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Singapore - Barytes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaryte Price in Singapore - 2022
Contents:
- Baryte Price in Singapore (FOB) - 2022
- Baryte Price in Singapore (CIF) - 2022
- Baryte Exports in Singapore
- Baryte Imports in Singapore
Baryte Price in Singapore (FOB) - 2022
The average baryte export price stood at $332 per ton in 2022, which is down by -36.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $564 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($481 per ton), while the average price for exports to Indonesia ($306 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 Myanmar (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.
Baryte Price in Singapore (CIF) - 2022
The average baryte import price stood at $199 per ton in 2022, falling by -31.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $290 per ton in 2021, and then declined rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($792 per ton), while the price for India ($116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Baryte Exports in Singapore
In 2022, the amount of barytes exported from Singapore skyrocketed to 4.4K tons, picking up by 233% against 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 2,235%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, baryte exports soared to $1.5M in 2022. Over the period under review, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 2,071% against the previous year.
Export of Baryte in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 39.8 | 16.2 | 187 | 1,204 | 211.6% |
Vietnam | 10.3 | 5.6 | 21.1 | 136 | 136.4% |
Indonesia | 15.1 | 6.7 | 18.2 | 117 | 97.9% |
New Zealand | N/A | N/A | 103 | N/A | 0% |
Papua New Guinea | 1,373 | N/A | N/A | N/A | 0% |
Brunei Darussalam | 85.8 | N/A | 2.5 | N/A | -82.9% |
Australia | 133 | N/A | 355 | N/A | 63.4% |
Others | 0.1 | 3.3 | 3.0 | N/A | 447.7% |
Total | 1,658 | 31.8 | 690 | 1,457 | -4.2% |
Top Export Markets for Baryte from Singapore in 2022:
- Malaysia (3.7K tons)
- Indonesia (0.4K tons)
- Vietnam (0.3K tons)
Baryte Imports in Singapore
In 2022, baryte imports into Singapore declined to 1.8K tons, shrinking by -13.8% on the previous year. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 132% against the previous year.
In value terms, baryte imports dropped notably to $355K in 2022. Overall, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 181% against the previous year.
Import of Baryte in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 220 | 126 | 289 | 165 | -9.1% |
India | 540 | 45.8 | 96.6 | 128 | -38.1% |
Thailand | 203 | 35.0 | 43.6 | 52.8 | -36.2% |
Vietnam | 16.8 | N/A | 54.0 | N/A | 79.3% |
Egypt | N/A | N/A | 104 | N/A | 0% |
Others | 30.9 | 7.0 | 13.1 | 8.6 | -34.7% |
Total | 1,011 | 214 | 600 | 355 | -29.5% |
Top Suppliers of Baryte to Singapore in 2022:
- India (1106.7 tons)
- China (374.2 tons)
- Thailand (295.5 tons)
This report provides an in-depth analysis of the baryte market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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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
Explore the world's leading import markets for silicon-electrical steel flat-rolled products. Discover key statistics and market insights on IndexBox platform.
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...
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...
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...