Price for Barium Sulphate (Barytes); Natural in Iraq - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Iraq (CIF) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Iraq
Price for Barium Sulphate (Barytes); Natural in Iraq (CIF) - 2022
In 2022, the average barium sulphate (barytes); natural import price amounted to $67 per ton, approximately equating the previous year. In general, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 6.7% against the previous year. The import price peaked at $142 per ton in 2012; however, from 2013 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 ($422 per ton), while the price for Iran ($38 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Iraq
In 2022, the amount of barium sulphate (barytes); naturals imported into Iraq dropped sharply to 65K tons, declining by -26.3% against the year before. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 221%.
In value terms, barium sulphate (barytes); natural imports declined remarkably to $4.3M in 2022. Overall, imports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 136%.
Import of Barium Sulphate (Barytes); Natural in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.2 | 1.6 | 2.9 | 2.3 | -10.4% |
Iran | 6.0 | 0.8 | 2.8 | 1.9 | -31.8% |
Turkey | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.4 | 2.5 | 5.9 | 4.3 | -22.9% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Iraq in 2022:
- Iran (51.2K tons)
- India (11.4K tons)
- Turkey (2.6K 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.
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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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