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

Contents:

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

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

In 2022, the average barium sulphate (barytes); natural export price amounted to $141 per ton, rising by 84% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($465 per ton), while the average price for exports to China ($83 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 Kazakhstan (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average barium sulphate (barytes); natural import price amounted to $386 per ton, picking up by 14% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2018 an increase of 65% against the previous year. Over the period under review, average import prices hit record highs at $613 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($389 per ton), while the price for Turkey totaled $376 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Barium Sulphate (Barytes); Natural in Iran

In 2022, shipments abroad of barium sulphate (barytes); naturals decreased by -89.9% to 25K tons, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 4.9%. As a result, the exports attained the peak of 283K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, barium sulphate (barytes); natural exports shrank significantly to $3.6M in 2022. Overall, exports showed a sharp contraction. The smallest decline of -10.5% was in 2020.

Export of Barium Sulphate (Barytes); Natural in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq9.37.46.41.1-50.9%
Kuwait0.20.61.20.426.0%
Azerbaijan0.40.10.20.2-20.6%
Turkmenistan0.61.20.30.1-45.0%
Kazakhstan0.50.70.1N/A-55.3%
China0.10.60.2N/A41.4%
Turkey0.10.20.1N/A0.0%
Others12.910.810.61.8-48.1%
Total24.221.719.13.6-47.0%

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

  1. Iraq (7.1K tons)
  2. Kuwait (3.8K tons)
  3. Azerbaijan (1.2K tons)
  4. China (0.5K tons)
  5. Turkmenistan (0.4K tons)
  6. Turkey (0.2K tons)

Imports of Barium Sulphate (Barytes); Natural in Iran

In 2022, the amount of barium sulphate (barytes); naturals imported into Iran fell to 99 tons, waning by -11.6% compared with 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 112 tons, and then shrank in the following year.

In value terms, barium sulphate (barytes); natural imports amounted to $38K in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year.

Import of Barium Sulphate (Barytes); Natural in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.526.27.829.2-22.0%
Turkey0.27.66.99.0255.7%
South KoreaN/AN/A8.1N/A0%
Others0.2N/A15.0N/A766.0%
Total61.933.837.838.2-14.9%

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

  1. China (75.0 tons)
  2. Turkey (24.0 tons)

Source: IndexBox Market Intelligence Platform

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