Carbonates; Barium Carbonate Price in Kuwait - 2021

Contents:

  1. Carbonates; Barium Carbonate Price in Kuwait (CIF) - 2022
  2. Carbonates; Barium Carbonate Imports in Kuwait

Carbonates; Barium Carbonate Price in Kuwait (CIF) - 2022

In 2022, the average carbonates; barium carbonate import price amounted to $1,106 per ton, surging by 6.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $1,186 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 India ($10,006 per ton), while the price for the UK ($486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Carbonates; Barium Carbonate Imports in Kuwait

After three years of growth, overseas purchases of carbonates; barium carbonates decreased by -27.4% to 20 tons in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. As a result, imports reached the peak of 28 tons, and then shrank significantly in the following year.

In value terms, carbonates; barium carbonate imports contracted sharply to $22K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 83%. As a result, imports attained the peak of $29K, and then declined markedly in the following year.

Import of Carbonates; Barium Carbonate in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.37.711.110.89.2%
United Kingdom6.75.39.36.80.5%
Saudi Arabia2.42.65.34.624.2%
IranN/AN/A3.0N/A0%
OthersN/AN/AN/AN/A0%
Total17.415.628.622.18.3%

Top Suppliers of Carbonates; Barium Carbonate to Kuwait in 2022:

  1. United Kingdom (13.9 tons)
  2. Saudi Arabia (5.0 tons)
  3. India (1.1 tons)

Source: IndexBox Market Intelligence Platform

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