Mica; Powder Price in Argentina - 2023

Contents:

  1. Mica; Powder Price in Argentina (CIF) - 2022
  2. Mica; Powder Price in Argentina (FOB) - 2022
  3. Mica; Powder Imports in Argentina
  4. Mica; Powder Exports in Argentina

Mica; Powder Price in Argentina (CIF) - 2022

In 2022, the average mica; powder import price amounted to $3,184 per ton, surging by 51% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 62%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($17,045 per ton), while the price for China ($1,095 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Argentina (FOB) - 2022

The average mica; powder export price stood at $3,034 per ton in 2022, surging by 26% against the previous year. In general, the export price showed resilient growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 168% against the previous year. The export price peaked at $3,593 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($11,597 per ton), while the average price for exports to Bolivia ($200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mica; Powder Imports in Argentina

In 2022, the amount of mica; powders imported into Argentina soared to 41 tons, with an increase of 15% compared with the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, mica; powder imports soared to $130K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mica; Powder in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.89.611.366.289.0%
China1.72.86.222.1135.1%
United States3.85.96.711.745.5%
Spain0.61.32.06.1116.6%
United Kingdom2.72.83.26.030.5%
India4.13.14.0N/A-1.2%
Canada21.418.627.3N/A12.9%
Others15.211.814.118.16.0%
Total59.355.974.813029.9%

Top Suppliers of Mica; Powder to Argentina in 2022:

  1. China (20.2 tons)
  2. Netherlands (13.4 tons)
  3. United Kingdom (3.0 tons)
  4. Spain (1.9 tons)
  5. United States (0.7 tons)

Mica; Powder Exports in Argentina

In 2022, approx. 8.6 tons of mica; powders were exported from Argentina; shrinking by -57.1% on the previous year's figure. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 1,397%. As a result, the exports reached the peak of 20 tons, and then contracted remarkably in the following year.

In value terms, mica; powder exports shrank remarkably to $26K in 2022. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 1,132%. As a result, the exports attained the peak of $49K, and then fell markedly in the following year.

Export of Mica; Powder in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia9.21.520.110.85.5%
South Africa15.92.117.110.1-14.0%
Paraguay7.50.310.04.1-18.2%
Uruguay1.10.10.20.8-10.1%
Chile0.60.10.80.4-12.6%
Others0.1N/A0.4N/A100.0%
Total34.33.948.526.2-8.6%

Top Export Markets for Mica; Powder from Argentina in 2022:

  1. Paraguay (3.9 tons)
  2. Colombia (1.8 tons)
  3. Uruguay (1.4 tons)
  4. South Africa (0.9 tons)
  5. Chile (0.6 tons)

Source: IndexBox Market Intelligence Platform

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