Mica; Powder Price in Azerbaijan - 2023
Contents:
Mica; Powder Price in Azerbaijan (CIF) - 2022
In 2022, the average mica; powder import price amounted to $37,500 per ton, picking up by 6,773% against the previous year. Over the period under review, the import price saw a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.7% per year.
Mica; Powder Imports in Azerbaijan
In 2022, purchases abroad of mica; powders decreased by 99.9% to 2 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 624% against the previous year. As a result, imports reached the peak of 28 tons, and then declined sharply in the following year.
In value terms, mica; powder imports fell markedly to $75 in 2022. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 538%. As a result, imports attained the peak of $16K, and then declined rapidly in the following year.
| Import of Mica; Powder in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Malaysia | N/A | N/A | 6.9 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 2.0 | N/A | 0% |
| Iran | 0.6 | 1.4 | 2.9 | N/A | 119.8% |
| Turkey | 0.1 | 1.0 | 3.8 | N/A | 516.4% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 0.7 | 2.4 | 15.5 | 0.1 | -47.7% |
Top Suppliers of Mica; Powder to Azerbaijan in 2022:
- United States (2.0 kg)
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This report provides an in-depth analysis of the global mica market.
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