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

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

The average import price for mica, including splittings; mica wastes stood at $10,992 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price saw a drastic downturn. The growth pace was the most rapid in 2015 when the average import price increased by 3,099%. As a result, import price attained the peak level of $27,838 per ton. From 2016 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 the UK ($21,411 per ton), while the price for Nigeria ($759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-1.3%).

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $11,500 per ton, approximately equating the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 926% against the previous year. As a result, the export price reached the peak level of $23,397 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +11.1% per year.

Imports of Mica, Including Splittings; Mica Waste in Ireland

In 2022, supplies from abroad of mica, including splittings; mica wastes decreased by 0% to 5 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 97%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, mica, including splittings; mica waste imports totaled $55K in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Mica, Including Splittings; Mica Waste in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	1.6	4.5	N/A	26.2	153.9%
United States	9.9	13.7	N/A	23.3	33.0%
Nigeria	N/A	N/A	N/A	0.3	0%
Japan	N/A	0.3	N/A	N/A	0%
Others	2.5	1.2	N/A	5.5	30.1%
Total	14.0	19.7	N/A	55.3	58.1%

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

United States (3.3 tons)
United Kingdom (1.2 tons)
Nigeria (0.4 tons)

Exports of Mica, Including Splittings; Mica Waste in Ireland

In 2022, after two years of decline, there was decline in shipments abroad of mica, including splittings; mica wastes, when their volume decreased by 0% to 4 kg. In general, exports continue to indicate a precipitous slump. The smallest decline of 99.9% was in 2020.

In value terms, mica, including splittings; mica waste exports amounted to $46 in 2022. Over the period under review, exports showed a dramatic curtailment. The smallest decline of 99.9% was in 2020.