Price for Barium Sulphate (Barytes); Natural in Costa Rica - 2022
Contents:
- Price for Barium Sulphate (Barytes); Natural in Costa Rica (CIF) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Costa Rica
Price for Barium Sulphate (Barytes); Natural in Costa Rica (CIF) - 2022
In 2022, the average barium sulphate (barytes); natural import price amounted to $726 per ton, increasing by 16% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +1.1% per year.
Imports of Barium Sulphate (Barytes); Natural in Costa Rica
In 2022, approx. 312 tons of barium sulphate (barytes); naturals were imported into Costa Rica; increasing by 30% on the previous year. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $226K in 2022. Overall, imports continue to indicate a strong 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 Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 133 | 119 | 149 | 226 | 19.3% |
Others | 1.1 | 1.3 | 0.8 | 0.8 | -10.1% |
Total | 134 | 120 | 150 | 226 | 19.0% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Costa Rica in 2022:
- Spain (312.0 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.
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