Price for Barium Sulphate (Barytes); Natural in Vietnam - 2021
Contents:
- Price for Barium Sulphate (Barytes); Natural in Vietnam (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Vietnam (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Vietnam
- Exports of Barium Sulphate (Barytes); Natural in Vietnam
Price for Barium Sulphate (Barytes); Natural in Vietnam (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $355 per ton in 2022, which is down by -3.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 10% against the previous year. Over the period under review, average import prices attained the maximum at $376 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($355 per ton) and Thailand ($355 per ton), while the price for China ($355 per ton) and South Korea ($355 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Vietnam (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $363 per ton in 2022, rising by 19% against the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 29%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($372 per ton), while the average price for exports to Indonesia totaled $356 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in Vietnam
In 2022, overseas purchases of barium sulphate (barytes); naturals decreased by -16.2% to 10K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of 12K tons, and then reduced remarkably in the following year.
In value terms, barium sulphate (barytes); natural imports shrank sharply to $3.6M in 2022. In general, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $4.5M, and then shrank remarkably in the following year.
| Import of Barium Sulphate (Barytes); Natural in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,676 | 2,346 | 2,741 | 2,281 | 10.8% |
| Thailand | 145 | 181 | 1,347 | 1,121 | 97.7% |
| South Korea | 111 | 130 | 156 | 130 | 5.4% |
| Lao People's Democratic Republic | 157 | N/A | 140 | N/A | -5.6% |
| Others | 145 | 106 | 120 | 102 | -11.1% |
| Total | 2,235 | 2,763 | 4,504 | 3,634 | 17.6% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Vietnam in 2022:
- China (6.4K tons)
- Thailand (3.2K tons)
- South Korea (0.4K tons)
Exports of Barium Sulphate (Barytes); Natural in Vietnam
After two years of decline, shipments abroad of barium sulphate (barytes); naturals increased by 22% to 5.3K tons in 2022. Over the period under review, exports, however, saw a sharp setback.
In value terms, barium sulphate (barytes); natural exports surged to $1.9M in 2022. In general, exports, however, showed a dramatic setback.
| Export of Barium Sulphate (Barytes); Natural in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.1 | 0.6 | 1.3 | 1.1 | -19.4% |
| Malaysia | 2.6 | 0.4 | N/A | 0.8 | -32.5% |
| United Arab Emirates | N/A | 1.4 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 4.7 | 2.5 | 1.3 | 1.9 | -26.1% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Vietnam in 2022:
- Indonesia (3.1K tons)
- Malaysia (2.2K tons)
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