Sulphates; of Barium Price in South Africa - 2023

Sulphates; of Barium Price in South Africa (CIF) - 2022

The average sulphates; of barium import price stood at $1,014 per ton in 2022, growing by 13% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 78% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,476 per ton), while the price for China ($752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Barium Price in South Africa (FOB) - 2022

In 2022, the average sulphates; of barium export price amounted to $783 per ton, with an increase of 19% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of barium export price increased by +56.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Zambia.

From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +5.0% per year.

Sulphates; of Barium Imports in South Africa

In 2022, the amount of sulphates; of baria imported into South Africa shrank notably to 565 tons, which is down by -18.2% on the year before. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 44%.

In value terms, sulphates; of barium imports dropped to $573K in 2022. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 38%.

Import of Sulphates; of Barium in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	376	273	413	317	-5.5%
Germany	35.2	24.5	108	107	44.9%
Italy	200	83.9	27.2	83.7	-25.2%
United Kingdom	1.2	17.5	40.8	20.5	157.5%
Japan	87.8	34.5	18.2	11.4	-49.4%
Switzerland	42.3	N/A	N/A	N/A	0%
Others	33.3	16.5	13.5	33.4	0.1%
Total	776	450	621	573	-9.6%

Top Suppliers of Sulphates; of Barium to South Africa in 2022:

China (421.8 tons)
Italy (72.0 tons)
Germany (43.2 tons)
United Kingdom (20.0 tons)
Japan (2.7 tons)

Sulphates; of Barium Exports in South Africa

In 2022, overseas shipments of sulphates; of baria decreased by -27.5% to 675 tons, falling for the second consecutive year after two years of growth. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sulphates; of barium exports fell to $528K in 2022. Overall, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports reached the peak of $612K, and then shrank in the following year.