Carbonates; Barium Carbonate Price in the United States - 2023
Contents:
- Carbonates; Barium Carbonate Price in the United States (FOB) - 2023
- Carbonates; Barium Carbonate Price in the United States (CIF) - 2023
- Carbonates; Barium Carbonate Exports in the United States
- Carbonates; Barium Carbonate Imports in the United States
Carbonates; Barium Carbonate Price in the United States (FOB) - 2023
In September 2023, the average carbonates; barium carbonate export price amounted to $1,692 per ton, reducing by -28.6% against the previous month. In general, the export price continues to indicate a mild decline. The growth pace was the most rapid in June 2023 when the average export price increased by 61% against the previous month. The export price peaked at $3,130 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($2,787 per ton), while the average price for exports to Canada ($379 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 Mexico (+0.4%), while the prices for the other major destinations experienced a decline.
Carbonates; Barium Carbonate Price in the United States (CIF) - 2023
The average carbonates; barium carbonate import price stood at $1,564 per ton in September 2023, which is down by -46.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 137% against the previous month. Over the period under review, average import prices hit record highs at $3,226 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,628 per ton), while the price for India ($575 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 Germany (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Barium Carbonate Exports in the United States
In 2022, after three years of growth, there was decline in shipments abroad of carbonates; barium carbonates, when their volume decreased by -3.5% to 5.1K tons. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 5.3K tons, and then shrank in the following year.
In value terms, carbonates; barium carbonate exports rose rapidly to $11M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Carbonates; Barium Carbonate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.3 | 5.7 | 8.5 | 8.8 | 18.4% |
| Mexico | 0.8 | 0.8 | 1.1 | 1.1 | 11.2% |
| Canada | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Japan | 0.8 | 0.4 | N/A | N/A | -50.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.5 | 35.7% |
| Total | 7.3 | 7.3 | 10.2 | 10.9 | 14.3% |
Top Export Markets for Carbonates; Barium Carbonate from the United States in 2022:
- South Korea (3.1K tons)
- Canada (1.2K tons)
- Mexico (0.8K tons)
Carbonates; Barium Carbonate Imports in the United States
In 2022, carbonates; barium carbonate imports into the United States skyrocketed to 1.9K tons, with an increase of 22% against the previous year. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; barium carbonate imports skyrocketed to $3.7M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Carbonates; Barium Carbonate in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,898 | 1,120 | 2,048 | 1,935 | 0.6% |
| Germany | 695 | 532 | 581 | 678 | -0.8% |
| India | 364 | 229 | 241 | 565 | 15.8% |
| Russia | 9.8 | 15.2 | 130 | 475 | 264.6% |
| Canada | N/A | N/A | 7.9 | 18.0 | 127.8% |
| Greece | 15.4 | N/A | 10.9 | N/A | -15.9% |
| Others | 34.2 | 3.6 | N/A | 21.3 | -14.6% |
| Total | 3,016 | 1,899 | 3,018 | 3,692 | 7.0% |
Top Suppliers of Carbonates; Barium Carbonate to the United States in 2022:
- India (742.1 tons)
- Italy (641.6 tons)
- Germany (397.3 tons)
- Russia (97.0 tons)
- Canada (43.7 tons)
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