Sulphates; of Barium Price in Kuwait - 2021
Contents:
Sulphates; of Barium Price in Kuwait (CIF) - 2022
The average sulphates; of barium import price stood at $774 per ton in 2022, stabilizing at the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of barium import price decreased by -2.4% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 31%. As a result, import price reached the peak level of $793 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,640 per ton), while the price for China amounted to $601 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Barium Imports in Kuwait
In 2022, the amount of sulphates; of baria imported into Kuwait shrank notably to 132 tons, reducing by -21.7% compared with the year before. Overall, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 77%. As a result, imports reached the peak of 168 tons, and then declined remarkably in the following year.
In value terms, sulphates; of barium imports shrank sharply to $102K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of $128K, and then declined notably in the following year.
| Import of Sulphates; of Barium in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 73.5 | 33.6 | 57.5 | 65.8 | -3.6% |
| Belgium | N/A | 41.8 | 29.2 | 18.0 | -34.4% |
| United Arab Emirates | 0.1 | N/A | 7.1 | N/A | 742.6% |
| Others | N/A | N/A | 34.5 | 18.0 | -47.8% |
| Total | 73.6 | 75.4 | 128 | 102 | 11.5% |
Top Suppliers of Sulphates; of Barium to Kuwait in 2022:
- China (109.6 tons)
- Belgium (11.0 tons)
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