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

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $874 per ton, declining by -1.6% against the previous year. In general, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $888 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($908 per ton), while the price for Thailand totaled $194 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Mica, Including Splittings; Mica Waste in Myanmar

In 2022, mica, including splittings; mica waste imports into Myanmar soared to 13 tons, increasing by 577% compared with 2021. Over the period under review, imports, however, faced a significant contraction.

In value terms, mica, including splittings; mica waste imports soared to $12K in 2022. Overall, imports, however, showed a abrupt downturn.

Import of Mica, Including Splittings; Mica Waste in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A0.111.511400.0%
Thailand5.80.10.10.1-74.2%
China0.6N/A0.3N/A-29.3%
India4.80.70.9N/A-56.7%
Singapore0.60.1N/AN/A-83.3%
Taiwan (Chinese)1.60.20.3N/A-56.7%
Others0.70.10.1N/A-62.2%
Total14.11.11.711.7-6.0%

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

  1. Malaysia (12.7 tons)
  2. Thailand (0.6 tons)

Source: IndexBox Market Intelligence Platform

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