Mica; Powder Price in Costa Rica - 2022

Contents:

  1. Mica; Powder Price in Costa Rica (CIF) - 2022
  2. Mica; Powder Price in Costa Rica (FOB) - 2022
  3. Mica; Powder Imports in Costa Rica
  4. Mica; Powder Exports in Costa Rica

Mica; Powder Price in Costa Rica (CIF) - 2022

In 2022, the average mica; powder import price amounted to $942 per ton, rising by 8.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure at $945 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9,206 per ton), while the price for Guatemala ($594 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Mica; Powder Price in Costa Rica (FOB) - 2022

The average mica; powder export price stood at $986 per ton in 2022, shrinking by -31.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 120%. The export price peaked at $3,441 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +6.1% per year.

Mica; Powder Imports in Costa Rica

In 2022, overseas purchases of mica; powders decreased by -1.2% to 126 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 350%. As a result, imports attained the peak of 449 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mica; powder imports rose sharply to $119K in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 349%. As a result, imports attained the peak of $382K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Mica; Powder in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8.333.88.264.397.9%
China5.28.63.729.979.2%
United States6.529.88.821.047.8%
GuatemalaN/A0.20.13.0287.3%
Italy65.031087.4N/A16.0%
Others0.10.32.70.344.2%
Total85.138211111911.8%

Top Suppliers of Mica; Powder to Costa Rica in 2022:

  1. Spain (96.1 tons)
  2. United States (21.5 tons)
  3. Guatemala (5.0 tons)
  4. China (3.3 tons)

Mica; Powder Exports in Costa Rica

In 2022, approx. 3.2 tons of mica; powders were exported from Costa Rica; picking up by 147% on the year before. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 295%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, mica; powder exports skyrocketed to $3.2K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 438% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Mica; Powder in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua1.022.04693,1681368.7%
Honduras8.0N/AN/AN/A0%
Australia39.048.0156N/A100.0%
Canada1512661,196N/A181.4%
Others11.014.061.05.0-23.1%
Total2103501,8823,173147.2%

Top Export Markets for Mica; Powder from Costa Rica in 2022:

  1. Nicaragua (3.2 tons)

Source: IndexBox Market Intelligence Platform

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