Price for Barium Sulphate (Barytes); Natural in Tanzania - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Tanzania (CIF) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Tanzania
Price for Barium Sulphate (Barytes); Natural in Tanzania (CIF) - 2022
In 2022, the average barium sulphate (barytes); natural import price amounted to $790 per ton, jumping by 109% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +8.0% per year.
Imports of Barium Sulphate (Barytes); Natural in Tanzania
In 2022, the amount of barium sulphate (barytes); naturals imported into Tanzania fell notably to 17 tons, reducing by -95.2% against the previous year's figure. Overall, imports faced a deep contraction. The growth pace was the most rapid in 2021 with an increase of 1,377%. As a result, imports reached the peak of 356 tons, and then shrank notably in the following year.
In value terms, barium sulphate (barytes); natural imports dropped markedly to $14K in 2022. In general, imports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,171%. As a result, imports reached the peak of $135K, and then dropped dramatically in the following year.
Import of Barium Sulphate (Barytes); Natural in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.0 | 0.9 | 6.7 | 13.6 | 138.7% |
China | 0.1 | 0.4 | 11.6 | N/A | 977.0% |
United Kingdom | 9.8 | 7.6 | 43.5 | N/A | 110.7% |
United Arab Emirates | 0.2 | 0.7 | 53.3 | N/A | 1532.5% |
Others | 1.1 | 1.1 | 19.5 | N/A | 321.0% |
Total | 12.2 | 10.6 | 135 | 13.6 | 3.7% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Tanzania in 2022:
- India (17.2 tons)
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In 2020, the global baryte market fell by 15%, hampered by a severe decline seen in the oil industry, which currently consumes 80% of the total baryte output. India remained the only country to maintain 2019 production figures. While the oil industry is set to operate at minimum production levels in the medium term, alternative chemical, coating, and construction baryte applications may emerge as market drivers.
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In 2020, the global baryte market fell by 15%, hampered by a severe decline seen in the oil industry, which currently consumes 80% of the total baryte output. India remained the only country to maintain 2019 production figures. While the oil industry is set to operate at minimum production levels in the medium term, alternative chemical, coating, and construction baryte applications may emerge as market drivers.
In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...
In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...