Price for Mica, Including Splittings; Mica Waste in Estonia - 2023

Contents:

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

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $125,712 per ton, falling by -84% against the previous year. In general, the export price, however, saw significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 4.7%. Over the period under review, the average export prices reached the maximum at $784,125 per ton in 2021, and then declined remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +14.1% per year.

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $873 per ton, growing by 4.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Finland ($1,744 per ton), while the price for Lithuania amounted to $818 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+42.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mica, Including Splittings; Mica Waste in Estonia

Mica, including splittings; mica waste exports from Estonia skyrocketed to 524 kg in 2022, picking up by 6,450% against 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica, including splittings; mica waste exports soared to $66K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mica, Including Splittings; Mica Waste in Estonia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Russia0.361.320333.3%
Latvia6.0N/A0%
OthersN/A4.50%
Total6.365.9946.0%

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

  1. Russia (522.0 kg)

Imports of Mica, Including Splittings; Mica Waste in Estonia

In 2022, approx. 66 tons of mica, including splittings; mica wastes were imported into Estonia; rising by 3.6% on the year before. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of 76 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mica, including splittings; mica waste imports rose markedly to $58K in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 20%. As a result, imports reached the peak of $62K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Mica, Including Splittings; Mica Waste in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/A58.950.551.2-6.8%
FinlandN/A2.22.86.571.9%
Austria44.8N/AN/AN/A0%
Others6.60.60.20.3-64.3%
Total51.461.753.558.04.1%

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

  1. Lithuania (62.6 tons)
  2. Finland (3.7 tons)

Source: IndexBox Market Intelligence Platform

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