Sulphates; of Barium Price in Hong Kong SAR - 2023

Contents:

  1. Sulphates; of Barium Price in Hong Kong SAR (FOB) - 2023
  2. Sulphates; of Barium Price in Hong Kong SAR (CIF) - 2023
  3. Sulphates; of Barium Exports in Hong Kong SAR
  4. Sulphates; of Barium Imports in Hong Kong SAR

Sulphates; of Barium Price in Hong Kong SAR (FOB) - 2023

In June 2023, the average sulphates; of barium export price amounted to $5,180 per ton, rising by 78% against the previous month. Over the period under review, the export price, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in December 2022 an increase of 127% m-o-m. As a result, the export price attained the peak level of $11,383 per ton. From January 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -2.8% per month.

Sulphates; of Barium Price in Hong Kong SAR (CIF) - 2023

In June 2023, the average sulphates; of barium import price amounted to $5,150 per ton, growing by 81% against the previous month. Overall, the import price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in April 2023 an increase of 351% month-to-month. Over the period under review, average import prices reached the peak figure at $7,210 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +729.7% per month.

Sulphates; of Barium Exports in Hong Kong SAR

In 2022, the amount of sulphates; of baria exported from Hong Kong SAR dropped sharply to 326 tons, with a decrease of -48.3% against the previous year's figure. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, the exports reached the peak of 630 tons, and then declined remarkably in the following year.

In value terms, sulphates; of barium exports declined markedly to $2M in 2022. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 111%. As a result, the exports reached the peak of $2.8M, and then dropped rapidly in the following year.

Export of Sulphates; of Barium in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.61.32.82.0-8.4%
OthersN/AN/AN/AN/A0%
Total2.61.32.82.0-8.4%

Top Export Markets for Sulphates; of Barium from Hong Kong SAR in 2022:

  1. China (325.7 tons)

Sulphates; of Barium Imports in Hong Kong SAR

Sulphates; of barium imports into Hong Kong SAR shrank notably to 317 tons in 2022, waning by -57% compared with the previous year. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of 738 tons, and then dropped significantly in the following year.

In value terms, sulphates; of barium imports reduced sharply to $1.8M in 2022. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year.

Import of Sulphates; of Barium in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.61.92.41.8-11.5%
ChinaN/A0.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total2.62.02.51.8-11.5%

Top Suppliers of Sulphates; of Barium to Hong Kong SAR in 2022:

  1. Japan (310.6 tons)
  2. China (6.7 tons)

Source: IndexBox Market Intelligence Platform

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