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

Contents:

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

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

In 2022, the average barium sulphate (barytes); natural import price amounted to $293 per ton, dropping by -3.4% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2021 an increase of 70% against the previous year. The import price peaked at $471 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Netherlands ($538 per ton), while the price for Zimbabwe ($165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average barium sulphate (barytes); natural export price amounted to $758 per ton, rising by 185% against the previous year. Overall, the export price, however, saw a mild decrease. Over the period under review, the average export prices attained the peak figure at $896 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($817 per ton), while the average price for exports to Namibia ($582 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 Zambia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Barium Sulphate (Barytes); Natural in South Africa

In 2022, approx. 3.8K tons of barium sulphate (barytes); naturals were imported into South Africa; increasing by 9.8% compared with the year before. Overall, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 128%. As a result, imports attained the peak of 7.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, barium sulphate (barytes); natural imports rose significantly to $1.1M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 38%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Barium Sulphate (Barytes); Natural in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China42247049465715.9%
Netherlands369411398238-13.6%
India75.725.416.169.7-2.7%
Turkey21.030.159.451.534.9%
Morocco67.233032.440.4-15.6%
FranceN/A12.8N/A23.535.5%
ZimbabweN/AN/AN/A11.20%
Others31.381.042.113.5-24.4%
Total9871,3611,0421,1063.9%

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

  1. China (2429.0 tons)
  2. Netherlands (443.4 tons)
  3. India (409.0 tons)
  4. Morocco (177.2 tons)
  5. Turkey (147.7 tons)
  6. France (72.0 tons)
  7. Zimbabwe (68.0 tons)

Exports of Barium Sulphate (Barytes); Natural in South Africa

In 2022, exports of barium sulphate (barytes); naturals from South Africa shrank remarkably to 596 tons, waning by -79.5% against the previous year. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 641% against the previous year. As a result, the exports reached the peak of 2.9K tons, and then dropped significantly in the following year.

In value terms, barium sulphate (barytes); natural exports reduced sharply to $451K in 2022. In general, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 317%. As a result, the exports attained the peak of $773K, and then fell notably in the following year.

Export of Barium Sulphate (Barytes); Natural in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe1.13.41.4220484.8%
Zambia65.511511521047.5%
Namibia5.40.711.87.813.0%
NetherlandsN/AN/A594N/A0%
Mauritania452N/AN/AN/A0%
Others15.166.750.113.3-4.1%
Total539185773451-5.8%

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

  1. Zimbabwe (316.4 tons)
  2. Zambia (257.3 tons)
  3. Namibia (13.5 tons)

Source: IndexBox Market Intelligence Platform

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