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

Contents:

  1. Price for Mica, Including Splittings; Mica Waste in Ecuador (CIF) - 2022
  2. Imports of Mica, Including Splittings; Mica Waste in Ecuador

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $1,523 per ton, with a decrease of -19.4% against the previous year. In general, the import price, however, posted a mild expansion. The growth pace was the most rapid in 2015 when the average import price increased by 81%. Over the period under review, average import prices hit record highs at $2,764 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($5,429 per ton), while the price for Peru ($610 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Mica, Including Splittings; Mica Waste in Ecuador

Mica, including splittings; mica waste imports into Ecuador reduced slightly to 9.8 tons in 2022, declining by -3.1% compared with the previous year's figure. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.5% against the previous year.

In value terms, mica, including splittings; mica waste imports contracted markedly to $15K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 +39.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of $19K, and then shrank markedly in the following year.

Import of Mica, Including Splittings; Mica Waste in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia1.61.47.55.651.8%
Brazil3.92.82.62.4-14.9%
NorwayN/AN/A0.11.51400.0%
United States1.31.81.71.30.0%
Germany1.21.31.41.0-5.9%
Peru1.30.51.10.8-14.9%
China1.61.81.60.2-50.0%
Others1.91.23.02.13.4%
Total12.810.719.114.95.2%

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

  1. China (undefined tons)
  2. Brazil (3.0 tons)
  3. Colombia (2.4 tons)
  4. Peru (1.4 tons)
  5. Norway (1.2 tons)
  6. United States (0.7 tons)
  7. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform

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