Carbonates; Barium Carbonate Price in Argentina - 2023

Carbonates; Barium Carbonate Price in Argentina (CIF) - 2022

In 2022, the average carbonates; barium carbonate import price amounted to $1,069 per ton, picking up by 29% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,188 per ton) and India ($1,121 per ton), while the price for China ($1,056 per ton) and Spain ($1,108 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Barium Carbonate Price in Argentina (FOB) - 2022

The average carbonates; barium carbonate export price stood at $4,586 per ton in 2022, surging by 1.6% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; barium carbonate export price decreased by -14.5% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 56%. As a result, the export price attained the peak level of $5,362 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +4.3% per year.

Carbonates; Barium Carbonate Imports in Argentina

In 2022, imports of carbonates; barium carbonates into Argentina shrank sharply to 1.2K tons, waning by -29.5% against the previous year's figure. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports reached the peak of 1.7K tons, and then contracted dramatically in the following year.

In value terms, carbonates; barium carbonate imports contracted to $1.3M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 194% against the previous year. As a result, imports attained the peak of $1.4M, and then reduced in the following year.

Import of Carbonates; Barium Carbonate in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	572	394	1,188	1,054	22.6%
India	33.7	29.1	132	166	70.1%
Germany	8.6	14.3	18.7	47.5	76.8%
Brazil	22.2	26.3	37.6	N/A	30.1%
Others	11.4	14.8	31.3	13.5	5.8%
Total	648	479	1,408	1,280	25.5%

Top Suppliers of Carbonates; Barium Carbonate to Argentina in 2022:

China (998.1 tons)
India (148.0 tons)
Germany (40.0 tons)

Carbonates; Barium Carbonate Exports in Argentina

In 2022, after three years of growth, there was significant decline in shipments abroad of carbonates; barium carbonates, when their volume decreased by -8.4% to 3.1 tons. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports attained the peak of 3.4 tons, and then dropped in the following year.

In value terms, carbonates; barium carbonate exports contracted to $14K in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $15K, and then fell in the following year.