Price for Barium Sulphate (Barytes); Natural in India - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in India (FOB) - 2022
- Price for Barium Sulphate (Barytes); Natural in India (CIF) - 2023
- Exports of Barium Sulphate (Barytes); Natural in India
- Imports of Barium Sulphate (Barytes); Natural in India
Price for Barium Sulphate (Barytes); Natural in India (FOB) - 2022
In 2022, the average barium sulphate (barytes); natural export price amounted to $85 per ton, rising by 7.8% against the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2015 an increase of 15%. As a result, the export price attained the peak level of $138 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($133 per ton), while the average price for exports to the United States ($75 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 Malaysia (-1.5%), while the prices for the other major destinations experienced a decline.
Price for Barium Sulphate (Barytes); Natural in India (CIF) - 2023
In July 2023, the average barium sulphate (barytes); natural import price amounted to $350 per ton, reducing by -6.9% against the previous month. Overall, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 33% m-o-m. Over the period under review, average import prices reached the maximum at $545 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($758 per ton), while the price for China ($319 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Barium Sulphate (Barytes); Natural in India
In 2022, approx. 2.5M tons of barium sulphate (barytes); naturals were exported from India; rising by 71% on 2021. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural exports skyrocketed to $211M in 2022. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Barium Sulphate (Barytes); Natural in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 68.0 | 28.9 | 57.3 | 99.7 | 13.6% |
| Saudi Arabia | 48.4 | 60.4 | 33.7 | 70.0 | 13.1% |
| United Arab Emirates | 5.9 | 5.1 | 2.9 | 13.7 | 32.4% |
| Kuwait | 10.3 | 14.3 | 5.1 | 9.6 | -2.3% |
| Malaysia | 7.0 | 3.3 | 5.8 | 7.3 | 1.4% |
| Oman | 2.8 | 1.5 | 0.8 | 3.4 | 6.7% |
| Others | 12.4 | 8.4 | 8.7 | 7.0 | -17.4% |
| Total | 155 | 122 | 114 | 211 | 10.8% |
Top Export Markets for Barium Sulphate (Barytes); Natural from India in 2022:
- United States (1322.4K tons)
- Saudi Arabia (802.7K tons)
- United Arab Emirates (111.7K tons)
- Kuwait (108.2K tons)
- Malaysia (54.5K tons)
- Oman (39.8K tons)
Imports of Barium Sulphate (Barytes); Natural in India
Barium sulphate (barytes); natural imports into India reached 16K tons in 2022, picking up by 4.1% compared with 2021 figures. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, barium sulphate (barytes); natural imports soared to $7.1M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Barium Sulphate (Barytes); Natural in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 2.1 | 3.7 | 4.5 | 15.8% |
| Spain | 0.7 | 0.7 | 0.8 | 0.9 | 8.7% |
| Netherlands | 1.5 | 0.5 | 0.8 | 0.6 | -26.3% |
| Japan | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.5 | 0.3 | 0.5 | 0.3 | -15.7% |
| Total | 5.7 | 3.8 | 6.2 | 7.1 | 7.6% |
Top Suppliers of Barium Sulphate (Barytes); Natural to India in 2022:
- China (11.0K tons)
- Spain (2.3K tons)
- Netherlands (0.9K tons)
- United Arab Emirates (0.8K tons)
- Japan (0.5K tons)
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