Price for Barium Sulphate (Barytes); Natural in Portugal - 2023

Contents:

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

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

In 2022, the average barium sulphate (barytes); natural import price amounted to $351 per ton, falling by -34% against the previous year. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. The import price peaked at $549 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($604 per ton), while the price for Morocco ($126 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average barium sulphate (barytes); natural export price amounted to $687 per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices reached the maximum at $973 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,000 per ton), while the average price for exports to Angola ($529 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 France (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Barium Sulphate (Barytes); Natural in Portugal

In 2022, the amount of barium sulphate (barytes); naturals imported into Portugal skyrocketed to 7.8K tons, increasing by 72% on 2021. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, barium sulphate (barytes); natural imports expanded sharply to $2.7M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Barium Sulphate (Barytes); Natural in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,0791,3711,4591,2846.0%
Netherlands1,0191,054873953-2.2%
MoroccoN/A8.8N/A462624.6%
Others71.448.081.938.3-18.7%
Total2,1702,4822,4142,7388.1%

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

  1. Morocco (3.7K tons)
  2. Spain (2.5K tons)
  3. Netherlands (1.6K tons)

Exports of Barium Sulphate (Barytes); Natural in Portugal

In 2022, overseas shipments of barium sulphate (barytes); naturals were finally on the rise to reach 552 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a perceptible setback.

In value terms, barium sulphate (barytes); natural exports surged to $379K in 2022. In general, exports showed a slight expansion. 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain31818930.1280-4.2%
France22.023.330.528.18.5%
AngolaN/A5.13.327.1130.5%
Ghana6.610.013.015.432.6%
Kenya1.87.25.515.1103.2%
Others12.412.613.213.11.8%
Total36024895.63791.7%

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

  1. Spain (419.7 tons)
  2. Angola (51.1 tons)
  3. France (28.1 tons)
  4. Ghana (24.1 tons)
  5. Kenya (18.8 tons)

Source: IndexBox Market Intelligence Platform

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