Sulphates; of Barium Price in Portugal - 2023

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

In 2022, the average sulphates; of barium import price amounted to $1,728 per ton, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2017 an increase of 19%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,969 per ton), while the price for Italy ($1,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sulphates; of barium export price amounted to $2,022 per ton, with an increase of 15% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 66% against the previous year. The export price peaked in 2022 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 Spain.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +11.2% per year.

Sulphates; of Barium Imports in Portugal

In 2022, supplies from abroad of sulphates; of baria decreased by -4.9% to 473 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 5.3% against the previous year.

In value terms, sulphates; of barium imports rose rapidly to $818K in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Sulphates; of Barium in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	650	563	646	627	-1.2%
China	14.8	30.4	N/A	73.1	70.3%
Italy	N/A	25.4	27.7	59.8	53.4%
Spain	4.5	52.8	76.8	57.6	133.9%
Others	0.1	0.5	N/A	0.1	0.0%
Total	669	672	751	818	6.9%

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

Germany (318.7 tons)
China (60.0 tons)
Italy (50.0 tons)
Spain (44.7 tons)

Sulphates; of Barium Exports in Portugal

In 2022, after two years of decline, there was significant growth in shipments abroad of sulphates; of baria, when their volume increased by 332% to 600 kg. Over the period under review, exports, however, faced a sharp curtailment.

In value terms, sulphates; of barium exports soared to $1.2K in 2022. Overall, exports, however, continue to indicate a sharp setback.