Mica; Powder Price in Kuwait - 2022

Contents:

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

Mica; Powder Price in Kuwait (CIF) - 2022

In 2022, the average mica; powder import price amounted to $159 per ton, rising by 3.9% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure at $248 per ton in 2013; however, from 2014 to 2022, 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 the Netherlands ($624 per ton), while the price for the United Arab Emirates ($84 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.7%), while the prices for the other major suppliers experienced a decline.

Mica; Powder Price in Kuwait (FOB) - 2022

In 2021, the average mica; powder export price amounted to $730 per ton, with a decrease of -22.7% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $944 per ton, and then shrank rapidly in the following year.

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

From 2013 to 2021, the rate of growth in terms of prices for Jordan amounted to +45.2% per year.

Mica; Powder Imports in Kuwait

In 2022, the amount of mica; powders imported into Kuwait dropped markedly to 3.5K tons, declining by -21.3% compared with the year before. In general, imports saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. As a result, imports reached the peak of 4.4K tons, and then reduced notably in the following year.

In value terms, mica; powder imports shrank rapidly to $551K in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.

Top Suppliers of Mica; Powder to Kuwait in 2022:

1. India (1935.2 tons)
2. Canada (415.2 tons)
3. United Arab Emirates (407.5 tons)
4. France (191.5 tons)
5. Spain (158.5 tons)
6. Netherlands (128.5 tons)

Mica; Powder Exports in Kuwait

Mica; powder exports from Kuwait surged to 7.2 tons in 2021, jumping by 773% compared with the previous year's figure. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mica; powder exports surged to $5.3K in 2021. In general, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Saudi Arabia (7.2 tons)

Source: IndexBox Market Intelligence Platform