Mica; Powder Price in Serbia - 2024

Mica; Powder Price in Serbia (CIF) - 2022

The average mica; powder import price stood at $939 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 76% against the previous year. Over the period under review, average import prices hit record highs at $2,815 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Slovenia ($1,724 per ton), while the price for Austria ($891 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+263.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Mica; Powder Price in Serbia (FOB) - 2022

In 2022, the average mica; powder export price amounted to $1,163 per ton, growing by 3.2% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 285% against the previous year. The export price peaked at $1,194 per ton in 2013; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -1.0% per year.

Mica; Powder Imports in Serbia

In 2022, the amount of mica; powders imported into Serbia skyrocketed to 25 tons, jumping by 16% compared with 2021 figures. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 98%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, mica; powder imports surged to $23K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 90%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Mica; Powder in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	5.4	11.1	14.9	17.3	47.4%
Austria	1.3	1.7	3.3	3.5	39.1%
France	1.4	2.6	1.7	1.7	6.7%
Slovenia	N/A	N/A	N/A	0.7	0%
Others	N/A	0.1	N/A	N/A	0%
Total	8.2	15.5	19.9	23.2	41.4%

Top Suppliers of Mica; Powder to Serbia in 2022:

Norway (19.2 tons)
Austria (3.9 tons)
France (1.2 tons)
Slovenia (0.4 tons)

Mica; Powder Exports in Serbia

In 2022, mica; powder exports from Serbia stood at 17 tons, surging by 6.3% compared with 2021 figures. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 175%. As a result, the exports reached the peak of 26 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, mica; powder exports stood at $20K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 174%. As a result, the exports reached the peak of $28K. From 2021 to 2022, the growth of the exports remained at a lower figure.