Price for Barium Sulphate (Barytes); Natural in Japan - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Japan (CIF) - 2023
- Price for Barium Sulphate (Barytes); Natural in Japan (FOB) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Japan
- Exports of Barium Sulphate (Barytes); Natural in Japan
Price for Barium Sulphate (Barytes); Natural in Japan (CIF) - 2023
In July 2023, the average barium sulphate (barytes); natural import price amounted to $317 per ton, approximately mirroring the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 40% month-to-month. Over the period under review, average import prices reached the peak figure at $321 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($687 per ton), while the price for China ($305 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Barium Sulphate (Barytes); Natural in Japan (FOB) - 2022
The average barium sulphate (barytes); natural export price stood at $1,278 per ton in 2022, with an increase of 6.2% against the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 495%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($1,339 per ton) and Malaysia ($1,292 per ton), while the average price for exports to China ($1,060 per ton) and Indonesia ($1,129 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Barium Sulphate (Barytes); Natural in Japan
In 2022, the amount of barium sulphate (barytes); naturals imported into Japan soared to 44K tons, rising by 45% on the previous year. Overall, imports showed a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports surged to $11M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Barium Sulphate (Barytes); Natural in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 5.6 | 8.0 | 11.0 | 4.6% |
| Others | 0.3 | 0.1 | 0.2 | 0.3 | 0.0% |
| Total | 9.9 | 5.7 | 8.2 | 11.3 | 4.5% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Japan in 2022:
- China (42.8K tons)
Exports of Barium Sulphate (Barytes); Natural in Japan
In 2022, approx. 524 tons of barium sulphate (barytes); naturals were exported from Japan; surging by 100% on the previous year's figure. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, barium sulphate (barytes); natural exports surged to $669K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Barium Sulphate (Barytes); Natural in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 70.4 | 188 | 404 | 139.6% |
| Malaysia | 38.2 | 56.2 | 94.1 | 147 | 56.7% |
| China | N/A | N/A | N/A | 63.6 | 0% |
| Indonesia | 120 | 43.6 | 30.0 | 54.2 | -23.3% |
| Others | N/A | 3.7 | 2.6 | N/A | -29.7% |
| Total | 158 | 174 | 315 | 669 | 61.8% |
Top Export Markets for Barium Sulphate (Barytes); Natural from Japan in 2022:
- India (302.0 tons)
- Malaysia (114.0 tons)
- China (60.0 tons)
- Indonesia (48.0 tons)
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