Sulphates; of Barium Price in South Korea - 2022

Contents:

  1. Sulphates; of Barium Price in South Korea (CIF) - 2022
  2. Sulphates; of Barium Price in South Korea (FOB) - 2022
  3. Sulphates; of Barium Imports in South Korea
  4. Sulphates; of Barium Exports in South Korea

Sulphates; of Barium Price in South Korea (CIF) - 2022

The average sulphates; of barium import price stood at $967 per ton in 2022, shrinking by -6.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 19%. As a result, import price attained the peak level of $1,247 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,853 per ton), while the price for China ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphates; of Barium Price in South Korea (FOB) - 2022

The average sulphates; of barium export price stood at $1,306 per ton in 2022, declining by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices hit record highs at $1,556 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($2,800 per ton), while the average price for exports to China ($871 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 Indonesia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Barium Imports in South Korea

In 2022, sulphates; of barium imports into South Korea reached 6.1K tons, approximately reflecting 2021. In general, imports, however, showed a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 4.7%.

In value terms, sulphates; of barium imports declined to $5.9M in 2022. Overall, imports, however, saw a noticeable setback. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year.

Import of Sulphates; of Barium in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.13.13.33.10.0%
Japan1.00.81.21.13.2%
Germany1.30.90.90.9-11.5%
Italy0.60.50.50.5-5.9%
Others0.30.30.30.2-12.6%
Total6.35.56.25.9-2.2%

Top Suppliers of Sulphates; of Barium to South Korea in 2022:

  1. China (4.4K tons)
  2. Germany (0.7K tons)
  3. Japan (0.4K tons)
  4. Italy (0.4K tons)

Sulphates; of Barium Exports in South Korea

In 2022, overseas shipments of sulphates; of baria increased by 39% to 191 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic decrease.

In value terms, sulphates; of barium exports surged to $250K in 2022. Overall, exports, however, recorded a dramatic slump.

Export of Sulphates; of Barium in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran17.477.473.071.960.5%
Japan19851.834.157.1-33.9%
China50.181.838.537.9-8.9%
Vietnam10545.420.134.2-31.2%
Indonesia55.218.75.915.6-34.4%
Uzbekistan63.618.10.515.3-37.8%
Pakistan44.64.82.810.0-39.2%
India21.50.67.06.9-31.5%
Others9.016.42.61.0-51.9%
Total564315185250-23.8%

Top Export Markets for Sulphates; of Barium from South Korea in 2022:

  1. Japan (47.5 tons)
  2. China (43.5 tons)
  3. Vietnam (30.1 tons)
  4. Iran (25.7 tons)
  5. Uzbekistan (16.9 tons)
  6. Indonesia (15.2 tons)
  7. India (6.6 tons)
  8. Pakistan (5.6 tons)

Source: IndexBox Market Intelligence Platform

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