Price for Barium Sulphate (Barytes); Natural in Saudi Arabia - 2021
Contents:
- Price for Barium Sulphate (Barytes); Natural in Saudi Arabia (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Saudi Arabia (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Saudi Arabia
- Exports of Barium Sulphate (Barytes); Natural in Saudi Arabia
Price for Barium Sulphate (Barytes); Natural in Saudi Arabia (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $105 per ton in 2022, growing by 2.2% against the previous year. In general, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 6.4%. As a result, import price reached the peak level of $164 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($541 per ton), while the price for India amounted to $104 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.1%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Saudi Arabia (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $260 per ton in 2022, rising by 4.5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $275 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to -0.8% per year.
Imports of Barium Sulphate (Barytes); Natural in Saudi Arabia
In 2022, approx. 559K tons of barium sulphate (barytes); naturals were imported into Saudi Arabia; rising by 40% against the previous year's figure. Over the period under review, imports, however, recorded a deep setback.
In value terms, barium sulphate (barytes); natural imports soared to $59M in 2022. In general, imports, however, saw a deep reduction.
| Import of Barium Sulphate (Barytes); Natural in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 64.3 | 71.7 | 39.8 | 57.8 | -3.5% |
| Lao People's Democratic Republic | 5.2 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 4.5 | 1.3 | 0.8 | -28.6% |
| Total | 71.7 | 76.2 | 41.1 | 58.7 | -6.5% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Saudi Arabia in 2022:
- India (557.5K tons)
Exports of Barium Sulphate (Barytes); Natural in Saudi Arabia
After three years of growth, overseas shipments of barium sulphate (barytes); naturals decreased by -8.7% to 7.8K tons in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%.
In value terms, barium sulphate (barytes); natural exports declined modestly to $2M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 60%.
| Export of Barium Sulphate (Barytes); Natural in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 1.2 | 1.9 | 2.1 | 2.0 | 18.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.9 | 2.1 | 2.0 | 18.6% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Saudi Arabia in 2022:
- Bahrain (7.8K tons)
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