Mica; Powder Price in Turkey - 2023
Contents:
- Mica; Powder Price in Turkey (CIF) - 2022
- Mica; Powder Price in Turkey (FOB) - 2022
- Mica; Powder Imports in Turkey
- Mica; Powder Exports in Turkey
Mica; Powder Price in Turkey (CIF) - 2022
In 2022, the average mica; powder import price amounted to $1,457 per ton, jumping by 46% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $1,555 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,570 per ton), while the price for India ($275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Mica; Powder Price in Turkey (FOB) - 2022
The average mica; powder export price stood at $289 per ton in 2022, falling by -3.6% against the previous year. Over the period under review, the export price saw a slight reduction. The pace of growth was the most pronounced in 2015 an increase of 14% against the previous year. The export price peaked at $366 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($853 per ton), while the average price for exports to Bulgaria ($85 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 Italy (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Mica; Powder Imports in Turkey
In 2022, supplies from abroad of mica; powders decreased by -30.5% to 517 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of 745 tons, and then dropped sharply in the following year.
In value terms, mica; powder imports totaled $754K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +54.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Mica; Powder in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 35.1 | 78.1 | 156 | 190 | 75.6% |
United Kingdom | 105 | 80.1 | 102 | 108 | 0.9% |
Spain | 2.3 | 3.4 | 18.4 | 96.9 | 248.0% |
China | 48.5 | 53.7 | 169 | 87.2 | 21.6% |
Malaysia | 89.0 | 53.8 | 9.4 | 80.3 | -3.4% |
Norway | 56.0 | 51.9 | 47.6 | 76.0 | 10.7% |
France | 12.8 | 14.1 | 71.4 | 42.0 | 48.6% |
Austria | 40.0 | 25.5 | 37.0 | 32.6 | -6.6% |
India | 6.8 | 33.2 | 75.0 | 1.2 | -43.9% |
Others | 129 | 94.5 | 59.9 | 40.4 | -32.1% |
Total | 524 | 488 | 745 | 754 | 12.9% |
Top Suppliers of Mica; Powder to Turkey in 2022:
- Spain (155.0 tons)
- Germany (89.5 tons)
- China (61.6 tons)
- Norway (54.4 tons)
- France (42.0 tons)
- United Kingdom (41.9 tons)
- Austria (35.3 tons)
- Malaysia (16.9 tons)
- India (4.3 tons)
Mica; Powder Exports in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of mica; powders, which increased by 11% to 1.1K tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, mica; powder exports expanded notably to $327K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Mica; Powder in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 107 | 165 | 213 | 231 | 29.2% |
Belgium | N/A | 44.1 | 16.1 | 22.5 | -28.6% |
Uzbekistan | 1.2 | 0.5 | 1.7 | 15.3 | 133.6% |
Moldova | 15.4 | N/A | N/A | 13.4 | -4.5% |
Iraq | 2.3 | 18.4 | 1.7 | 7.9 | 50.9% |
Bulgaria | N/A | N/A | N/A | 5.5 | 0% |
Tajikistan | 17.5 | 3.2 | 3.4 | 3.2 | -43.2% |
Egypt | 15.2 | 5.0 | 19.3 | N/A | 12.7% |
Others | 31.7 | 19.1 | 52.1 | 28.3 | -3.7% |
Total | 190 | 255 | 307 | 327 | 19.8% |
Top Export Markets for Mica; Powder from Turkey in 2022:
- United Kingdom (868.0 tons)
- Bulgaria (64.3 tons)
- Uzbekistan (61.0 tons)
- Belgium (26.4 tons)
- Iraq (21.5 tons)
- Moldova (21.0 tons)
- Tajikistan (11.0 tons)
This report provides an in-depth analysis of the mica market in Turkey.
This report provides an in-depth analysis of the global mica market.
This report provides an in-depth analysis of the mica market in Turkey.
This report provides an in-depth analysis of the global mica market.
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