Price for Barium Sulphate (Barytes); Natural in Ghana - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Ghana (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Ghana (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Ghana
- Exports of Barium Sulphate (Barytes); Natural in Ghana
Price for Barium Sulphate (Barytes); Natural in Ghana (CIF) - 2022
In 2022, the average barium sulphate (barytes); natural import price amounted to $223 per ton, surging by 15% against the previous year. Overall, the import price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39%. Over the period under review, average import prices attained the peak figure at $412 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the United States ($392 per ton), while the price for Cote d'Ivoire ($123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Macao SAR (+27.3%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Ghana (FOB) - 2022
In 2022, the average barium sulphate (barytes); natural export price amounted to $250 per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -25.1% against the previous year. The export price peaked at $889 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 Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +1.4% per year.
Imports of Barium Sulphate (Barytes); Natural in Ghana
In 2022, imports of barium sulphate (barytes); naturals into Ghana surged to 19K tons, picking up by 115% against 2021. Over the period under review, imports showed modest growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports surged to $4.3M in 2022. In general, imports, however, saw a deep contraction.
| Import of Barium Sulphate (Barytes); Natural in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,109 | N/A | 612 | 898 | -6.8% |
| Morocco | 639 | N/A | 357 | 590 | -2.6% |
| Macao SAR | N/A | N/A | 91.9 | 491 | 434.3% |
| United States | 95.4 | N/A | 84.6 | 201 | 28.2% |
| Netherlands | N/A | N/A | N/A | 120 | 0% |
| Mexico | N/A | N/A | N/A | 114 | 0% |
| United Arab Emirates | 49.7 | N/A | 46.0 | 114 | 31.9% |
| Cote d'Ivoire | 72.9 | N/A | 34.0 | 45.8 | -14.4% |
| Panama | 81.1 | N/A | 28.1 | 32.6 | -26.2% |
| Angola | 679 | N/A | N/A | N/A | 0% |
| Others | 2,714 | N/A | 475 | 1,668 | -15.0% |
| Total | 5,441 | N/A | 1,729 | 4,273 | -7.7% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Ghana in 2022:
- United Kingdom (5.1K tons)
- Morocco (2.8K tons)
- Macao SAR (1.8K tons)
- Netherlands (0.7K tons)
- United States (0.5K tons)
- Mexico (0.5K tons)
- United Arab Emirates (0.5K tons)
- Cote d'Ivoire (0.4K tons)
- Panama (0.2K tons)
Exports of Barium Sulphate (Barytes); Natural in Ghana
In 2022, shipments abroad of barium sulphate (barytes); naturals decreased by 0% to 205 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, barium sulphate (barytes); natural exports amounted to $51K in 2022. In general, exports continue to indicate a abrupt descent. The smallest decline of 99.9% was in 2020.
| Export of Barium Sulphate (Barytes); Natural in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 5.5 | N/A | N/A | 25.6 | 67.0% |
| Mozambique | 81.7 | N/A | N/A | N/A | 0% |
| Others | 5.5 | N/A | N/A | 25.6 | 67.0% |
| Total | 92.6 | N/A | N/A | 51.2 | -17.9% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Ghana in 2022:
- Cote d'Ivoire (102.5 tons)
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