MERCOSUR: Baryte Market 2024

Baryte Market Size in MERCOSUR

In 2022, the MERCOSUR baryte market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Baryte Production in MERCOSUR

In value terms, baryte production dropped modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Baryte Exports

Exports in MERCOSUR

In 2022, the amount of barytes exported in MERCOSUR surged to X tons, with an increase of X% against the previous year. Over the period under review, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, baryte exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. The following exporters - Ecuador (X tons), Brazil (X tons) and Colombia (X tons) - together made up X% of total exports.

Exports from Peru decreased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Peru saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) remains the largest baryte supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

In Peru, baryte exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Baryte Imports

Imports in MERCOSUR

In 2022, purchases abroad of barytes increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, baryte imports skyrocketed to $X in 2022. Over the period under review, imports saw modest growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) represented the major importer of barytes, achieving X% of total imports. It was distantly followed by Colombia (X tons) and Ecuador (X tons), together constituting a X% share of total imports. The following importers - Suriname (X tons), Brazil (X tons) and Guyana (X tons) - together made up X% of total imports.

Imports into Argentina increased at an average annual rate of X% from 2012 to 2022. At the same time, Suriname (X%) and Guyana (X%) displayed positive paces of growth. Moreover, Suriname emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%), Ecuador (X%) and Brazil (X%) illustrated a downward trend over the same period. While the share of Argentina (X p.p.) and Suriname (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (X p.p.), Ecuador (X p.p.) and Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) constitutes the largest market for imported barytes in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Argentina totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Brazil (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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