Carbonates; Barium Carbonate Price in Serbia - 2023

Contents:

  1. Carbonates; Barium Carbonate Price in Serbia (CIF) - 2022
  2. Carbonates; Barium Carbonate Price in Serbia (FOB) - 2022
  3. Carbonates; Barium Carbonate Imports in Serbia
  4. Carbonates; Barium Carbonate Exports in Serbia

Carbonates; Barium Carbonate Price in Serbia (CIF) - 2022

The average carbonates; barium carbonate import price stood at $1,141 per ton in 2022, with an increase of 18% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; barium carbonate import price increased by +45.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($1,179 per ton), while the price for China ($1,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Barium Carbonate Price in Serbia (FOB) - 2022

The average carbonates; barium carbonate export price stood at $580 per ton in 2022, growing by 19% against the previous year. Over the period under review, the export price, however, saw a deep slump. The export price peaked at $1,479 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -5.3% per year.

Carbonates; Barium Carbonate Imports in Serbia

In 2022, supplies from abroad of carbonates; barium carbonates was finally on the rise to reach 65 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a significant contraction.

In value terms, carbonates; barium carbonate imports surged to $75K in 2022. Over the period under review, imports, however, continue to indicate a dramatic shrinkage.

Import of Carbonates; Barium Carbonate in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.618.311.826.53.9%
Germany12187.78.724.1-41.6%
Czech Republic30.820.511.223.9-8.1%
Others0.30.211.60.2-12.6%
Total17512743.274.6-24.7%

Top Suppliers of Carbonates; Barium Carbonate to Serbia in 2022:

  1. China (24.0 tons)
  2. Germany (21.1 tons)
  3. Czech Republic (20.3 tons)

Carbonates; Barium Carbonate Exports in Serbia

In 2022, carbonates; barium carbonate exports from Serbia declined markedly to 1.2 tons, falling by -27.2% compared with 2021. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of 1.6 tons, and then reduced notably in the following year.

In value terms, carbonates; barium carbonate exports dropped to $681 in 2022. Overall, exports continue to indicate a abrupt descent. The smallest decline of -3.3% was in 2020.

Export of Carbonates; Barium Carbonate in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina23031811468143.6%
Croatia33527541.0N/A-65.0%
HungaryN/AN/A273N/A0%
Others351293356N/A0.7%
Total916886784681-9.4%

Top Export Markets for Carbonates; Barium Carbonate from Serbia in 2022:

  1. Bosnia and Herzegovina (1.2 tons)

Source: IndexBox Market Intelligence Platform

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