Mica; Powder Price in Portugal - 2023

Contents:

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

Mica; Powder Price in Portugal (CIF) - 2022

In 2022, the average mica; powder import price amounted to $1,755 per ton, picking up by 73% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,445 per ton), while the price for Norway ($735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Price in Portugal (FOB) - 2022

The average mica; powder export price stood at $2,164 per ton in 2022, increasing by 40% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica; powder export price increased by +20.3% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 55% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($2,195 per ton), while the average price for exports to Ghana ($1,439 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 China (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mica; Powder Imports in Portugal

In 2022, purchases abroad of mica; powders decreased by -48.4% to 160 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of 309 tons, and then reduced remarkably in the following year.

In value terms, mica; powder imports reduced to $280K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $314K, and then fell in the following year.

Import of Mica; Powder in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany73.797.273.415427.8%
Netherlands79.583.411093.35.5%
Spain11.63.119.818.817.5%
NorwayN/A2.79.97.162.2%
Denmark7.58.8N/A5.5-9.8%
China6.5N/AN/A0.5-57.5%
IndiaN/AN/A27.00.1-99.6%
United Arab EmiratesN/AN/A14.9N/A0%
ItalyN/A26.255.0N/A109.9%
Others0.27.34.10.858.7%
Total17922931428016.1%

Top Suppliers of Mica; Powder to Portugal in 2022:

  1. Netherlands (93.1 tons)
  2. Germany (28.3 tons)
  3. Spain (20.5 tons)
  4. Norway (9.6 tons)
  5. Denmark (7.0 tons)
  6. China (0.5 tons)
  7. India (0.1 tons)

Mica; Powder Exports in Portugal

In 2022, approx. 179 tons of mica; powders were exported from Portugal; picking up by 947% on the previous year's figure. Over the period under review, exports recorded a significant expansion. 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 $387K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mica; Powder in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/AN/A4.63778095.7%
KenyaN/AN/AN/A4.70%
Ghana7.92.67.34.3-18.4%
SpainN/AN/A2.00.7-65.0%
Morocco5.77.48.5N/A22.1%
AlgeriaN/AN/A4.0N/A0%
Others1.2N/AN/AN/A0%
Total14.710.126.5387197.5%

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

  1. Angola (171.9 tons)
  2. Ghana (3.0 tons)
  3. Kenya (3.0 tons)
  4. Spain (1.0 tons)

Source: IndexBox Market Intelligence Platform

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