Mica; Powder Price in Singapore - 2022
Contents:
- Mica; Powder Price in Singapore (CIF) - 2022
- Mica; Powder Price in Singapore (FOB) - 2022
- Mica; Powder Imports in Singapore
- Mica; Powder Exports in Singapore
Mica; Powder Price in Singapore (CIF) - 2022
In 2022, the average mica; powder import price amounted to $578 per ton, declining by -17.6% against the previous year. Over the period under review, the import price, however, showed a perceptible increase. The growth pace was the most rapid in 2013 an increase of 162% against the previous year. As a result, import price reached the peak level of $1,179 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,419 per ton), while the price for Malaysia ($319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Mica; Powder Price in Singapore (FOB) - 2022
The average mica; powder export price stood at $863 per ton in 2022, reducing by -22.9% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 60%. Over the period under review, the average export prices hit record highs at $2,861 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,799 per ton), while the average price for exports to Malaysia ($568 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 Bangladesh (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.
Mica; Powder Imports in Singapore
In 2022, after two years of decline, there was significant growth in overseas purchases of mica; powders, when their volume increased by 25% to 516 tons. Over the period under review, imports, however, saw a perceptible reduction.
In value terms, mica; powder imports rose modestly to $298K in 2022. In general, imports, however, recorded a deep downturn.
| Import of Mica; Powder in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 74.0 | 73.6 | 41.7 | 78.4 | 1.9% |
| Canada | 15.5 | 31.8 | 30.6 | 52.8 | 50.5% |
| China | 111 | 72.2 | 44.6 | 48.2 | -24.3% |
| United States | 31.8 | 46.2 | 33.2 | 45.7 | 12.8% |
| South Korea | 33.7 | 16.7 | 42.0 | 35.6 | 1.8% |
| India | 65.8 | 28.7 | 36.9 | 14.2 | -40.0% |
| Thailand | N/A | N/A | N/A | 13.0 | 0% |
| Others | 55.8 | 68.1 | 60.5 | 10.1 | -43.4% |
| Total | 387 | 337 | 290 | 298 | -8.3% |
Top Suppliers of Mica; Powder to Singapore in 2022:
- Malaysia (246.0 tons)
- Canada (73.6 tons)
- China (68.4 tons)
- South Korea (44.8 tons)
- India (34.0 tons)
- Thailand (24.0 tons)
- United States (18.9 tons)
Mica; Powder Exports in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of mica; powders, which increased by 79% to 373 tons in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mica; powder exports soared to $322K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 70% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Mica; Powder in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.8 | 1.2 | 9.5 | 105 | 162.6% |
| Malaysia | 49.6 | 39.0 | 53.1 | 87.8 | 21.0% |
| Vietnam | 76.1 | 59.3 | 78.5 | 41.3 | -18.4% |
| Philippines | 4.1 | 20.3 | 11.4 | 36.6 | 107.4% |
| Thailand | 13.5 | 28.9 | 25.5 | 29.3 | 29.5% |
| Bangladesh | N/A | 1.2 | 4.5 | 9.8 | 185.8% |
| Indonesia | 10.9 | 45.7 | 27.2 | 5.8 | -19.0% |
| Germany | N/A | 41.5 | N/A | 0.6 | -88.0% |
| Others | 3.9 | 41.9 | 22.8 | 5.3 | 10.8% |
| Total | 164 | 279 | 232 | 322 | 25.2% |
Top Export Markets for Mica; Powder from Singapore in 2022:
- Malaysia (154.5 tons)
- Japan (115.4 tons)
- Vietnam (35.3 tons)
- Philippines (30.5 tons)
- Thailand (20.0 tons)
- Bangladesh (7.4 tons)
- Indonesia (6.2 tons)
- Germany (0.6 tons)
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This report provides an in-depth analysis of the mica market in Singapore.
1747
This report provides an in-depth analysis of the global mica market.
548
This report provides an in-depth analysis of the mica market in Singapore.
1747
This report provides an in-depth analysis of the global mica market.
1953
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Global exports of mica fluctuated over the period under review. 2009 saw the largest drop of X%, followed by a steep increase in 2010. Exports slightly declined the year after that, switching to a growth trend in 2012 and 2013. After a slight decline
1953
In value terms, mica and mica waste imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1007
In value terms, mica and mica waste exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1964
Global exports of mica fluctuated over the period under review. 2009 saw the largest drop of X%, followed by a steep increase in 2010. Exports slightly declined the year after that, switching to a growth trend in 2012 and 2013. After a slight decline
