Barium Stearate Price Trend and Forecast

Barium Stearate Regional Price Overview

Get the latest insights on price movement and trend analysis of Barium Stearate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Barium Stearate Price Trend for the Year 2024

Barium Stearate markets experienced significant upward price movement throughout 2024, influenced by both raw material costs and manufacturing challenges. The compound, widely used as a heat stabilizer in plastics and as a drying agent in paints, saw increased production expenses as manufacturers struggled with rising costs of primary inputs. The metallic soap faced supply constraints when several key producers temporarily reduced output due to maintenance and operational issues.
 

Barium Stearate Price Chart

Please Login or Subscribe to Access the Barium Stearate Price Chart Data
 

During mid-year, manufacturers attempted to pass increased costs to end-users, particularly in the PVC and coating industries. While initially resisted, these price adjustments gradually took hold as alternative stabilizers proved either equally costly or technically inferior. The price trajectory steepened in the latter half of 2024 when energy costs at production facilities spiked and transportation disruptions affected distribution channels. Despite attempts to reformulate products with lower-cost alternatives, many end-users found Barium Stearate's performance characteristics difficult to replace, sustaining demand even as prices climbed.

By year-end, inventory levels had tightened considerably across major markets, with some specialty grades experiencing occasional stockouts. The combination of manufacturing constraints, logistics challenges, and steady industrial demand created persistent upward pressure on prices throughout the final quarter.

Analyst Insight

According to Procurement Resource, Barium Stearate market will likely remain tight through early 2025, with potential stabilization dependent on new production capacity and improved manufacturing efficiency from key suppliers.
 

Barium Stearate Price Trend for the Second Half of 2023

In the second half of 2023, the Barium Stearate market witnessed fluctuating price trends across different regions. During Q3, prices initially remained stable but gradually declined as demand from key downstream industries like plastics, rubber, and PVC weakened. Manufacturing facilities maintained moderate production rates to balance inventory levels amid sluggish market conditions.

By Q4, the market experienced further downward pressure as global economic uncertainties persisted. Major Asian producers reduced their operating rates in response to diminished export opportunities and domestic consumption. This oversupply situation drove prices lower across the region, despite rising raw material costs.

In Europe, Barium Stearate prices followed a similar downward trajectory throughout H2’23. The ongoing energy crisis and geopolitical tensions in the Middle East negatively impacted production costs, but manufacturers couldn't pass these increases to consumers due to weak demand. The struggling automotive and construction sectors further contributed to the price decline.

North American markets showed slightly more resilience in Q4, with a minor price recovery driven by seasonal demand from paint and coating applications during the holiday period. However, this uptick wasn't sufficient to offset the overall downward trend established earlier in the half-year.

Analyst Insight

According to Procurement Resource, the Barium Stearate market is anticipated to stabilize in early 2024 as downstream industries gradually recover, though persistent economic headwinds may continue to limit substantial price growth.
 

Barium Stearate Price Trend for the First Half of 2023

Barium Stearate market trend are majorly influenced by the price trend of its feedstock chemicals Barium Chloride and Sodium Stearate along with the market demands from the consumer sectors. Barium Sulphate is greatly consumed in the PVC plastic making industry, because of its water insoluble and heat stabilizing properties.

Owing to its limited usage in the past 2-3 years of the COVID-19 pandemic and disrupted trade given the Russia-Ukraine war in Europe, the unused Barium Stearate stocks have overflown the market inventories. This situation forced the suppliers to discount the prices to maintain the product movement in the market. High global inflation and living costs are also attributed to this poor market condition.

Analyst Insight

According to Procurement Resource, the Barium Stearate price trend are likely to continue slumping, since the inventories are stacked, and market demands still remain bearish.

Procurement Resource provides latest prices of Barium Stearate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.