Mica; Waste Price in Singapore - 2022

Contents:

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

Mica; Waste Price in Singapore (FOB) - 2022

In 2022, the average mica; waste export price amounted to $284 per ton, falling by -12.4% against the previous year. Overall, the export price showed a sharp decline. The growth pace was the most rapid in 2014 an increase of 81% against the previous year. As a result, the export price attained the peak level of $4,311 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -4.3% per year.

Mica; Waste Price in Singapore (CIF) - 2022

In 2022, the average mica; waste import price amounted to $516 per ton, with an increase of 58% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 479% against the previous year. Over the period under review, average import prices hit record highs at $3,040 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($516 per ton), while the price for Indonesia amounted to $516 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Mica; Waste Exports in Singapore

In 2022, approx. 29 tons of mica; wastes were exported from Singapore; growing by 240% compared with the previous year. Overall, exports, however, continue to indicate a deep contraction.

In value terms, mica; waste exports skyrocketed to $8.3K in 2022. Over the period under review, exports, however, continue to indicate a dramatic curtailment.

Top Export Markets for Mica; Waste from Singapore in 2022:

1. Malaysia (29.2 tons)

Mica; Waste Imports in Singapore

After three years of growth, purchases abroad of mica; wastes decreased by -26.9% to 24 tons in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 309%. As a result, imports attained the peak of 33 tons, and then declined sharply in the following year.

In value terms, mica; waste imports soared to $13K in 2022. In general, imports showed a abrupt curtailment.

Top Suppliers of Mica; Waste to Singapore in 2022:

1. Indonesia (17.9 tons)
2. India (6.5 tons)

Source: IndexBox Market Intelligence Platform