U.S.: Market for Sulphates Of Barium Or Aluminium 2023

Market Size for Sulphates Of Barium Or Aluminium in the U.S.

The U.S. barium or aluminium sulphates market contracted to $X in 2021, waning by -6.7% against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +10.8% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Sulphates Of Barium Or Aluminium in the U.S.

In value terms, barium or aluminium sulphates production contracted to $X in 2021. Overall, production, however, recorded a temperate expansion. The growth pace was the most rapid in 2016 when the production volume increased by 47% against the previous year. Barium or aluminium sulphates production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from the U.S.

In 2021, overseas shipments of sulphates of barium or aluminium increased by 5% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 46%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, barium or aluminium sulphates exports reduced to $X in 2021. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by 97%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for barium or aluminium sulphates exports from the United States, accounting for a 90% share of total exports. Moreover, barium or aluminium sulphates exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Canada was relatively modest.

In value terms, the largest markets for barium or aluminium sulphates exported from the United States were Canada ($X) and Mexico ($X).

Mexico, with a CAGR of +25.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average barium or aluminium sulphates export price amounted to $X per ton, falling by -10.3% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 151%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.9%).

Imports of Sulphates Of Barium Or Aluminium

Imports into the U.S.

In 2021, after three years of decline, there was significant growth in supplies from abroad of sulphates of barium or aluminium, when their volume increased by 25% to X tons. Overall, imports recorded notable growth. The most prominent rate of growth was recorded in 2017 when imports increased by 60%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, barium or aluminium sulphates imports soared to $X in 2021. In general, imports saw a modest expansion. The pace of growth was the most pronounced in 2017 with an increase of 30%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Canada (X tons) and Germany (X tons) were the main suppliers of barium or aluminium sulphates imports to the United States, with a combined 53% share of total imports. Brazil, Italy, Colombia, Mexico and Japan lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +136.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of sulphates of barium or aluminium to the United States, comprising 38% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.4% per year) and China (-1.3% per year).

Import Prices by Country

In 2021, the average barium or aluminium sulphates import price amounted to $X per ton, waning by -3.3% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The growth pace was the most rapid in 2016 an increase of 22%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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