Carbonates; Barium Carbonate Price in Vietnam - 2022

Contents:

  1. Carbonates; Barium Carbonate Price in Vietnam (CIF) - 2022
  2. Carbonates; Barium Carbonate Price in Vietnam (FOB) - 2022
  3. Carbonates; Barium Carbonate Imports in Vietnam
  4. Carbonates; Barium Carbonate Exports in Vietnam

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

In 2022, the average carbonates; barium carbonate import price amounted to $454 per ton, with a decrease of -12.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 31%. The import price peaked at $529 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($439 per ton), while the price for China amounted to $430 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.5%).

Carbonates; Barium Carbonate Price in Vietnam (FOB) - 2022

In 2022, the average carbonates; barium carbonate export price amounted to $219 per ton, increasing by 4.9% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 78%. Over the period under review, the average export prices reached the maximum at $4,590 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -11.5% per year.

Carbonates; Barium Carbonate Imports in Vietnam

In 2022, the amount of carbonates; barium carbonates imported into Vietnam expanded notably to 5.5K tons, with an increase of 12% on the previous year's figure. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 6.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, carbonates; barium carbonate imports dropped modestly to $2.5M in 2022. In general, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 4.7% against the previous year.

Import of Carbonates; Barium Carbonate in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.62.32.32.3-4.0%
India0.10.10.10.10.0%
Others0.10.10.10.226.0%
Total2.72.42.62.5-2.5%

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

  1. China (5.3K tons)
  2. India (0.1K tons)

Carbonates; Barium Carbonate Exports in Vietnam

After three years of growth, shipments abroad of carbonates; barium carbonates decreased by -14% to 88 tons in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 133% against the previous year.

In value terms, carbonates; barium carbonate exports dropped to $19K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%.

Export of Carbonates; Barium Carbonate in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.517.215.819.322.5%
MalaysiaN/AN/A5.6N/A0%
Others2.5N/AN/AN/A0%
Total13.017.221.419.314.1%

Top Export Markets for Carbonates; Barium Carbonate from Vietnam in 2022:

  1. India (87.9 tons)

Source: IndexBox Market Intelligence Platform

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