Price for Barium Sulphate (Barytes); Natural in Sweden - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Sweden (CIF) - 2023
- Price for Barium Sulphate (Barytes); Natural in Sweden (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Sweden
- Exports of Barium Sulphate (Barytes); Natural in Sweden
Price for Barium Sulphate (Barytes); Natural in Sweden (CIF) - 2023
The average barium sulphate (barytes); natural import price stood at $688 per ton in June 2023, picking up by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 an increase of 20% against the previous month. Over the period under review, average import prices attained the peak figure at $699 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($2,522 per ton), while the price for France ($565 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Barium Sulphate (Barytes); Natural in Sweden (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $618 per ton in 2022, with a decrease of -8.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2016 an increase of 122%. Over the period under review, the average export prices attained the maximum at $850 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($914 per ton), while the average price for exports to Turkey ($501 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 Finland (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in Sweden
In 2022, barium sulphate (barytes); natural imports into Sweden declined to 3.9K tons, falling by -7.1% against the previous year's figure. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 6.8% against the previous year.
In value terms, barium sulphate (barytes); natural imports dropped to $2.2M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year.
Import of Barium Sulphate (Barytes); Natural in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 759 | 815 | 999 | 1,246 | 18.0% |
China | 559 | 846 | 740 | 550 | -0.5% |
Turkey | 345 | 220 | 207 | 198 | -16.9% |
Spain | 94.5 | 89.5 | 74.7 | 100 | 1.9% |
Germany | 84.5 | 90.9 | 76.4 | 79.2 | -2.1% |
United Kingdom | 134 | 154 | 63.5 | 5.2 | -66.1% |
Others | 44.0 | 73.9 | 141 | 29.8 | -12.2% |
Total | 2,019 | 2,288 | 2,301 | 2,208 | 3.0% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Sweden in 2022:
- Netherlands (2244.0 tons)
- China (718.0 tons)
- Turkey (620.0 tons)
- Germany (139.0 tons)
- Spain (118.0 tons)
- United Kingdom (12.0 tons)
Exports of Barium Sulphate (Barytes); Natural in Sweden
In 2022, after two years of decline, there was significant growth in shipments abroad of barium sulphate (barytes); naturals, when their volume increased by 106% to 97 tons. Overall, exports, however, recorded a abrupt setback.
In value terms, barium sulphate (barytes); natural exports soared to $60K in 2022. Over the period under review, exports, however, showed a deep slump.
Export of Barium Sulphate (Barytes); Natural in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 33.9 | 7.4 | N/A | 24.0 | -10.9% |
United Kingdom | 46.0 | 30.1 | 4.7 | 9.9 | -40.1% |
France | N/A | N/A | 6.1 | 8.8 | 44.3% |
Estonia | 11.5 | 11.3 | 16.8 | 8.4 | -9.9% |
Finland | N/A | 0.1 | N/A | 5.1 | 614.1% |
Germany | 0.6 | N/A | 2.4 | 3.7 | 83.4% |
Norway | 4.1 | 1.4 | 2.0 | N/A | -30.2% |
Others | 1.0 | 3.0 | N/A | 0.1 | -53.6% |
Total | 97.2 | 53.3 | 31.9 | 60.0 | -14.9% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Sweden in 2022:
- Turkey (48.0 tons)
- United Kingdom (17.0 tons)
- Estonia (10.0 tons)
- France (10.0 tons)
- Finland (8.0 tons)
- Germany (4.0 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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