Sulphates; of Barium Price in the United States - 2023

Sulphates; of Barium Price in the United States (CIF) - 2022

The average sulphates; of barium import price stood at $1,466 per ton in 2022, increasing by 8.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2016 when the average import price increased by 64%. The import price peaked at $1,724 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($3,950 per ton), while the price for China ($642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Barium Price in the United States (FOB) - 2023

In August 2023, the average sulphates; of barium export price amounted to $484 per ton, rising by 7.5% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 30% m-o-m. The export price peaked at $679 per ton in September 2022; however, from October 2022 to August 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Mexico ($516 per ton), while the average price for exports to Canada totaled $403 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.7%).

Sulphates; of Barium Imports in the United States

In 2022, imports of sulphates; of baria into the United States reached 16K tons, leveling off at the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sulphates; of barium imports expanded rapidly to $24M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year.

Import of Sulphates; of Barium in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	12.8	9.9	10.8	11.8	-2.7%
Italy	4.9	4.2	4.6	5.7	5.2%
China	3.4	2.6	3.9	4.6	10.6%
Japan	2.3	1.2	1.8	1.3	-17.3%
Others	0.4	0.3	0.3	0.2	-20.6%
Total	23.9	18.3	21.4	23.5	-0.6%

Top Suppliers of Sulphates; of Barium to the United States in 2022:

China (7.1K tons)
Germany (4.4K tons)
Italy (3.9K tons)
Japan (0.5K tons)

Sulphates; of Barium Exports in the United States

In 2022, approx. 9.7K tons of sulphates; of baria were exported from the United States; therefore, remained relatively stable against 2021. Over the period under review, exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sulphates; of barium exports dropped to $6.3M in 2022. Overall, exports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 10% against the previous year. As a result, the exports attained the peak of $7.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.