Price for Barium Sulphate (Barytes); Natural in the UK - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in the UK (CIF) - 2023
- Price for Barium Sulphate (Barytes); Natural in the UK (FOB) - 2021
- Imports of Barium Sulphate (Barytes); Natural in the UK
- Exports of Barium Sulphate (Barytes); Natural in the UK
Price for Barium Sulphate (Barytes); Natural in the UK (CIF) - 2023
In May 2023, the average barium sulphate (barytes); natural import price amounted to $382 per ton, which is down by -4.6% against the previous month. Over the period under review, the import price, however, posted slight growth. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 114% m-o-m. The import price peaked at $575 per ton in February 2023; however, from March 2023 to May 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($861 per ton), while the price for the Netherlands ($203 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Greece (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Barium Sulphate (Barytes); Natural in the UK (FOB) - 2021
In December 2020, the average barium sulphate (barytes); natural export price amounted to $467 per ton, picking up by 47% against the previous month. In general, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in September 2020 when the average export price increased by 63% m-o-m. The export price peaked at $1,111 per ton in February 2020; however, from March 2020 to December 2020, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,619 per ton), while the average price for exports to Mexico ($321 per ton) was amongst the lowest.
From January 2020 to December 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in the UK
In 2022, approx. 42K tons of barium sulphate (barytes); naturals were imported into the UK; growing by 6.6% compared with the previous year's figure. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 9.2%.
In value terms, barium sulphate (barytes); natural imports surged to $13M in 2022. Overall, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Barium Sulphate (Barytes); Natural in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.7 | 3.0 | 3.6 | 7.3 | -1.8% |
| Morocco | 0.1 | 0.1 | 0.1 | 1.5 | 146.6% |
| Macao SAR | N/A | N/A | N/A | 0.7 | 0% |
| Greece | N/A | N/A | N/A | 0.6 | 0% |
| Norway | 1.2 | 0.2 | 0.1 | 0.6 | -20.6% |
| Turkey | 0.2 | 0.1 | 0.1 | 0.5 | 35.7% |
| China | 0.7 | 0.6 | 0.4 | 0.5 | -10.6% |
| United States | 1.3 | 1.3 | 0.1 | N/A | -72.3% |
| Others | 1.1 | 3.1 | 5.5 | 1.1 | 0.0% |
| Total | 12.3 | 8.4 | 9.9 | 12.7 | 1.1% |
Top Suppliers of Barium Sulphate (Barytes); Natural to the UK in 2022:
- United States (undefinedK tons)
- Netherlands (21.5K tons)
- Morocco (8.1K tons)
- Macao SAR (3.1K tons)
- Greece (3.0K tons)
- China (2.3K tons)
- Norway (1.6K tons)
- Turkey (1.1K tons)
Exports of Barium Sulphate (Barytes); Natural in the UK
In 2022, shipments abroad of barium sulphate (barytes); naturals decreased by 0% to 1.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw pronounced growth. The growth pace was the most rapid in 2020 with an increase of 114% against the previous year. As a result, the exports reached the peak of 3.3K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, barium sulphate (barytes); natural exports totaled $766K in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Barium Sulphate (Barytes); Natural in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 125 | 189 | N/A | 121 | -1.1% |
| Netherlands | 96.9 | 138 | N/A | 84.1 | -4.6% |
| Namibia | 55.6 | 87.4 | N/A | 60.7 | 3.0% |
| Cyprus | 51.1 | 75.6 | N/A | 46.5 | -3.1% |
| Austria | 35.6 | 55.9 | N/A | 38.7 | 2.8% |
| Mozambique | 6.8 | 37.3 | N/A | 31.8 | 67.2% |
| Falkland Islands (Malvinas) | 28.9 | 45.5 | N/A | 31.6 | 3.0% |
| Angola | 46.1 | 36.1 | N/A | 18.0 | -26.9% |
| Germany | 41.5 | 46.7 | N/A | 17.7 | -24.7% |
| United States | 16.2 | 24.5 | N/A | 16.5 | 0.6% |
| Malaysia | 17.6 | 23.0 | N/A | 11.2 | -14.0% |
| United Arab Emirates | 26.5 | 32.1 | N/A | 8.4 | -31.8% |
| Norway | 12.1 | 15.7 | N/A | 6.5 | -18.7% |
| Others | 410 | 725 | N/A | 273 | -12.7% |
| Total | 969 | 1,532 | N/A | 766 | -7.5% |
Top Export Markets for Barium Sulphate (Barytes); Natural from the UK in 2022:
- Ghana (481.2 tons)
- Netherlands (233.9 tons)
- Malaysia (66.9 tons)
- Austria (61.8 tons)
- Falkland Islands (Malvinas) (55.1 tons)
- United States (51.0 tons)
- Mozambique (47.9 tons)
- Cyprus (40.6 tons)
- Germany (36.6 tons)
- Angola (33.4 tons)
- Namibia (25.6 tons)
- Norway (25.5 tons)
- United Arab Emirates (24.4 tons)
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