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

Contents:

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

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $723 per ton, surging by 2.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 36%. As a result, import price reached the peak level of $979 per ton. From 2015 to 2022, the average import prices remained 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 India ($1,003 per ton), while the price for Finland ($233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.8%), while the prices for the other major suppliers experienced a decline.

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

In January 2022, the average export price for mica, including splittings; mica wastes amounted to $388 per ton, declining by -7.7% against the previous month. Overall, export price indicated a moderate expansion from January 2021 to January 2022: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, mica, including splittings; mica waste export price increased by +24.4% against November 2021 indices. The pace of growth was the most pronounced in March 2021 when the average export price increased by 45% m-o-m. As a result, the export price attained the peak level of $540 per ton. From April 2021 to January 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Moldova ($446 per ton), while the average price for exports to Ukraine ($290 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mica, Including Splittings; Mica Waste in Russia

In 2022, after three years of growth, there was significant decline in overseas purchases of mica, including splittings; mica wastes, when their volume decreased by -8.1% to 3.5K tons. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.2% 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 +91.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75%.

In value terms, mica, including splittings; mica waste imports contracted to $2.5M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 46% against the previous year.

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

1. India (1758.9 tons)
2. Madagascar (1135.2 tons)
3. Finland (321.6 tons)
4. Spain (198.7 tons)

Exports of Mica, Including Splittings; Mica Waste in Russia

After three years of growth, overseas shipments of mica, including splittings; mica wastes decreased by -35.3% to 2.2K tons in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year. As a result, the exports attained the peak of 3.4K tons, and then reduced markedly in the following year.

In value terms, mica, including splittings; mica waste exports shrank rapidly to $803K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 273% against the previous year. As a result, the exports attained the peak of $1.3M, and then fell notably in the following year.

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

1. China (1658.1 tons)
2. Ukraine (384.9 tons)
3. Moldova (117.3 tons)
4. Kazakhstan (32.1 tons)
5. Belarus (11.7 tons)

Source: IndexBox Market Intelligence Platform