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

Contents:

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

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

In 2022, the average export price for mica, including splittings; mica wastes amounted to $509 per ton, rising by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.8%. The pace of growth was the most pronounced in 2013 an increase of 45%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($534 per ton), while the average price for exports to the UK ($346 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 Switzerland (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for mica, including splittings; mica wastes amounted to $1,209 per ton, growing by 23% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 United States ($2,362 per ton), while the price for Austria ($780 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mica, Including Splittings; Mica Waste in Spain

In 2022, approx. 8.8K tons of mica, including splittings; mica wastes were exported from Spain; jumping by 18% on the previous year's figure. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, mica, including splittings; mica waste exports soared to $4.5M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Italy (2.1K tons)
2. France (1.4K tons)
3. United Kingdom (1.4K tons)
4. Mexico (1.1K tons)
5. Netherlands (0.7K tons)
6. Switzerland (0.6K tons)
7. Brazil (0.4K tons)

Imports of Mica, Including Splittings; Mica Waste in Spain

In 2022, purchases abroad of mica, including splittings; mica wastes decreased by -18.6% to 802 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 4% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mica, including splittings; mica waste imports amounted to $969K in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.3% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. United Kingdom (212.5 tons)
2. Germany (145.9 tons)
3. China (102.1 tons)
4. France (100.2 tons)
5. Canada (71.8 tons)
6. Austria (71.2 tons)
7. Norway (21.6 tons)
8. United States (19.9 tons)

Source: IndexBox Market Intelligence Platform