Singapore - Mica - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMica Price in Singapore - 2022
Contents:
- Mica Price in Singapore (CIF) - 2022
- Mica Price in Singapore (FOB) - 2022
- Mica Imports in Singapore
- Mica Exports in Singapore
Mica Price in Singapore (CIF) - 2022
In 2022, the average mica import price amounted to $7,693 per ton, remaining relatively unchanged against the previous year. In general, the import price continues to indicate significant growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 283% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($15,282 per ton), while the price for the UK ($1,984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mica Price in Singapore (FOB) - 2022
In 2022, the average mica export price amounted to $3,989 per ton, picking up by 482% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($3,989 per ton), while the average price for exports to Malaysia stood at $3,989 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (-0.4%), while the prices for the other major destinations experienced a decline.
Mica Imports in Singapore
In 2022, mica imports into Singapore declined rapidly to 1.6 tons, dropping by -52% against 2021 figures. In general, imports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 182%.
In value terms, mica imports declined sharply to $12K in 2022. Overall, imports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 292% against the previous year.
| Import of Mica in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 7.8 | 0% |
| United States | 1.3 | N/A | 21.1 | 3.9 | 44.2% |
| India | 30.5 | N/A | 1.6 | 0.2 | -81.3% |
| China | N/A | 6.1 | 1.9 | N/A | -68.9% |
| Australia | 4.7 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Total | 37.1 | 6.3 | 24.7 | 12.0 | -31.4% |
Top Suppliers of Mica to Singapore in 2022:
- United States (944.0 kg)
- Indonesia (514.0 kg)
- India (102.0 kg)
Mica Exports in Singapore
In 2022, shipments abroad of mica decreased by -86.7% to 54 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by 15,351%. As a result, the exports reached the peak of 93 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, mica exports shrank notably to $217 in 2022. Overall, exports saw a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 3,515%. As a result, the exports attained the peak of $69K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Mica in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.5 | 22.3 | 0.2 | 0.2 | -48.9% |
| Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
| Philippines | N/A | 43.4 | 0.1 | N/A | -99.8% |
| Others | 0.5 | 3.6 | N/A | N/A | 620.0% |
| Total | 1.9 | 69.3 | 0.3 | 0.2 | -52.8% |
Top Export Markets for Mica from Singapore in 2022:
- Malaysia (50.0 kg)
- Brunei Darussalam (4.0 kg)
This report provides an in-depth analysis of the mica market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the mica market in Singapore.
1698
This report provides an in-depth analysis of the global mica market.
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This report provides an in-depth analysis of the mica market in Singapore.
1698
This report provides an in-depth analysis of the global mica market.
1932
In value terms, mica and mica waste imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
986
In value terms, mica and mica waste exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1943
Global exports of mica fluctuated over the period under review. 2009 saw the largest drop of X%, followed by a steep increase in 2010. Exports slightly declined the year after that, switching to a growth trend in 2012 and 2013. After a slight decline
1932
In value terms, mica and mica waste imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
986
In value terms, mica and mica waste exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1943
Global exports of mica fluctuated over the period under review. 2009 saw the largest drop of X%, followed by a steep increase in 2010. Exports slightly declined the year after that, switching to a growth trend in 2012 and 2013. After a slight decline
