Eastern Europe: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Eastern Europe

The East European barium or aluminium sulphates market declined to $X in 2022, waning by -6.2% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Sulphates Of Barium Or Aluminium in Eastern Europe

In value terms, barium or aluminium sulphates production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 27%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports in Eastern Europe

Barium or aluminium sulphates exports soared to X tons in 2022, picking up by 33% on the previous year. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports surged to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Belarus (X tons), distantly followed by the Czech Republic (X tons), Russia (X tons) and Romania (X tons) represented the main exporters of sulphates of barium or aluminium, together making up 95% of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +8.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), the Czech Republic ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 68% of total exports. Russia and Poland lagged somewhat behind, together comprising a further 21%.

Among the main exporting countries, Poland, with a CAGR of +12.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of 4.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 17% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the other leaders experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports in Eastern Europe

In 2022, the amount of sulphates of barium or aluminium imported in Eastern Europe declined to X tons, shrinking by -10.2% against the year before. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 44%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, barium or aluminium sulphates imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29% 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.

Imports by Country

Ukraine was the major importing country with an import of around X tons, which recorded 47% of total imports. Russia (X tons) ranks second in terms of the total imports with a 25% share, followed by Bulgaria (6.5%), Poland (5.9%) and the Czech Republic (5%). Latvia (X tons) and Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +6.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest barium or aluminium sulphates importing markets in Eastern Europe were Ukraine ($X), Russia ($X) and the Czech Republic ($X), with a combined 76% share of total imports.

Ukraine, with a CAGR of +15.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, jumping by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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