Sulphates; of Barium Price in China - 2023
Contents:
- Sulphates; of Barium Price in China (FOB) - 2023
- Sulphates; of Barium Price in China (CIF) - 2023
- Sulphates; of Barium Exports in China
- Sulphates; of Barium Imports in China
Sulphates; of Barium Price in China (FOB) - 2023
The average sulphates; of barium export price stood at $450 per ton in June 2023, standing approximately at the previous month. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in September 2022 an increase of 39% m-o-m. Over the period under review, the average export prices reached the peak figure at $987 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($726 per ton), while the average price for exports to Indonesia ($326 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Barium Price in China (CIF) - 2023
The average sulphates; of barium import price stood at $2,125 per ton in June 2023, jumping by 20% against the previous month. Overall, the import price recorded slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($2,621 per ton), while the price for Spain ($396 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Barium Exports in China
In 2022, shipments abroad of sulphates; of baria decreased by -12% to 106K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 7.8%.
In value terms, sulphates; of barium exports totaled $81M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 27%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Sulphates; of Barium in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.3 | 9.5 | 14.6 | 17.4 | 23.2% |
| Vietnam | 5.9 | 8.7 | 10.6 | 10.3 | 20.4% |
| Japan | 7.4 | 6.4 | 7.5 | 7.3 | -0.5% |
| South Korea | 2.3 | 2.5 | 3.9 | 7.2 | 46.3% |
| United States | 2.5 | 2.5 | 2.8 | 3.6 | 12.9% |
| Thailand | 1.8 | 2.9 | 2.5 | 3.4 | 23.6% |
| Malaysia | 2.4 | 3.7 | 4.2 | 3.2 | 10.1% |
| Italy | 4.2 | 3.8 | 6.2 | 3.0 | -10.6% |
| Russia | 1.8 | 2.0 | 3.4 | 2.9 | 17.2% |
| Brazil | 3.1 | 3.3 | 3.1 | 2.7 | -4.5% |
| Turkey | 2.5 | 2.3 | 1.8 | 2.2 | -4.2% |
| Indonesia | 1.1 | 1.1 | 2.1 | 2.0 | 22.1% |
| Others | 10.7 | 12.7 | 15.1 | 15.4 | 12.9% |
| Total | 55.1 | 61.4 | 78.0 | 80.7 | 13.6% |
Top Export Markets for Sulphates; of Barium from China in 2022:
- India (22.7K tons)
- Vietnam (11.1K tons)
- Japan (10.9K tons)
- Italy (6.6K tons)
- United States (5.8K tons)
- Brazil (5.7K tons)
- Russia (4.7K tons)
- South Korea (4.4K tons)
- Thailand (4.1K tons)
- Malaysia (3.6K tons)
- Turkey (3.2K tons)
- Indonesia (2.8K tons)
Sulphates; of Barium Imports in China
In 2022, the amount of sulphates; of baria imported into China reduced remarkably to 5.8K tons, waning by -24.6% compared with 2021. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 7.7K tons, and then contracted remarkably in the following year.
In value terms, sulphates; of barium imports shrank notably to $11M in 2022. Over the period under review, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of $14M, and then plummeted in the following year.
| Import of Sulphates; of Barium in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.1 | 5.2 | 6.0 | 5.3 | 1.3% |
| Germany | 6.7 | 4.9 | 6.8 | 4.6 | -11.8% |
| Italy | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| Spain | 0.1 | 0.2 | 0.4 | 0.2 | 26.0% |
| Others | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Total | 12.3 | 10.8 | 14.1 | 11.0 | -3.7% |
Top Suppliers of Sulphates; of Barium to China in 2022:
- Germany (2324.3 tons)
- Japan (2248.8 tons)
- Spain (529.8 tons)
- Italy (443.2 tons)
- Netherlands (166.6 tons)
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