Sulphates; of Barium Price in Turkey - 2023
Contents:
- Sulphates; of Barium Price in Turkey (CIF) - 2023
- Sulphates; of Barium Price in Turkey (FOB) - 2022
- Sulphates; of Barium Imports in Turkey
- Sulphates; of Barium Exports in Turkey
Sulphates; of Barium Price in Turkey (CIF) - 2023
In July 2023, the average sulphates; of barium import price amounted to $757 per ton, reducing by -26.9% against the previous month. Overall, the import price saw a pronounced descent. The growth pace was the most rapid in August 2022 an increase of 155% month-to-month. As a result, import price attained the peak level of $2,643 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,264 per ton), while the price for China ($484 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 Germany (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Barium Price in Turkey (FOB) - 2022
The average sulphates; of barium export price stood at $660 per ton in 2022, with a decrease of -16.3% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of 115%. Over the period under review, the average export prices hit record highs at $869 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($1,296 per ton), while the average price for exports to Uzbekistan ($375 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 Free Zones (+66.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Barium Imports in Turkey
In 2022, approx. 6.6K tons of sulphates; of baria were imported into Turkey; shrinking by -13.8% compared with 2021 figures. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 12%.
In value terms, sulphates; of barium imports shrank to $7.7M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of $8.4M, and then fell in the following year.
| Import of Sulphates; of Barium in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 3.0 | 3.3 | 3.8 | 3.8% |
| Germany | 3.0 | 2.2 | 4.3 | 3.3 | 3.2% |
| Italy | 0.7 | 0.3 | 0.4 | 0.5 | -10.6% |
| Spain | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 7.2 | 5.7 | 8.4 | 7.7 | 2.3% |
Top Suppliers of Sulphates; of Barium to Turkey in 2022:
- China (4.5K tons)
- Germany (1.5K tons)
- Italy (0.3K tons)
- Spain (0.2K tons)
Sulphates; of Barium Exports in Turkey
In 2022, sulphates; of barium exports from Turkey surged to 69 tons, picking up by 28% compared with the previous year. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; of barium exports reached $46K in 2022. In general, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 127%.
| Export of Sulphates; of Barium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 6.4 | 1.0 | 20.7 | 79.8% |
| Ukraine | N/A | N/A | N/A | 7.9 | 0% |
| Azerbaijan | 0.2 | 0.4 | 7.5 | 7.3 | 231.7% |
| Tajikistan | N/A | N/A | N/A | 2.7 | 0% |
| Uzbekistan | 23.5 | N/A | 2.0 | 2.6 | -52.0% |
| Albania | N/A | N/A | N/A | 1.5 | 0% |
| Ethiopia | 0.2 | 2.1 | 0.7 | 0.6 | 44.2% |
| Iran | 1.2 | N/A | 0.3 | 0.4 | -30.7% |
| Nigeria | N/A | 0.8 | N/A | N/A | 0% |
| North Macedonia | 4.0 | N/A | 6.8 | N/A | 30.4% |
| Tanzania | N/A | N/A | 1.4 | N/A | 0% |
| Italy | 30.5 | 5.9 | 12.2 | N/A | -36.8% |
| Others | N/A | 3.3 | 11.0 | 2.1 | -20.2% |
| Total | 59.6 | 18.8 | 42.8 | 45.8 | -8.4% |
Top Export Markets for Sulphates; of Barium from Turkey in 2022:
- Russia (24.0 tons)
- Ukraine (18.9 tons)
- Uzbekistan (7.0 tons)
- Azerbaijan (5.6 tons)
- Tajikistan (5.4 tons)
- Albania (3.4 tons)
- Ethiopia (1.2 tons)
- Iran (1.0 tons)
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