Sulphates; of Barium Price in the UK - 2023
Contents:
- Sulphates; of Barium Price in the UK (CIF) - 2023
- Sulphates; of Barium Price in the UK (FOB) - 2022
- Sulphates; of Barium Imports in the UK
- Sulphates; of Barium Exports in the UK
Sulphates; of Barium Price in the UK (CIF) - 2023
The average sulphates; of barium import price stood at $1,833 per ton in June 2023, falling by -23.7% against the previous month. Overall, the import price showed a mild decrease. The growth pace was the most rapid in October 2022 when the average import price increased by 90% against the previous month. Over the period under review, average import prices hit record highs at $2,856 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,010 per ton), while the price for China ($454 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ireland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Barium Price in the UK (FOB) - 2022
In 2022, the average sulphates; of barium export price amounted to $2,428 per ton, growing by 41% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of barium export price increased by +74.5% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 72% against the previous year. The export price peaked at $3,026 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($7,941 per ton), while the average price for exports to South Africa ($1,323 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 the United Arab Emirates (+46.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Barium Imports in the UK
In 2022, sulphates; of barium imports into the UK shrank dramatically to 5K tons, declining by -70.1% on 2021 figures. Overall, imports, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by 329% against the previous year. As a result, imports attained the peak of 17K tons, and then declined sharply in the following year.
In value terms, sulphates; of barium imports shrank significantly to $11M in 2022. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 421% against the previous year. As a result, imports reached the peak of $42M, and then reduced remarkably in the following year.
| Import of Sulphates; of Barium in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.2 | 7.5 | 41.9 | 9.0 | 3.2% |
| Italy | 0.1 | 0.2 | 0.2 | 1.3 | 135.1% |
| China | 0.3 | 0.3 | 0.1 | 0.6 | 26.0% |
| Others | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Total | 8.6 | 8.1 | 42.2 | 11.1 | 8.9% |
Top Suppliers of Sulphates; of Barium to the UK in 2022:
- Germany (3.2K tons)
- Italy (1.0K tons)
- China (0.7K tons)
Sulphates; of Barium Exports in the UK
In 2022, after three years of growth, there was significant decline in overseas shipments of sulphates; of baria, when their volume decreased by -60.2% to 70 tons. Overall, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of 175 tons, and then contracted notably in the following year.
In value terms, sulphates; of barium exports fell significantly to $169K in 2022. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 75%.
| Export of Sulphates; of Barium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 21.6 | 11.6 | 19.7 | 56.7 | 37.9% |
| South Africa | 1.2 | 8.5 | 53.3 | 52.9 | 253.3% |
| Kenya | N/A | 21.8 | N/A | 14.0 | -19.9% |
| Ireland | 4.5 | 40.3 | 44.5 | 12.1 | 39.1% |
| India | N/A | N/A | N/A | 9.6 | 0% |
| Netherlands | N/A | N/A | 9.8 | 2.2 | -77.6% |
| Spain | 16.9 | 4.0 | 22.3 | N/A | 14.9% |
| Germany | 18.6 | 22.2 | N/A | N/A | 19.4% |
| Malaysia | 26.5 | N/A | 22.0 | N/A | -8.9% |
| United States | N/A | 64.0 | 83.0 | N/A | 29.7% |
| Others | 15.8 | 11.3 | 47.3 | 21.6 | 11.0% |
| Total | 105 | 184 | 302 | 169 | 17.2% |
Top Export Markets for Sulphates; of Barium from the UK in 2022:
- South Africa (40.0 tons)
- Bangladesh (17.6 tons)
- Kenya (6.1 tons)
- India (1.7 tons)
- Ireland (1.5 tons)
- Netherlands (1.4 tons)
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