Price for Barium Sulphate (Barytes); Natural in Bolivia - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Bolivia (FOB) - 2023
- Price for Barium Sulphate (Barytes); Natural in Bolivia (CIF) - 2022
- Exports of Barium Sulphate (Barytes); Natural in Bolivia
- Imports of Barium Sulphate (Barytes); Natural in Bolivia
Price for Barium Sulphate (Barytes); Natural in Bolivia (FOB) - 2023
In July 2023, the average barium sulphate (barytes); natural export price amounted to $249 per ton, growing by 32% against the previous month. Over the period under review, the export price showed a strong increase. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 103% against the previous month. As a result, the export price reached the peak level of $267 per ton. From June 2023 to July 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was Paraguay ($250 per ton), while the average price for exports to Argentina stood at $249 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.5%).
Price for Barium Sulphate (Barytes); Natural in Bolivia (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $405 per ton in 2022, declining by -18.8% against the previous year. Overall, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in 2019 an increase of 35%. Over the period under review, average import prices reached the peak figure at $619 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 China ($406 per ton), while the price for Argentina ($180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Barium Sulphate (Barytes); Natural in Bolivia
In 2022, the amount of barium sulphate (barytes); naturals exported from Bolivia soared to 49K tons, picking up by 83% on 2021 figures. Overall, exports saw a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 179% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, barium sulphate (barytes); natural exports soared to $7.1M in 2022. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 224%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Barium Sulphate (Barytes); Natural in Bolivia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 5.2 | 0.9 | 3.0 | 7.1 | 10.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.2 | 0.9 | 3.0 | 7.1 | 10.9% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Bolivia in 2022:
- Argentina (49.0K tons)
Imports of Barium Sulphate (Barytes); Natural in Bolivia
Barium sulphate (barytes); natural imports into Bolivia soared to 240 tons in 2022, rising by 99.9% on 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports surged to $97K in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Barium Sulphate (Barytes); Natural in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 56.1 | 39.8 | 54.3 | 65.0 | 5.0% |
China | N/A | N/A | N/A | 17.2 | 0% |
Brazil | N/A | N/A | 2.5 | 15.2 | 508.0% |
Others | 0.3 | 2.4 | 3.2 | 0.1 | -30.7% |
Total | 56.4 | 42.1 | 60.0 | 97.5 | 20.0% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Bolivia in 2022:
- Peru (160.2 tons)
- China (42.3 tons)
- Brazil (37.5 tons)
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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...