Price for Barium Sulphate (Barytes); Natural in Indonesia - 2022

Contents:

  1. Price for Barium Sulphate (Barytes); Natural in Indonesia (CIF) - 2022
  2. Price for Barium Sulphate (Barytes); Natural in Indonesia (FOB) - 2022
  3. Imports of Barium Sulphate (Barytes); Natural in Indonesia
  4. Exports of Barium Sulphate (Barytes); Natural in Indonesia

Price for Barium Sulphate (Barytes); Natural in Indonesia (CIF) - 2022

In 2022, the average barium sulphate (barytes); natural import price amounted to $135 per ton, with a decrease of -13.6% against the previous year. In general, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20%. The import price peaked at $198 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($153 per ton), while the price for Vietnam ($127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

Price for Barium Sulphate (Barytes); Natural in Indonesia (FOB) - 2022

In 2022, the average barium sulphate (barytes); natural export price amounted to $232 per ton, approximately mirroring the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices attained the maximum at $301 per ton in 2015; however, from 2016 to 2022, the 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 Thailand ($4,042 per ton), while the average price for exports to Singapore ($109 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 Thailand (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Barium Sulphate (Barytes); Natural in Indonesia

Barium sulphate (barytes); natural imports into Indonesia skyrocketed to 118K tons in 2022, rising by 17% against the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% 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 +89.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 62%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, barium sulphate (barytes); natural imports reached $16M in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Barium Sulphate (Barytes); Natural in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.46.910.911.36.3%
Vietnam1.81.71.42.410.1%
Thailand1.30.51.52.015.4%
Others1.70.82.00.2-51.0%
Total14.29.915.816.04.1%

Top Suppliers of Barium Sulphate (Barytes); Natural to Indonesia in 2022:

  1. China (85.7K tons)
  2. Vietnam (19.0K tons)
  3. Thailand (13.0K tons)

Exports of Barium Sulphate (Barytes); Natural in Indonesia

In 2022, approx. 352 tons of barium sulphate (barytes); naturals were exported from Indonesia; jumping by 112% against the year before. Overall, exports enjoyed prominent growth.

In value terms, barium sulphate (barytes); natural exports soared to $82K in 2022. Over the period under review, exports saw resilient growth.

Export of Barium Sulphate (Barytes); Natural in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia55.811130.862.84.0%
Malaysia1.24.64.610.0102.7%
Singapore3.98.12.35.08.6%
Others0.91.80.74.064.4%
Total61.812538.581.79.8%

Top Export Markets for Barium Sulphate (Barytes); Natural from Indonesia in 2022:

  1. Australia (296.0 tons)
  2. Singapore (45.5 tons)
  3. Malaysia (8.5 tons)

Source: IndexBox Market Intelligence Platform

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