Mica; Waste Price in Thailand - 2023

Contents:

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

Mica; Waste Price in Thailand (CIF) - 2022

The average mica; waste import price stood at $1,291 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price showed noticeable growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 376%. As a result, import price reached the peak level of $4,643 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 China ($6,098 per ton), while the price for India ($915 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Waste Price in Thailand (FOB) - 2022

In 2022, the average mica; waste export price amounted to $1,149 per ton, surging by 11% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 5,569%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +9.0% per year.

Mica; Waste Imports in Thailand

Mica; waste imports into Thailand shrank significantly to 10 tons in 2022, declining by -50.4% against 2021 figures. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 173,358%. As a result, imports reached the peak of 21 tons, and then fell sharply in the following year.

In value terms, mica; waste imports fell notably to $13K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 66,385%. As a result, imports attained the peak of $27K, and then reduced sharply in the following year.

Import of Mica; Waste in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A18.29.9-45.6%
ChinaN/AN/A8.4N/A0%
Others0.2N/AN/A3.3154.6%
Total0.3N/A26.613.3253.9%

Top Suppliers of Mica; Waste to Thailand in 2022:

  1. China (undefined tons)
  2. Malaysia (10.1 tons)

Mica; Waste Exports in Thailand

Mica; waste exports from Thailand fell rapidly to 5.4 tons in 2022, which is down by -54.9% on the year before. Overall, exports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 600,500% against the previous year.

In value terms, mica; waste exports declined dramatically to $6.2K in 2022. In general, exports continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 1,245,200% against the previous year. As a result, the exports reached the peak of $12K, and then fell sharply in the following year.

Export of Mica; Waste in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar6.8N/A12.56.2-3.0%
OthersN/AN/AN/AN/A0%
Total6.8N/A12.56.2-3.0%

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

  1. Myanmar (5.4 tons)

Source: IndexBox Market Intelligence Platform

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