Price for Barium Sulphate (Barytes); Natural in Colombia - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Colombia (CIF) - 2022
- Price for Barium Sulphate (Barytes); Natural in Colombia (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Colombia
- Exports of Barium Sulphate (Barytes); Natural in Colombia
Price for Barium Sulphate (Barytes); Natural in Colombia (CIF) - 2022
The average barium sulphate (barytes); natural import price stood at $140 per ton in 2022, picking up by 2.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 18%. Over the period under review, average import prices hit record highs at $178 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($657 per ton), while the price for Morocco ($88 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Barium Sulphate (Barytes); Natural in Colombia (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $320 per ton in 2022, with an increase of 9.6% against the previous year. In general, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 316% against the previous year. As a result, the export price attained the peak level of $830 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($1,992 per ton), while the average price for exports to Ecuador amounted to $205 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Colombia
Barium sulphate (barytes); natural imports into Colombia shrank remarkably to 18K tons in 2022, dropping by -28% on the previous year's figure. Over the period under review, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 136%.
In value terms, barium sulphate (barytes); natural imports contracted sharply to $2.6M in 2022. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 113%.
Import of Barium Sulphate (Barytes); Natural in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 761 | 0% |
Peru | 3,320 | 354 | 662 | 544 | -45.3% |
Morocco | 444 | 136 | 1,194 | 526 | 5.8% |
India | 1,657 | 576 | 952 | 358 | -40.0% |
Mexico | 905 | 256 | 77.1 | 177 | -42.0% |
Bolivia | 314 | 135 | 291 | 111 | -29.3% |
United States | 211 | 138 | 203 | 56.7 | -35.5% |
Others | 201 | 54.1 | 135 | 46.0 | -38.8% |
Total | 7,052 | 1,648 | 3,513 | 2,581 | -28.5% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Colombia in 2022:
- Morocco (6.0K tons)
- Turkey (4.8K tons)
- India (3.1K tons)
- Peru (2.7K tons)
- Mexico (0.9K tons)
- Bolivia (0.6K tons)
- United States (0.2K tons)
Exports of Barium Sulphate (Barytes); Natural in Colombia
In 2022, shipments abroad of barium sulphate (barytes); naturals decreased by -26.6% to 363 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of 494 tons, and then fell notably in the following year.
In value terms, barium sulphate (barytes); natural exports contracted remarkably to $116K in 2022. In general, exports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, the exports attained the peak of $144K, and then fell notably in the following year.
Export of Barium Sulphate (Barytes); Natural in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 0.9 | 0.4 | 92.4 | 69.5 | 325.8% |
Venezuela | 55.8 | 35.8 | 51.6 | 46.4 | -6.0% |
Belgium | 11.5 | N/A | N/A | N/A | 0% |
Guyana | N/A | 51.5 | N/A | N/A | 0% |
Others | 0.2 | N/A | N/A | N/A | 0% |
Total | 68.4 | 87.7 | 144 | 116 | 19.3% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Colombia in 2022:
- Ecuador (339.3 tons)
- Venezuela (23.3 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...