Sulphates; of Barium Price in Latvia - 2023

Contents:

  1. Sulphates; of Barium Price in Latvia (CIF) - 2022
  2. Sulphates; of Barium Price in Latvia (FOB) - 2022
  3. Sulphates; of Barium Imports in Latvia
  4. Sulphates; of Barium Exports in Latvia

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

The average sulphates; of barium import price stood at $1,988 per ton in 2022, leveling off at the previous year. In general, the import price, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 96% against the previous year. As a result, import price reached the peak level of $3,026 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($1,989 per ton), while the price for Germany stood at $1,964 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.5%).

Sulphates; of Barium Price in Latvia (FOB) - 2022

The average sulphates; of barium export price stood at $2,051 per ton in 2021, stabilizing at the previous year. Overall, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 14% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2016 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +9.0% per year.

Sulphates; of Barium Imports in Latvia

In 2022, after three years of growth, there was significant decline in overseas purchases of sulphates; of baria, when their volume decreased by -14.4% to 2.1 tons. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 140%. As a result, imports reached the peak of 2.4 tons, and then declined in the following year.

In value terms, sulphates; of barium imports reduced notably to $4.1K in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 232% against the previous year. As a result, imports attained the peak of $4.8K, and then fell dramatically in the following year.

Import of Sulphates; of Barium in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania1.31.54.84.045.4%
GermanyN/AN/AN/A0.10%
Poland0.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.61.54.84.136.8%

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

  1. Lithuania (2.0 tons)
  2. Germany (0.1 tons)

Sulphates; of Barium Exports in Latvia

In 2021, the amount of sulphates; of baria exported from Latvia was estimated at 1.5 tons, approximately reflecting 2020. Overall, exports saw a dramatic shrinkage. The smallest decline of 99.9% was in 2020.

In value terms, sulphates; of barium exports amounted to $3.1K in 2021. In general, exports saw a sharp contraction. The smallest decline of 99.9% was in 2020.

Export of Sulphates; of Barium in Latvia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Netherlands0.1N/A3.1456.8%
Lithuania5.2N/AN/A0%
OthersN/AN/AN/A0%
Total5.3N/A3.1-23.5%

Top Export Markets for Sulphates; of Barium from Latvia in 2022:

  1. Netherlands (1.5 tons)

Source: IndexBox Market Intelligence Platform

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