Price for Mica, Including Splittings; Mica Waste in Colombia - 2022

Contents:

  1. Price for Mica, Including Splittings; Mica Waste in Colombia (CIF) - 2022
  2. Price for Mica, Including Splittings; Mica Waste in Colombia (FOB) - 2022
  3. Imports of Mica, Including Splittings; Mica Waste in Colombia
  4. Exports of Mica, Including Splittings; Mica Waste in Colombia

Price for Mica, Including Splittings; Mica Waste in Colombia (CIF) - 2022

In 2022, the average import price for mica, including splittings; mica wastes amounted to $1,603 per ton, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 30%. The import price peaked at $1,901 per ton in 2020; however, from 2021 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 Japan ($11,855 per ton), while the price for Spain ($288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mica, Including Splittings; Mica Waste in Colombia (FOB) - 2022

The average export price for mica, including splittings; mica wastes stood at $5,534 per ton in 2022, picking up by 186% against the previous year. In general, the export price posted a strong expansion. Over the period under review, the average export prices hit record highs at $9,057 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($12,178 per ton), while the average price for exports to Mexico stood at $2,459 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Mica, Including Splittings; Mica Waste in Colombia

Mica, including splittings; mica waste imports into Colombia fell rapidly to 179 tons in 2022, waning by -17.5% compared with the previous year. Over the period under review, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 57%.

In value terms, mica, including splittings; mica waste imports dropped to $287K in 2022. Overall, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.

Import of Mica, Including Splittings; Mica Waste in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States353120158158-23.5%
Japan66.879.746.250.4-9.0%
Malaysia79.632.226.434.1-24.6%
France70.14.712.620.3-33.8%
China12.311.814.013.01.9%
Spain9.310.511.010.33.5%
NorwayN/AN/A12.2N/A0%
Others2.33.231.21.6-11.4%
Total593262312287-21.5%

Top Suppliers of Mica, Including Splittings; Mica Waste to Colombia in 2022:

  1. United States (99.6 tons)
  2. Spain (35.7 tons)
  3. China (23.2 tons)
  4. Malaysia (10.7 tons)
  5. France (5.5 tons)
  6. Japan (4.3 tons)

Exports of Mica, Including Splittings; Mica Waste in Colombia

In 2022, after three years of growth, there was significant decline in overseas shipments of mica, including splittings; mica wastes, when their volume decreased by -69.9% to 3.3 tons. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 232% against the previous year. As a result, the exports attained the peak of 11 tons, and then shrank sharply in the following year.

In value terms, mica, including splittings; mica waste exports shrank to $18K in 2022. Overall, exports showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 38%. As a result, the exports attained the peak of $21K, and then shrank in the following year.

Export of Mica, Including Splittings; Mica Waste in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru15.47.50.212.8-6.0%
Mexico2.03.50.25.640.9%
EcuadorN/A2.510.6N/A324.0%
Costa RicaN/AN/A10.2N/A0%
Brazil3.6N/A0.1N/A-83.3%
OthersN/A1.9N/AN/A0%
Total20.915.421.218.3-4.3%

Top Export Markets for Mica, Including Splittings; Mica Waste from Colombia in 2022:

  1. Mexico (2.3 tons)
  2. Peru (1.0 tons)

Source: IndexBox Market Intelligence Platform

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