Mica; Powder Price in Bulgaria - 2023

Mica; Powder Price in Bulgaria (CIF) - 2022

In 2022, the average mica; powder import price amounted to $1,671 per ton, rising by 4% against the previous year. Overall, the import price, however, saw a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 566%. As a result, import price attained the peak level of $8,061 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 China ($4,890 per ton), while the price for Austria ($619 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced a decline.

Mica; Powder Price in Bulgaria (FOB) - 2022

The average mica; powder export price stood at $1,183 per ton in 2022, increasing by 8.6% against the previous year. In general, the export price posted buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 15%. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2014 to 2022, the rate of growth in terms of prices for Greece amounted to +8.5% per year.

Mica; Powder Imports in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of mica; powders, which increased by 30% to 110 tons in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 541% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, mica; powder imports surged to $183K in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 706% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Mica; Powder in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	0.6	97.6	127	1354.9%
Austria	5.4	10.0	31.8	49.3	109.0%
Germany	3.9	2.6	5.6	5.4	11.5%
United Kingdom	12.4	N/A	N/A	N/A	0%
Others	1.7	3.6	0.6	1.3	-8.6%
Total	23.4	16.8	135	183	98.5%

Top Suppliers of Mica; Powder to Bulgaria in 2022:

Austria (79.7 tons)
China (26.0 tons)
Germany (3.5 tons)

Mica; Powder Exports in Bulgaria

Mica; powder exports from Bulgaria surged to 1.4 tons in 2022, jumping by 73% on the year before. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.

In value terms, mica; powder exports soared to $1.6K in 2022. In general, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.4% against 2020 indices.