Chile: Mica Market 2022

Mica Market Size in Chile

The Chilean mica market soared to $X in 2021, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mica Exports

Exports from Chile

In 2021, approx. less than X kg of mica were exported from Chile; leveling off at 2020 figures. Overall, exports showed a relatively flat trend pattern. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, mica exports totaled $less than X in 2021. In general, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Bolivia (X kg) was the main destination for mica exports from Chile, accounting for a approx. X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to Bolivia was relatively modest.

From 2012 to 2016, the average annual rate of growth in terms of value to Bolivia was relatively modest.

Export Prices by Country

The average mica export price stood at $X per tonne in 2016, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2016 and is expected to retain growth in the immediate term.

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

From 2012 to 2016, the rate of growth in terms of prices for Bolivia amounted to X% per year.

Mica Imports

Imports into Chile

Mica imports into Chile skyrocketed to X tonnes in 2021, increasing by X% on 2020. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mica imports soared to $X in 2021. Over the period under review, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Peru (X tonnes) was the main mica supplier to Chile, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Peru totaled +X%.

In value terms, Peru ($X) constituted the largest supplier of mica to Chile.

From 2012 to 2021, the average annual growth rate of value from Peru stood at +X%.

Import Prices by Country

The average mica import price stood at $X per tonne in 2021, increasing by X% against the previous year. In general, the import price, however, showed a mild contraction. The import price peaked at $X per tonne in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to -X% per year.

Source: IndexBox Platform