Price for Barium Sulphate (Barytes); Natural in Jordan - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Jordan (CIF) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Jordan
Price for Barium Sulphate (Barytes); Natural in Jordan (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $128 per ton in 2022, waning by -67% against the previous year. In general, the import price faced a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 34%. Over the period under review, average import prices reached the peak figure at $1,031 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 Turkey ($464 per ton), while the price for China ($104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in Jordan
In 2022, overseas purchases of barium sulphate (barytes); naturals increased by 9,976% to 473 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports skyrocketed to $61K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Barium Sulphate (Barytes); Natural in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.3 | 1.6 | 0.2 | 32.8 | 115.0% |
Thailand | 1.6 | 0.6 | N/A | 18.0 | 124.1% |
Turkey | N/A | N/A | N/A | 9.7 | 0% |
India | 26.6 | 16.2 | 1.6 | N/A | -75.5% |
Kuwait | N/A | 2.0 | N/A | N/A | 0% |
Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
Total | 31.8 | 20.6 | 1.8 | 60.5 | 23.9% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Jordan in 2022:
- China (315.7 tons)
- Thailand (135.8 tons)
- Turkey (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.
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