Sulphates; of Barium Price in Sri Lanka - 2021
Contents:
Sulphates; of Barium Price in Sri Lanka (CIF) - 2022
The average sulphates; of barium import price stood at $683 per ton in 2022, jumping by 35% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,256 per ton), while the price for China ($581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Barium Imports in Sri Lanka
In 2022, overseas purchases of sulphates; of baria decreased by -34.2% to 127 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a slight increase. The most prominent rate of growth was recorded in 2020 when imports increased by 71%. As a result, imports attained the peak of 212 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sulphates; of barium imports dropped to $87K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of $108K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphates; of Barium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.3 | 88.7 | 82.9 | 66.9 | 9.3% |
| India | 13.9 | 16.7 | 9.5 | 11.3 | -6.7% |
| Thailand | N/A | 0.1 | 1.6 | 2.5 | 400.0% |
| Others | 4.7 | 2.6 | 4.1 | 6.4 | 10.8% |
| Total | 70.0 | 108 | 98.2 | 87.0 | 7.5% |
Top Suppliers of Sulphates; of Barium to Sri Lanka in 2022:
- China (115.0 tons)
- India (9.0 tons)
- Thailand (2.7 tons)
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