Price for Barium Sulphate (Barytes); Natural in Latvia - 2023
Contents:
- Price for Barium Sulphate (Barytes); Natural in Latvia (CIF) - 2022
- Imports of Barium Sulphate (Barytes); Natural in Latvia
Price for Barium Sulphate (Barytes); Natural in Latvia (CIF) - 2022
In 2022, the average barium sulphate (barytes); natural import price amounted to $1,882 per ton, approximately reflecting the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 1,598% against the previous year. As a result, import price reached the peak level of $8,718 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2,356 per ton), while the price for Spain stood at $384 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+47.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Barium Sulphate (Barytes); Natural in Latvia
In 2022, overseas purchases of barium sulphate (barytes); naturals decreased by 0% to 14 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 148%. As a result, imports reached the peak of 47 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, barium sulphate (barytes); natural imports amounted to $27K in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 128% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Barium Sulphate (Barytes); Natural in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.5 | 19.1 | N/A | 25.3 | 50.0% |
| Spain | 1.2 | N/A | N/A | 1.3 | 2.7% |
| Others | 1.1 | 3.1 | N/A | N/A | 181.8% |
| Total | 9.8 | 22.3 | N/A | 26.6 | 39.5% |
Top Suppliers of Barium Sulphate (Barytes); Natural to Latvia in 2022:
- Turkey (10.7 tons)
- Spain (3.4 tons)
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