Price for Barium Sulphate (Barytes); Natural in Bangladesh - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Bangladesh (CIF) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Bangladesh
Price for Barium Sulphate (Barytes); Natural in Bangladesh (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $374 per ton in 2022, rising by 40% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium sulphate (barytes); natural import price increased by +65.8% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 56%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the United Arab Emirates ($1,376 per ton), while the price for Pakistan ($123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in Bangladesh
After three years of growth, overseas purchases of barium sulphate (barytes); naturals decreased by -24.1% to 3.2K tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52%.
In value terms, barium sulphate (barytes); natural imports expanded notably to $1.2M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 137%. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Barium Sulphate (Barytes); Natural in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 334 | 1,126 | 838 | 967 | 42.5% |
| Thailand | 64.6 | 87.4 | 101 | 117 | 21.9% |
| India | 126 | 146 | 118 | 44.2 | -29.5% |
| Vietnam | 44.9 | 43.8 | 36.3 | 30.6 | -12.0% |
| Pakistan | 22.0 | 29.1 | 17.4 | 22.9 | 1.3% |
| Others | 19.2 | 14.8 | 9.6 | 4.4 | -38.8% |
| Total | 610 | 1,446 | 1,120 | 1,186 | 24.8% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Bangladesh in 2022:
- China (2346.7 tons)
- Thailand (269.9 tons)
- Vietnam (236.2 tons)
- Pakistan (186.3 tons)
- India (122.3 tons)
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