Sulphates; of Barium Price in Vietnam - 2022

Contents:

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

Sulphates; of Barium Price in Vietnam (CIF) - 2022

In 2022, the average sulphates; of barium import price amounted to $1,245 per ton, with an increase of 3.6% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 import price decreased by -6.6% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 56% against the previous year. The import price peaked at $1,333 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($1,581 per ton) and Germany ($1,581 per ton), while the price for China ($1,209 per ton) and Japan ($1,256 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Barium Price in Vietnam (FOB) - 2022

The average sulphates; of barium export price stood at $930 per ton in 2022, with an increase of 42% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 57% against the previous year. Over the period under review, the average export prices reached the maximum at $1,031 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($1,297 per ton) and Singapore ($1,181 per ton), while the average price for exports to Indonesia ($915 per ton) and New Zealand ($925 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Barium Imports in Vietnam

Sulphates; of barium imports into Vietnam declined rapidly to 7K tons in 2022, reducing by -15.4% compared with the year before. Over the period under review, imports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of 8.3K tons, and then contracted rapidly in the following year.

In value terms, sulphates; of barium imports shrank to $8.8M in 2022. The total import value increased at an average annual rate of +2.1% over the period 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 when imports increased by 33%. As a result, imports attained the peak of $10M, and then fell in the following year.

Import of Sulphates; of Barium in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.66.18.47.64.8%
Italy0.80.80.80.6-9.1%
Germany0.30.30.30.2-12.6%
Japan0.10.20.20.10.0%
Others0.40.20.20.2-20.6%
Total8.27.510.08.82.4%

Top Suppliers of Sulphates; of Barium to Vietnam in 2022:

  1. China (6.3K tons)
  2. Italy (0.4K tons)
  3. Germany (0.2K tons)
  4. Japan (0.1K tons)

Sulphates; of Barium Exports in Vietnam

After two years of decline, shipments abroad of sulphates; of baria increased by 1.2% to 1.7 tons in 2022. In general, exports, however, faced a abrupt decrease.

In value terms, sulphates; of barium exports surged to $1.6K in 2022. Overall, exports, however, saw a deep downturn.

Export of Sulphates; of Barium in Vietnam (USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand2,3931,6848971,256-19.3%
Indonesia383313194316-6.2%
Cambodia70.017.021.031.0-23.8%
Others65.010917.023.0-29.3%
Total2,9112,1231,1291,626-17.6%

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

  1. New Zealand (1357.0 kg)
  2. Indonesia (346.0 kg)
  3. Cambodia (30.0 kg)

Source: IndexBox Market Intelligence Platform

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