Sulphates; of Barium Price in Azerbaijan - 2023

Contents:

  1. Sulphates; of Barium Price in Azerbaijan (CIF) - 2022
  2. Sulphates; of Barium Imports in Azerbaijan

Sulphates; of Barium Price in Azerbaijan (CIF) - 2022

In 2022, the average sulphates; of barium import price amounted to $1,406 per ton, waning by -3.9% against the previous year. In general, the import price, however, saw significant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 219% against the previous year. The import price peaked at $9,164 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,757 per ton), while the price for China totaled $1,290 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphates; of Barium Imports in Azerbaijan

In 2022, the amount of sulphates; of baria imported into Azerbaijan shrank to 8 tons, reducing by -8.8% on the year before. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,214%. As a result, imports reached the peak of 8.8 tons, and then reduced in the following year.

In value terms, sulphates; of barium imports reduced to $11K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 857% against the previous year. As a result, imports attained the peak of $13K, and then reduced in the following year.

Import of Sulphates; of Barium in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/A9.07.7325.4%
TurkeyN/A0.4N/A3.5195.8%
Russia4.00.93.9N/A-1.3%
Others0.2N/AN/AN/A0%
Total4.31.312.811.338.0%

Top Suppliers of Sulphates; of Barium to Azerbaijan in 2022:

  1. China (6.0 tons)
  2. Turkey (2.0 tons)

Source: IndexBox Market Intelligence Platform

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