Price for Barium Sulphate (Barytes); Natural in Qatar - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Qatar (CIF) - 2023
- Imports of Barium Sulphate (Barytes); Natural in Qatar
Price for Barium Sulphate (Barytes); Natural in Qatar (CIF) - 2023
In June 2023, the average barium sulphate (barytes); natural import price amounted to $197 per ton, increasing by 24% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 42% month-to-month. The import price peaked at $233 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Kuwait ($227 per ton), while the price for India stood at $159 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Oman (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Qatar
For the fourth consecutive year, Qatar recorded growth in purchases abroad of barium sulphate (barytes); naturals, which increased by 38% to 34K tons in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, barium sulphate (barytes); natural imports surged to $6M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Barium Sulphate (Barytes); Natural in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 2.1 | 2.9 | 4.5 | 44.2% |
| Kuwait | 0.1 | 0.1 | N/A | 1.1 | 122.4% |
| Oman | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.8 | 2.3 | 3.1 | 6.0 | 49.4% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Qatar in 2022:
- India (26.6K tons)
- Kuwait (4.7K tons)
- Oman (2.2K tons)
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