Price for Barium Sulphate (Barytes); Natural in Ireland - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Ireland (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Ireland (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Ireland
- Exports of Barium Sulphate (Barytes); Natural in Ireland
Price for Barium Sulphate (Barytes); Natural in Ireland (CIF) - 2022
In 2022, the average barium sulphate (barytes); natural import price amounted to $785 per ton, almost unchanged from the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 38%. The import price peaked at $1,106 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($875 per ton), while the price for China ($781 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Barium Sulphate (Barytes); Natural in Ireland (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $529 per ton in 2022, standing approx. at the previous year. Overall, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices hit record highs at $723 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -3.2% per year.
Imports of Barium Sulphate (Barytes); Natural in Ireland
For the third year in a row, Ireland recorded decline in purchases abroad of barium sulphate (barytes); naturals, which decreased by 0% to 402 tons in 2022. In general, imports showed a significant expansion. The smallest decline of -87.5% was in 2020. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, barium sulphate (barytes); natural imports totaled $316K in 2022. Overall, imports continue to indicate a significant expansion. The smallest decline of -82.8% was in 2020. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Barium Sulphate (Barytes); Natural in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 292 | 0% |
India | 2.5 | 3.4 | N/A | 12.5 | 71.0% |
United Kingdom | 51.7 | 9.4 | N/A | 10.6 | -41.0% |
Germany | 7.2 | 6.2 | N/A | N/A | -13.9% |
Netherlands | 44.3 | N/A | N/A | N/A | 0% |
Others | 5.2 | N/A | N/A | 0.9 | -44.3% |
Total | 111 | 19.1 | N/A | 316 | 41.7% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Ireland in 2022:
- China (373.7 tons)
- India (14.3 tons)
- United Kingdom (13.1 tons)
Exports of Barium Sulphate (Barytes); Natural in Ireland
In 2022, after two years of decline, there was decline in shipments abroad of barium sulphate (barytes); naturals, when their volume decreased by 0% to 309 tons. In general, exports posted a remarkable increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, barium sulphate (barytes); natural exports totaled $164K in 2022. Overall, exports saw a measured increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Barium Sulphate (Barytes); Natural in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 146 | N/A | N/A | 164 | 4.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 146 | N/A | N/A | 164 | 4.0% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Ireland in 2022:
- United Kingdom (309.0 tons)
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In 2020, the global baryte market fell by 15%, hampered by a severe decline seen in the oil industry, which currently consumes 80% of the total baryte output. India remained the only country to maintain 2019 production figures. While the oil industry is set to operate at minimum production levels in the medium term, alternative chemical, coating, and construction baryte applications may emerge as market drivers.
In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...
In 2016, approx. X tons of baryte were imported worldwide- lowering by -X% against the previous year figure. In general, baryte imports continue to indicate a moderate reduction. The most prom...