Sulphates; of Barium Price in India - 2023
Contents:
- Sulphates; of Barium Price in India (CIF) - 2023
- Sulphates; of Barium Price in India (FOB) - 2022
- Sulphates; of Barium Imports in India
- Sulphates; of Barium Exports in India
Sulphates; of Barium Price in India (CIF) - 2023
In July 2023, the average sulphates; of barium import price amounted to $710 per ton, rising by 24% against the previous month. Over the period under review, the import price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in May 2023 an increase of 32% m-o-m. Over the period under review, average import prices hit record highs at $1,034 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($3,934 per ton), while the price for China ($386 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Barium Price in India (FOB) - 2022
In 2022, the average sulphates; of barium export price amounted to $1,204 per ton, increasing by 7.5% against the previous year. Overall, the export price, however, continues to indicate a slight downturn. The growth pace was the most rapid in 2014 an increase of 54%. The export price peaked at $1,352 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,428 per ton), while the average price for exports to Egypt ($514 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 China (+51.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Barium Imports in India
For the fourth consecutive year, India recorded growth in overseas purchases of sulphates; of baria, which increased by 7.9% to 28K tons in 2022. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, sulphates; of barium imports rose markedly to $24M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sulphates; of Barium in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.7 | 9.6 | 13.8 | 15.1 | 15.9% |
| Malaysia | 1.0 | 0.9 | 1.7 | 1.9 | 23.9% |
| Italy | 0.4 | 0.6 | 1.1 | 1.2 | 44.2% |
| Others | 3.6 | 3.5 | 4.9 | 5.5 | 15.2% |
| Total | 14.7 | 14.7 | 21.6 | 23.7 | 17.3% |
Top Suppliers of Sulphates; of Barium to India in 2022:
- China (25.3K tons)
- Italy (1.1K tons)
- Malaysia (0.5K tons)
Sulphates; of Barium Exports in India
For the fourth year in a row, India recorded growth in overseas shipments of sulphates; of baria, which increased by 39% to 280 tons in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of barium exports skyrocketed to $337K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sulphates; of Barium in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 37.7 | 62.3 | 57.4 | 84.7 | 31.0% |
| United States | 1.2 | 0.6 | 56.4 | 83.2 | 310.8% |
| Nepal | 69.3 | 4.9 | 12.8 | 45.1 | -13.3% |
| Sri Lanka | 12.9 | 15.5 | 10.2 | 19.8 | 15.4% |
| Egypt | 6.0 | 4.1 | 11.0 | 16.2 | 39.2% |
| Uganda | 6.1 | 4.3 | 10.8 | 15.9 | 37.6% |
| Saudi Arabia | 17.2 | N/A | 3.2 | 10.6 | -14.9% |
| Others | 36.2 | 65.4 | 63.9 | 62.0 | 19.6% |
| Total | 187 | 157 | 226 | 337 | 21.7% |
Top Export Markets for Sulphates; of Barium from India in 2022:
- Bangladesh (104.6 tons)
- Nepal (49.3 tons)
- Egypt (31.5 tons)
- United States (24.3 tons)
- Sri Lanka (21.2 tons)
- Saudi Arabia (14.0 tons)
- Uganda (12.6 tons)
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