous month. As a result, the export price attained the peak level of $138 per ton. From November 2022 to December 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($114 per ton), while the average price for exports to Egypt ($75.0 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Barium Sulphate (Barytes); Natural in Morocco (CIF) - 2022
In December 2022, the average barium sulphate (barytes); natural import price amounted to $586 per ton, picking up by 6.3% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in August 2022 an increase of 9.5% m-o-m. As a result, import price reached the peak level of $614 per ton. From September 2022 to December 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the countries with the highest prices were the Netherlands ($686 per ton) and Spain ($684 per ton), while the price for China ($548 per ton) and Turkey ($560 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Barium Sulphate (Barytes); Natural in Morocco
In 2022, the amount of barium sulphate (barytes); naturals exported from Morocco expanded rapidly to 1.2M tons, picking up by 8.5% compared with the previous year's figure. Over the period under review, exports continue to indicate a tangible increase. The pace of growth was the most pronounced in 2021 when exports increased by 163%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, barium sulphate (barytes); natural exports skyrocketed to $116M in 2022. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 155% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Barium Sulphate (Barytes); Natural in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.3 | 2.4 | 40.5 | 45.2 | -0.1% |
| Argentina | 7.0 | 3.1 | 12.7 | 16.4 | 32.8% |
| Mexico | N/A | N/A | 2.5 | 9.6 | 284.0% |
| Spain | 4.1 | 4.9 | 6.5 | 7.9 | 24.4% |
| Netherlands | 11.4 | 7.3 | 6.4 | 7.1 | -14.6% |
| Norway | 5.4 | 5.1 | 8.1 | 5.1 | -1.9% |
| Trinidad and Tobago | 2.1 | 2.5 | 2.8 | 3.7 | 20.8% |
| Egypt | N/A | 1.2 | N/A | 1.9 | 25.8% |
| Colombia | N/A | 0.5 | 2.6 | 1.9 | 94.9% |
| Turkey | 0.1 | 0.1 | 0.7 | 1.7 | 157.1% |
| Tunisia | 3.6 | 1.4 | N/A | 1.1 | -32.6% |
| United Kingdom | 2.4 | 1.7 | 2.8 | N/A | 8.0% |
| Others | 17.1 | 8.4 | 13.1 | 14.2 | -6.0% |
| Total | 98.5 | 38.8 | 98.8 | 116 | 5.6% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Morocco in 2022:
- United States (476.6K tons)
- Argentina (151.3K tons)
- Mexico (122.6K tons)
- Netherlands (84.2K tons)
- Spain (70.4K tons)
- Norway (46.6K tons)
- Trinidad and Tobago (42.0K tons)
- Egypt (25.8K tons)
- Turkey (21.6K tons)
- Colombia (19.0K tons)
- Tunisia (14.6K tons)
- United Kingdom (0.2K tons)
Imports of Barium Sulphate (Barytes); Natural in Morocco
In 2022, approx. 3.1K tons of barium sulphate (barytes); naturals were imported into Morocco; waning by -10.1% on the previous year. Over the period under review, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 30%.
In value terms, barium sulphate (barytes); natural imports contracted to $1.7M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, imports attained the peak of $1.8M, and then shrank in the following year.
| Import of Barium Sulphate (Barytes); Natural in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,182 | 839 | 1,010 | 691 | -16.4% |
| Turkey | N/A | 1.7 | 128 | 539 | 1680.6% |
| Spain | 325 | 322 | 474 | 338 | 1.3% |
| Netherlands | 59.2 | 60.4 | 96.3 | 109 | 22.6% |
| Others | 86.7 | 45.6 | 79.4 | 1.1 | -76.7% |
| Total | 1,653 | 1,268 | 1,788 | 1,679 | 0.5% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Morocco in 2022:
- China (1376.5 tons)
- Turkey (1086.0 tons)
- Spain (513.0 tons)
- Netherlands (162.0 tons)
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