Sulphates; of Barium Price in Thailand - 2023
Contents:
- Sulphates; of Barium Price in Thailand (CIF) - 2023
- Sulphates; of Barium Price in Thailand (FOB) - 2022
- Sulphates; of Barium Imports in Thailand
- Sulphates; of Barium Exports in Thailand
Sulphates; of Barium Price in Thailand (CIF) - 2023
In July 2023, the average sulphates; of barium import price amounted to $983 per ton, surging by 12% against the previous month. Over the period under review, import price indicated a slight expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, sulphates; of barium import price decreased by -7.9% against May 2023 indices. The pace of growth was the most pronounced in August 2022 an increase of 70% month-to-month. As a result, import price attained the peak level of $1,459 per ton. From September 2022 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($2,541 per ton), while the price for China ($558 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.4%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Barium Price in Thailand (FOB) - 2022
In 2022, the average sulphates; of barium export price amounted to $573 per ton, rising by 17% against the previous year. Overall, the export price recorded a perceptible increase. The growth pace was the most rapid in 2021 an increase of 143%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($2,875 per ton), while the average price for exports to India ($346 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Barium Imports in Thailand
In 2022, approx. 5.6K tons of sulphates; of baria were imported into Thailand; picking up by 8.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, sulphates; of barium imports expanded notably to $6M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sulphates; of Barium in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 2.0 | 2.3 | 3.0 | 23.3% |
| Japan | 2.2 | 2.1 | 2.2 | 2.3 | 1.5% |
| Italy | 0.5 | 0.4 | 0.7 | 0.5 | 0.0% |
| Others | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Total | 4.5 | 4.7 | 5.5 | 6.0 | 10.1% |
Top Suppliers of Sulphates; of Barium to Thailand in 2022:
- China (4.1K tons)
- Japan (1.1K tons)
- Italy (0.3K tons)
Sulphates; of Barium Exports in Thailand
In 2022, exports of sulphates; of baria from Thailand shrank significantly to 155 tons, which is down by -34.2% against 2021. Overall, exports continue to indicate a dramatic slump.
In value terms, sulphates; of barium exports reduced dramatically to $89K in 2022. In general, exports showed a dramatic setback.
| Export of Sulphates; of Barium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 678 | 70.6 | 66.1 | 43.8 | -59.9% |
| Vietnam | 623 | 43.1 | 25.6 | 29.7 | -63.7% |
| Malaysia | 62.2 | N/A | 3.5 | 6.5 | -52.9% |
| Indonesia | 80.1 | 5.1 | 2.0 | 5.1 | -60.1% |
| Myanmar | N/A | 153 | 0.8 | 2.7 | -86.7% |
| Singapore | 169 | 11.3 | 0.2 | N/A | -96.6% |
| Others | 4.3 | 9.2 | 17.2 | 1.1 | -36.5% |
| Total | 1,616 | 292 | 115 | 88.8 | -62.0% |
Top Export Markets for Sulphates; of Barium from Thailand in 2022:
- India (126.6 tons)
- Vietnam (20.9 tons)
- Indonesia (3.0 tons)
- Malaysia (3.0 tons)
- Myanmar (0.9 tons)
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