Price for Barium Sulphate (Barytes); Natural in Hong Kong SAR - 2021
Contents:
- Price for Barium Sulphate (Barytes); Natural in Hong Kong SAR (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Hong Kong SAR (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Hong Kong SAR
- Exports of Barium Sulphate (Barytes); Natural in Hong Kong SAR
Price for Barium Sulphate (Barytes); Natural in Hong Kong SAR (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $575 per ton in 2022, picking up by 4.3% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. The import price peaked at $588 per ton in 2020; however, from 2021 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 China ($1,100 per ton), while the price for Australia ($301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3,520.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Barium Sulphate (Barytes); Natural in Hong Kong SAR (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $352 per ton in 2022, dropping by -20.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 123%. As a result, the export price reached the peak level of $924 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($1,960 per ton), while the average price for exports to the United States ($240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in Hong Kong SAR
In 2022, imports of barium sulphate (barytes); naturals into Hong Kong SAR surged to 66 tons, with an increase of 40% against 2021 figures. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 293% against the previous year. As a result, imports attained the peak of 85 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, barium sulphate (barytes); natural imports skyrocketed to $38K in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 455%. As a result, imports reached the peak of $50K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Barium Sulphate (Barytes); Natural in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1.2 | 12.5 | 9.3 | 13.8 | 125.7% |
Thailand | 5.1 | 9.2 | 6.8 | 10.1 | 25.6% |
Taiwan (Chinese) | 0.9 | 6.6 | 4.9 | 7.3 | 100.9% |
China | 1.5 | 1.2 | 2.8 | 4.1 | 39.8% |
Australia | N/A | N/A | N/A | 2.0 | 0% |
Others | 0.3 | 20.4 | 2.3 | 0.7 | 32.6% |
Total | 9.0 | 49.9 | 26.0 | 38.0 | 61.6% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Hong Kong SAR in 2022:
- Netherlands (22.9 tons)
- Thailand (21.3 tons)
- Taiwan (Chinese) (10.9 tons)
- Australia (6.7 tons)
- China (3.7 tons)
Exports of Barium Sulphate (Barytes); Natural in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in overseas shipments of barium sulphate (barytes); naturals, when their volume increased by 45% to 96 tons. In general, exports, however, saw a perceptible downturn.
In value terms, barium sulphate (barytes); natural exports surged to $34K in 2022. Over the period under review, exports, however, saw a slight decline.
Export of Barium Sulphate (Barytes); Natural in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.4 | 8.2 | 9.9 | 17.4 | 58.1% |
Philippines | 15.1 | 16.6 | 5.9 | 12.3 | -6.6% |
India | 6.5 | 6.7 | 11.7 | N/A | 34.2% |
Others | 9.1 | 6.6 | 1.8 | 4.0 | -24.0% |
Total | 35.0 | 38.1 | 29.2 | 33.7 | -1.3% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Hong Kong SAR in 2022:
- United States (72.8 tons)
- Philippines (21.0 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...
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