Barium Iodide Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Barium Iodide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Barium Iodide Price Trend for the First Half of 2025
In the first half of 2025, Barium Iodide prices experienced a fluctuating trend globally, influenced by changing demand patterns, trade dynamics, and regional supply shifts. Early in the year, prices rose slightly due to increased procurement by pharmaceutical and radiological sectors, combined with logistical challenges and trade policy changes. Some markets, especially in North America, saw stronger buyer interest amid efforts to reduce dependence on imports. However, this upward movement was short-lived.
Barium Iodide Price Chart
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By Q2, market sentiment turned bearish. Across regions like Europe, Asia, and the Middle East, prices began to decline steadily. High inventory levels, limited new orders, and cautious buying behaviour weighed on the market. Exporters, particularly from Asia, offered more competitive pricing to manage excess stock, while buyers postponed bulk purchases, expecting further reductions. Currency movements and increased freight charges further complicated trade, yet did little to shift overall demand, which remained subdued.
Analyst Insight
According to Procurement Resource, Barium Iodide prices may remain under pressure unless there is a notable revival in end-user demand or a drawdown in global inventories.
Barium Iodide Price Trend for the Year 2024
In 2024, the Barium Iodide market experienced an overall upward trend, shaped by shifting supply dynamics, raw material costs, and regional demand changes across the year. In the first quarter, prices started rising gradually as disruptions in the supply of upstream materials, especially from China, caused delays in production.
Reduced availability and shutdowns in key chemical-producing provinces limited the flow of raw materials needed to make Barium Iodide. Meanwhile, North America and India saw growing demand from construction, manufacturing, and electronics, keeping the price trend firm. European markets, however, faced trade uncertainties and weak industrial demand, softening price increases despite high input costs.
During the second and third quarters, prices continued to rise, though more moderately. Upstream cost pressures remained due to the rising cost of sulfuric acid and energy. In Asia, production remained tight, pushing prices higher. However, in Western markets, cautious buying behaviour and economic concerns prevented any sharp spikes. Seasonal demand, particularly in "Golden September," didn’t bring the usual strong momentum, pointing to changing consumption patterns.
By the final quarter, some stability returned. Although prices stayed relatively high due to earlier supply tightness, increasing inventory levels and easing production constraints began to calm the market slightly. In some regions, especially Europe and North America, price movements were more stable, while in Asia, prices stayed firm due to persistent cost pressures.
Analyst Insight
According to Procurement Resource, Barium Iodide prices may soften slightly as supply improves, but overall, the market could remain firm due to ongoing cost pressures and industrial demand.
Barium Iodide Price Trend for for the Second Half of 2023
In the second half of 2023, the price trend of Barium Iodide showed a mixed pattern influenced by several factors. During the third quarter, prices mostly fluctuated due to weak demand from industries that use barium compounds, such as ceramics and chemicals.
The rising costs of raw materials like barium carbonate and iodine-containing compounds, coupled with higher production expenses linked to increasing crude oil prices, added some upward pressure. However, subdued buying activity and cautious procurement strategies kept prices relatively stable or slightly declining in many regions.
Moving into the final quarter, the market saw a modest recovery in prices. Supply chain interruptions and reduced inventory levels helped push prices upward, especially as demand slowly picked up from downstream sectors like agriculture and specialized chemical manufacturing.
Seasonal factors, such as increased industrial activity ahead of winter and delayed agricultural planting, supported this positive shift. Overall, Barium Iodide’s price trend reflected a balance between supply constraints and cautious demand, resulting in a moderate increase by the year-end.
Analyst Insight
According to Procurement Resource, Barium Iodide prices are expected to remain steady with slight upward momentum, driven mainly by supply conditions and gradual improvements in demand across key industries.
Barium Iodide Price Trend for the First Half of 2023
Barium Iodide market trend closely mimic the market behavior of its feedstocks barium carbonate and hydrogen iodide. The demands from consuming electronics, chemical, photography, pharma, biomedical, etc sectors also determine the fate for Barium Iodide market.
During the first two quarters of 2023, the Barium Iodide market saw some inclination with the improvement in the feedstock markets. After a long disruption because of the ongoing conflict in Europe, the global trade sentiments were finally picking up. Supply chains were being restored and the offshore trade deficits were being reduced. Although the compromised end consumer purchasing powers posed some hurdles, the overall market sentiments were still positive for Barium Iodide.
Analyst Insight
According to Procurement Resource, the Barium Iodide market is expected to continue fluctuating with the market demands in the upcoming months as well.
Procurement Resource provides latest prices of Barium Iodide. 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 iodide (BaI2) is an inorganic chemical compound composed of barium and iodine. It is a white crystalline substance that is commonly used as a scintillation material in radiation detection devices. Barium iodide is valued for its ability to convert incoming radiation into visible light, making it a crucial component in gamma-ray spectrometers and nuclear radiation detectors, as well as in other specialized applications in the field of radiation measurement.
Report Features | Details |
Product Name | Barium Iodide |
Chemical formula | BaI2 |
Industrial Uses | Radiology and Medical Imaging, Nuclear Power Generation, Environmental Radiation Monitoring, Nuclear Medicine, Space Exploration and Astrophysics, Industrial Radiography |
CAS Number | 13718508 |
Molecular weight | 301.14 g/mol |
Synonyms | Barium diiodide |
Supplier Database | Shandong Ench Chemical Co. Ltd, Krada CPS Industry S.L, CG Chem. GmbH & Co. KG, Gihi Chemicals Co., Limited, Xiamen Equation Chemical Co. Ltd |
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 resultant mixture is crystallised at around 593°C to obtain dehydrated Barium Iodide as the final product.
The aqueous solution thus obtained is further subjected to heating to obtain dehydrated barium iodide as the end-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).
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