Barium Thio-sulphate Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Barium Thio-sulphate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Barium Thiosulfate Price Trend for the Year 2024
Barium thiosulfate experienced variable pricing throughout 2024, reflecting broader market trends affecting specialty barium compounds. The year began with prices continuing their previous downward trajectory from late 2023, as manufacturers contended with excess inventory and subdued demand from key application sectors.
Barium Thio-sulphate Price Chart
Please Login or Subscribe to Access the Barium Thio-sulphate Price Chart Data
By the second quarter, the market showed signs of stabilization as industrial activities increased seasonally. Supply chain disruptions, particularly shipping delays through the Red Sea and congestion at major ports, created temporary supply constraints that halted the price decline. Chemical manufacturers faced increased production costs from rising raw material prices, which they partially passed on to consumers despite resistance.
The third quarter brought modest price increases driven primarily by logistical challenges rather than demand growth. Weather-related shipping delays and port congestions limited product availability in some regions, creating localized price spikes. Photography and analytical chemistry sectors showed slight improvements in purchasing volumes, while water treatment applications remained consistent.
The final quarter saw renewed downward pressure on prices as supply normalized and demand remained tepid. Winter slowdowns in construction and manufacturing further reduced consumption rates, leaving producers with growing inventories. This oversupply situation forced competitive pricing tactics among suppliers trying to secure limited orders available in the market.
Future Outlook
According to Procurement Resource, Barium thiosulfate prices are expected to stabilize at lower levels in early 2025, with potential for gradual improvement as industrial sectors adjust to changing economic conditions and work through existing inventories.
Barium Thiosulfate Price Trend for the Second Half of 2023
Barium thiosulfate exhibited a declining price pattern during the second half of 2023, largely affected by the same market forces impacting related barium compounds. The downward trajectory was primarily driven by weakening demand from key application sectors, particularly photography, water treatment, and analytical chemistry.
In Asian markets, prices fell steadily as manufacturing activities slowed across the region. Chemical producers struggled with rising inventory levels while facing diminished orders from downstream users. Environmental regulations similar to those affecting barium nitrate and sulfate compounds created additional compliance costs for manufacturers, further pressuring margins.
European markets showed marginally better performance due to more stable demand from specialized industrial applications, though prices still trended downward. Import competition from Asian suppliers seeking to offload excess inventory contributed to price erosion despite higher production costs in Europe.
North American demand remained subdued throughout the period, with only sporadic purchasing activity from the agricultural sector, where barium thiosulfate serves as a component in some formulations. Distributors reported cautious buying patterns as end-users worked through existing inventories before placing new orders.
Analyst Insight
According to Procurement Resource, the Barium Thiosulfate market is projected to gradually stabilize in 2024 as inventory levels normalize, though significant price recovery appears unlikely until industrial demand shows more consistent growth.
Barium Thio-sulphate Price Trend for the First Half of 2023
During the first half of the year 2023, the Barium Thio sulphate market witnessed difficulty in growing. The growth momentum was observed to be facing downwards. Not just the lack of cost support from the feedstock compounds, but bearish downstream demands from consumer sectors were also responsible for falling prices.
The downstream leather and textile industries were facing the wrath of crippled consumer sentiments. Various geopolitical events were responsible for the deficit in manufacturing sectors. Overall, feeble market performance was experienced.
Analyst Insight
According to Procurement Resource, the Barium Thiosulphate prices are anticipated to continue fluctuating in the coming months as well. The downstream volatile demands will also continue to drive the Barium Thio sulphate markets around the world.
Procurement Resource provides latest prices of Barium Thio-sulphate. 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.
Barium thio-sulphate is a chemical compound created through the reaction of barium hydroxide, sodium sulfite, and hydrochloric acid. It is known for its industrial applications, primarily in photography as a fixing agent. In this context, it plays a crucial role in removing unexposed silver halide from photographic emulsions, securing the developed image. Barium thio-sulphate is also used in chemical analyses and laboratory procedures.
Report Features | Details |
Product Name | Barium Thio-sulphate |
Industrial Uses | Photography, Analytical Chemistry and Laboratory Testing |
Chemical Formula | BaO3S2 |
Molecular Weight | 249.46 g/mol |
Supplier Database | Thermo Fisher Scientific, Barium & Chemicals, Chemsavers |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The chemical reaction between barium hydroxide and excess sodium sulfite leads to the formation of barium sulfite as an intermediate. The intermediate chemical compound is further reacted with a solution of hydrogen chloride that leads to the production of barium thio-sulphate as the final product.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.
Phone:+1 307 363 1045
Phone: +91 8850629517
Phone: +44 7537 171117
Email: sales@procurementresource.com