World - Barytes - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGlobal Baryte Market 2024
Baryte Market Size
The global baryte market rose to $X in 2021, picking up by 2.3% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.
Baryte Production
In value terms, baryte production surged to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable increase. The growth pace was the most rapid in 2018 with an increase of 59% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Baryte Exports
Exports
In 2021, after two years of decline, there was significant growth in overseas shipments of barytes, when their volume increased by 34% to X tons. Over the period under review, exports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2017 when exports increased by 35% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, baryte exports soared to $X in 2021. Overall, exports, however, continue to indicate a noticeable shrinkage. Over the period under review, the global exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The shipments of the three major exporters of barytes, namely India, Morocco and China, represented more than two-thirds of total export. It was distantly followed by the Netherlands (X tons), generating a 4.9% share of total exports. Turkey (X tons), Pakistan (X tons) and Bulgaria (X tons) held a relatively small share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of +71.5%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest baryte supplying countries worldwide were China ($X), India ($X) and Morocco ($X), with a combined 57% share of global exports. These countries were followed by the Netherlands, Turkey, Pakistan and Bulgaria, which together accounted for a further 19%.
Bulgaria, with a CAGR of +71.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices by Country
The average baryte export price stood at $X per ton in 2021, shrinking by -5.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 12% against the previous year. The global export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Pakistan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%), while the other global leaders experienced mixed trends in the export price figures.
Baryte Imports
Imports
In 2021, after two years of decline, there was significant growth in supplies from abroad of barytes, when their volume increased by 8.5% to X tons. Overall, imports, however, showed a perceptible descent. The growth pace was the most rapid in 2017 when imports increased by 26%. Over the period under review, global imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, baryte imports stood at $X in 2021. Over the period under review, imports, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2014 when imports increased by 16% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of global imports remained at a lower figure.
Imports by Country
In 2021, the United States (X tons) represented the largest importer of barytes, creating 35% of total imports. Saudi Arabia (X tons) ranks second in terms of the total imports with a 9.9% share, followed by the Netherlands (6.5%). Kuwait (X tons), Argentina (X tons), Norway (X tons), Italy (X tons), Indonesia (X tons), Canada (X tons), Spain (X tons), Malaysia (X tons), Germany (X tons) and the United Arab Emirates (X tons) held a minor share of total imports.
Imports into the United States decreased at an average annual rate of -1.0% from 2012 to 2021. At the same time, Argentina (+36.7%), Spain (+6.8%), Kuwait (+5.7%), Italy (+5.7%), the Netherlands (+5.0%) and Norway (+1.2%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in the world, with a CAGR of +36.7% from 2012-2021. By contrast, Saudi Arabia (-3.2%), the United Arab Emirates (-3.2%), Malaysia (-5.3%), Indonesia (-6.7%), Canada (-8.2%) and Germany (-11.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, Argentina, the Netherlands and Kuwait increased by +5.3, +3.5, +3.2 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported barytes worldwide, comprising 24% of global imports. The second position in the ranking was taken by the Netherlands ($X), with an 8.4% share of global imports. It was followed by Saudi Arabia, with a 6.6% share.
In the United States, baryte imports shrank by an average annual rate of -5.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+7.0% per year) and Saudi Arabia (-6.8% per year).
Import Prices by Country
The average baryte import price stood at $X per ton in 2021, with a decrease of -2.4% against the previous year. Over the period under review, the import price recorded a slight slump. The growth pace was the most rapid in 2020 when the average import price increased by 15% against the previous year. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while Kuwait ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global baryte market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- UNCode 16190-2 - Barytes, whether or not calcined
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
Recommended reports
This report provides an in-depth analysis of the baryte market in Asia.
This report provides an in-depth analysis of the baryte market in the EU.
This report provides an in-depth analysis of the baryte market in the U.S..
This report provides an in-depth analysis of the baryte market in China.