Price for Barium Sulphate (Barytes); Natural in Norway - 2023

Contents:

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

Price for Barium Sulphate (Barytes); Natural in Norway (CIF) - 2022

In 2022, the average barium sulphate (barytes); natural import price amounted to $192 per ton, picking up by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.4% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($369 per ton), while the price for Morocco ($156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average barium sulphate (barytes); natural export price stood at $673 per ton in 2022, with an increase of 56% against the previous year. In general, the export price, however, continues to indicate a slight decrease. Over the period under review, the average export prices attained the maximum at $922 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($679 per ton), while the average price for exports to Sweden stood at $283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Barium Sulphate (Barytes); Natural in Norway

Barium sulphate (barytes); natural imports into Norway declined sharply to 101K tons in 2022, with a decrease of -27.2% on the previous year. Over the period under review, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of 138K tons, and then reduced markedly in the following year.

In value terms, barium sulphate (barytes); natural imports dropped markedly to $19M in 2022. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of $25M, and then shrank significantly in the following year.

Import of Barium Sulphate (Barytes); Natural in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.011.712.610.1-8.1%
Morocco6.66.09.47.33.4%
Turkey1.32.12.51.913.5%
Others0.20.70.3N/A22.5%
Total21.120.624.819.3-2.9%

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

  1. Netherlands (48.7K tons)
  2. Morocco (46.6K tons)
  3. Turkey (5.2K tons)

Exports of Barium Sulphate (Barytes); Natural in Norway

In 2022, the amount of barium sulphate (barytes); naturals exported from Norway reduced sharply to 487 tons, which is down by -83.9% against 2021. Overall, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 19%.

In value terms, barium sulphate (barytes); natural exports dropped rapidly to $328K in 2022. In general, exports saw a dramatic downturn. The smallest decline of -35.7% was in 2021.

Export of Barium Sulphate (Barytes); Natural in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,2341,260177325-35.9%
Sweden1.71.52.02.29.0%
Kuwait940N/AN/AN/A0%
Cameroon602N/AN/AN/A0%
India520194N/AN/A-62.7%
GuyanaN/AN/A148N/A0%
Denmark644N/AN/AN/A0%
Netherlands736374598N/A-9.9%
United StatesN/A170382N/A124.7%
OthersN/A33.0N/AN/A0%
Total4,6782,0331,306328-58.8%

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

  1. United Kingdom (479.2 tons)
  2. Sweden (7.7 tons)

Source: IndexBox Market Intelligence Platform

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