Price for Barium Sulphate (Barytes); Natural in Pakistan - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Pakistan (FOB) - 2022
- Price for Barium Sulphate (Barytes); Natural in Pakistan (CIF) - 2022
- Exports of Barium Sulphate (Barytes); Natural in Pakistan
- Imports of Barium Sulphate (Barytes); Natural in Pakistan
Price for Barium Sulphate (Barytes); Natural in Pakistan (FOB) - 2022
In 2022, the average barium sulphate (barytes); natural export price amounted to $81 per ton, increasing by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 28%. As a result, the export price reached the peak level of $141 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($124 per ton), while the average price for exports to Kuwait ($67 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 the United Arab Emirates (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Barium Sulphate (Barytes); Natural in Pakistan (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $265 per ton in 2022, reducing by -40% against the previous year. In general, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 46%. The import price peaked at $441 per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($365 per ton), while the price for China ($235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+25.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Barium Sulphate (Barytes); Natural in Pakistan
After three years of growth, shipments abroad of barium sulphate (barytes); naturals decreased by -51.9% to 66K tons in 2022. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 137K tons, and then declined remarkably in the following year.
In value terms, barium sulphate (barytes); natural exports fell significantly to $5.3M in 2022. Over the period under review, exports, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, the exports attained the peak of $9.9M, and then reduced markedly in the following year.
| Export of Barium Sulphate (Barytes); Natural in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 0.8 | 1.6 | 5.1 | 2.8 | 51.8% |
| United Arab Emirates | 2.1 | 3.1 | 2.8 | 1.7 | -6.8% |
| Oman | 1.3 | 1.7 | 0.8 | 0.8 | -14.9% |
| United States | 0.6 | N/A | 1.0 | N/A | 29.1% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 4.9 | 6.5 | 9.9 | 5.3 | 2.7% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Pakistan in 2022:
- Kuwait (41.8K tons)
- United Arab Emirates (13.6K tons)
- Oman (10.1K tons)
Imports of Barium Sulphate (Barytes); Natural in Pakistan
In 2022, the amount of barium sulphate (barytes); naturals imported into Pakistan skyrocketed to 878 tons, picking up by 23% on the previous year's figure. Over the period under review, imports, however, showed a precipitous decrease.
In value terms, barium sulphate (barytes); natural imports shrank notably to $232K in 2022. Overall, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 31%.
| Import of Barium Sulphate (Barytes); Natural in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 191 | 111 | 146 | 109 | -17.1% |
| Japan | 126 | 91.0 | 127 | 92.5 | -9.8% |
| Turkey | 21.2 | 21.2 | 42.2 | 30.6 | 13.0% |
| India | 60.4 | N/A | N/A | N/A | 0% |
| Oman | 28.0 | N/A | N/A | N/A | 0% |
| Others | 11.9 | 18.0 | N/A | N/A | 51.3% |
| Total | 438 | 241 | 315 | 232 | -19.1% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Pakistan in 2022:
- China (465.1 tons)
- Japan (328.9 tons)
- Turkey (84.0 tons)
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