Price for Barium Sulphate (Barytes); Natural in Uzbekistan - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Uzbekistan (CIF) - 2023
- Imports of Barium Sulphate (Barytes); Natural in Uzbekistan
Price for Barium Sulphate (Barytes); Natural in Uzbekistan (CIF) - 2023
In May 2023, the average barium sulphate (barytes); natural import price amounted to $151 per ton, surging by 23% against the previous month. Over the period under review, import price indicated a modest expansion from May 2022 to May 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, barium sulphate (barytes); natural import price increased by +23.2% against April 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 70% m-o-m. As a result, import price attained the peak level of $232 per ton. From December 2022 to May 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From May 2022 to May 2023, the rate of growth in terms of prices for Kyrgyzstan amounted to +8.0% per month.
Imports of Barium Sulphate (Barytes); Natural in Uzbekistan
For the fourth consecutive year, Uzbekistan recorded growth in overseas purchases of barium sulphate (barytes); naturals, which increased by 106% to 11K tons in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports soared to $1.6M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Barium Sulphate (Barytes); Natural in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 239 | 394 | 382 | 1,343 | 77.8% |
Kyrgyzstan | 63.8 | 37.2 | 154 | 147 | 32.1% |
Iran | 22.7 | 28.9 | 36.1 | 36.2 | 16.8% |
China | 154 | 188 | 213 | 13.7 | -55.4% |
Others | 47.2 | 59.9 | 122 | 47.0 | -0.1% |
Total | 527 | 708 | 907 | 1,587 | 44.4% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Uzbekistan in 2022:
- China (undefinedK tons)
- Kazakhstan (9.8K tons)
- Kyrgyzstan (1.1K tons)
- Iran (0.3K 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...
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