China's barite supply totals 2,500 to 3 million tons per year, all from domestic production. The annual consumption of domestic barite is about 120-1.3 million tons, of which 70-800,000 tons for oil and gas exploration, accounting for 60% of total consumption; for chemical products 40-500,000 tons, accounting for 30% Other items are more than 10 million tons, accounting for about 10%.
China is the world's largest exporter of barite. In the 1990s, the annual export volume of barite and its products was generally 1.5 to 2 million tons. In 1996, the export volume of barite and barium salt was 2.058 million tons, and the export value was 121 million US dollars, including 1.86 million tons of barite and 198,000 tons of antimony chemical products. The main exporting countries were the United States, the Netherlands, Japan and South Korea. The amount of barite imported from China is very small, and only a small amount of bismuth chemical products are imported.
China's barite demand is basically stable and growth is slow. The production of barite is steady and rising, which can fully guarantee the demand. The export volume is adjusted according to supply and demand. Overall, the supply and demand of barite is basically balanced.
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