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

Contents:

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

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

The average import price for mica, including splittings; mica wastes stood at $1,840 per ton in 2022, with an increase of 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($4,268 per ton), while the price for Spain ($630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $1,862 per ton, picking up by 36% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica, including splittings; mica waste export price increased by +64.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,126 per ton), while the average price for exports to Mexico ($890 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mica, Including Splittings; Mica Waste in Italy

In 2022, mica, including splittings; mica waste imports into Italy reached 4.8K tons, growing by 6% on 2021. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, mica, including splittings; mica waste imports skyrocketed to $8.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Spain (1457.2 tons)
2. China (897.4 tons)
3. Austria (831.3 tons)
4. France (697.6 tons)
5. Germany (424.4 tons)
6. Netherlands (217.0 tons)

Exports of Mica, Including Splittings; Mica Waste in Italy

After three years of growth, overseas shipments of mica, including splittings; mica wastes decreased by -25.4% to 498 tons in 2022. Overall, total exports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year.

In value terms, mica, including splittings; mica waste exports stood at $927K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Costa Rica (362.3 tons)
2. Mexico (57.7 tons)
3. China (14.2 tons)
4. Turkey (10.0 tons)
5. United States (9.5 tons)
6. Slovenia (9.0 tons)

Source: IndexBox Market Intelligence Platform