Carbonates; Barium Carbonate Price in China - 2023

Contents:

  1. Carbonates; Barium Carbonate Price in China (FOB) - 2023
  2. Carbonates; Barium Carbonate Price in China (CIF) - 2023
  3. Carbonates; Barium Carbonate Exports in China
  4. Carbonates; Barium Carbonate Imports in China

Carbonates; Barium Carbonate Price in China (FOB) - 2023

The average carbonates; barium carbonate export price stood at $667 per ton in September 2023, with a decrease of -5.1% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 20% m-o-m. As a result, the export price reached the peak level of $891 per ton. From November 2022 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($1,978 per ton), while the average price for exports to Spain ($475 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-0.1%), while the prices for the other major destinations experienced a decline.

Carbonates; Barium Carbonate Price in China (CIF) - 2023

The average carbonates; barium carbonate import price stood at $9,483 per ton in September 2023, surging by 36% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 51% against the previous month. As a result, import price reached the peak level of $16,183 per ton. From March 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($65,950 per ton), while the price for Italy ($5,612 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+8.7%), while the prices for the other major suppliers experienced a decline.

Carbonates; Barium Carbonate Exports in China

In 2022, approx. 95K tons of carbonates; barium carbonates were exported from China; falling by -17.2% against 2021 figures. Overall, exports recorded a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by 28%. As a result, the exports attained the peak of 114K tons, and then shrank remarkably in the following year.

In value terms, carbonates; barium carbonate exports rose to $78M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +58.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Carbonates; Barium Carbonate in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.78.610.420.476.7%
Spain6.43.012.16.82.0%
France5.04.55.45.74.5%
South Korea2.61.42.04.822.7%
Russia3.23.14.14.411.2%
Vietnam2.22.32.43.820.0%
Turkey1.91.72.43.016.4%
Italy2.52.43.23.06.3%
Brazil1.50.92.32.213.6%
Mexico2.01.52.92.23.2%
United Arab Emirates0.30.31.91.881.7%
Poland1.51.22.31.50.0%
Saudi Arabia0.90.71.51.415.9%
Others20.017.421.916.7-5.8%
Total53.749.174.977.813.2%

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

  1. Spain (11.0K tons)
  2. Japan (9.4K tons)
  3. France (8.8K tons)
  4. Russia (7.3K tons)
  5. Vietnam (6.5K tons)
  6. Turkey (5.1K tons)
  7. Italy (5.0K tons)
  8. South Korea (4.4K tons)
  9. Brazil (3.6K tons)
  10. Mexico (3.5K tons)
  11. United Arab Emirates (2.8K tons)
  12. Poland (2.4K tons)
  13. Saudi Arabia (2.3K tons)

Carbonates; Barium Carbonate Imports in China

In 2022, imports of carbonates; barium carbonates into China skyrocketed to 1.8K tons, picking up by 24% on 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 179% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, carbonates; barium carbonate imports surged to $15M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 126%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Carbonates; Barium Carbonate in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.25.17.914.788.3%
Japan0.10.50.40.226.0%
Others0.20.10.30.314.5%
Total2.55.78.615.282.5%

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

  1. Italy (1785.2 tons)
  2. Japan (22.9 tons)

Source: IndexBox Market Intelligence Platform

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