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India - Barytes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaryte Price in India - 2023
Contents:
- Baryte Price in India (FOB) - 2022
- Baryte Price in India (CIF) - 2023
- Baryte Exports in India
- Baryte Imports in India
Baryte Price in India (FOB) - 2022
The average baryte export price stood at $86 per ton in 2022, growing by 9.6% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 15% against the previous year. As a result, the export price reached the peak level of $138 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($131 per ton), while the average price for exports to the United States ($75 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 Kuwait (-1.4%), while the prices for the other major destinations experienced a decline.
Baryte Price in India (CIF) - 2023
In July 2023, the average baryte import price amounted to $350 per ton, dropping by -6.9% against the previous month. Overall, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in June 2023 an increase of 33% m-o-m. Over the period under review, average import prices hit record highs at $545 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($758 per ton), while the price for China ($319 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 the United Arab Emirates (+1.8%), while the prices for the other major suppliers experienced a decline.
Baryte Exports in India
In 2022, exports of barytes from India surged to 2.7M tons, picking up by 82% compared with the previous year's figure. Overall, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, baryte exports soared to $228M in 2022. Over the period under review, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Baryte in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 68.0 | 28.9 | 55.6 | 94.5 | 11.6% |
Saudi Arabia | 48.4 | 60.4 | 32.7 | 77.5 | 17.0% |
Kuwait | 10.3 | 14.3 | 5.0 | 16.2 | 16.3% |
Malaysia | 7.0 | 3.3 | 5.6 | 9.5 | 10.7% |
United Arab Emirates | 5.9 | 5.1 | 2.9 | 7.6 | 8.8% |
Qatar | 1.5 | 2.1 | 2.9 | 4.9 | 48.4% |
Others | 13.8 | 7.9 | 9.6 | 17.6 | 8.4% |
Total | 155 | 122 | 114 | 228 | 13.7% |
Top Export Markets for Baryte from India in 2022:
- United States (1259.3K tons)
- Saudi Arabia (866.6K tons)
- Kuwait (210.3K tons)
- Malaysia (81.0K tons)
- United Arab Emirates (57.7K tons)
- Qatar (44.4K tons)
Baryte Imports in India
Baryte imports into India stood at 16K tons in 2022, rising by 6.5% on 2021. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, baryte imports surged to $7.4M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Baryte in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 2.1 | 3.7 | 4.3 | 14.0% |
Netherlands | 1.5 | 0.5 | 0.8 | 1.1 | -9.8% |
Spain | 0.7 | 0.7 | 0.8 | 0.9 | 8.7% |
Japan | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
Hong Kong SAR | N/A | N/A | 0.2 | 0.2 | 0.0% |
Others | 0.5 | 0.2 | 0.3 | 0.4 | -7.2% |
Total | 5.7 | 3.8 | 6.2 | 7.4 | 9.1% |
Top Suppliers of Baryte to India in 2022:
- China (10.6K tons)
- Spain (2.6K tons)
- Netherlands (1.4K tons)
- Hong Kong SAR (0.6K tons)
- Japan (0.4K tons)
This report provides an in-depth analysis of the baryte market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- UNCode 16190-2 - Barytes, whether or not calcined
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the period analyzed, Baryte exports peaked at 2.5M tons in 2022, and experienced a slight decrease the following year. In terms of value, Baryte exports significantly increased to $231M in 2023.
In November 2022, the saccharin price stood at $8,991 per ton (FOB, India), remaining constant against the previous month.
In 2020, the global baryte market fell by 15%, hampered by a severe decline seen in the oil industry, which currently consumes 80% of the total baryte output. India remained the only country to maintain 2019 production figures. While the oil industry is set to operate at minimum production levels in the medium term, alternative chemical, coating, and construction baryte applications may emerge as market drivers.
In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...
In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...
China dominates in the global baryte trade. In 2014, China exported X thousand tons of barytes totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total baryte exports in va
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Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
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During the period analyzed, Baryte exports peaked at 2.5M tons in 2022, and experienced a slight decrease the following year. In terms of value, Baryte exports significantly increased to $231M in 2023.