Price for Barium Sulphate (Barytes); Natural in Cameroon - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Cameroon (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Cameroon (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Cameroon
- Exports of Barium Sulphate (Barytes); Natural in Cameroon
Price for Barium Sulphate (Barytes); Natural in Cameroon (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $181 per ton in 2022, which is down by -27.6% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the maximum at $378 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Gabon ($999 per ton), while the price for India ($80 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+6.2%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Cameroon (FOB) - 2022
In 2022, the average barium sulphate (barytes); natural export price amounted to $146 per ton, almost unchanged from the previous year. In general, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 31%. The export price peaked at $526 per ton in 2015; however, from 2016 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 Equatorial Guinea.
From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to +918.4% per year.
Imports of Barium Sulphate (Barytes); Natural in Cameroon
Barium sulphate (barytes); natural imports into Cameroon surged to 5.8K tons in 2022, with an increase of 15% on 2021. Over the period under review, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year.
In value terms, barium sulphate (barytes); natural imports reduced remarkably to $1M in 2022. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 56%.
Import of Barium Sulphate (Barytes); Natural in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | 459 | 180 | 310 | 379 | -6.2% |
Gabon | 135 | 159 | 209 | 188 | 11.7% |
India | 489 | 198 | 326 | 156 | -31.7% |
United States | 76.1 | 72.6 | 78.1 | 57.0 | -9.2% |
China | 9.1 | 10.3 | 13.2 | 11.5 | 8.1% |
Others | 823 | 184 | 314 | 253 | -32.5% |
Total | 1,991 | 803 | 1,251 | 1,045 | -19.3% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Cameroon in 2022:
- Morocco (1944.8 tons)
- India (1941.2 tons)
- United States (209.0 tons)
- Gabon (187.7 tons)
- China (64.4 tons)
Exports of Barium Sulphate (Barytes); Natural in Cameroon
For the third consecutive year, Cameroon recorded decline in overseas shipments of barium sulphate (barytes); naturals, which decreased by -20% to 10 tons in 2022. In general, exports saw a significant contraction.
In value terms, barium sulphate (barytes); natural exports reduced rapidly to $1.5K in 2022. Over the period under review, exports recorded a sharp slump. The smallest decline of -20% was in 2021.
Export of Barium Sulphate (Barytes); Natural in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Equatorial Guinea | 2.9 | 2.3 | 1.9 | 1.5 | -19.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.9 | 2.3 | 1.9 | 1.5 | -19.7% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Cameroon in 2022:
- Equatorial Guinea (10.2 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.
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