Mica; Powder Price in Finland - 2023

Contents:

1. Mica; Powder Price in Finland (FOB) - 2023
2. Mica; Powder Price in Finland (CIF) - 2022
3. Mica; Powder Exports in Finland
4. Mica; Powder Imports in Finland

Mica; Powder Price in Finland (FOB) - 2023

In July 2023, the average mica; powder export price amounted to $632 per ton, declining by -3% against the previous month. In general, export price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, mica; powder export price decreased by -8.6% against May 2023 indices. The growth pace was the most rapid in October 2022 an increase of 35% against the previous month. Over the period under review, the average export prices attained the maximum at $691 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was China ($1,088 per ton), while the average price for exports to Japan ($311 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.1%), while the prices for the other major destinations experienced a decline.

Mica; Powder Price in Finland (CIF) - 2022

The average mica; powder import price stood at $1,784 per ton in 2022, jumping by 22% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mica; powder import price increased by +40.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 99.9% against the previous year. The import price peaked at $2,597 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($44,333 per ton), while the price for Austria ($554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Mica; Powder Exports in Finland

In 2022, exports of mica; powders from Finland reduced sharply to 4.6K tons, declining by -17.3% against 2021. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 44%.

In value terms, mica; powder exports fell significantly to $2M in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year.

Top Export Markets for Mica; Powder from Finland in 2022:

1. Japan (2091.7 tons)
2. United Arab Emirates (864.0 tons)
3. United States (841.1 tons)
4. China (641.0 tons)
5. Russia (42.6 tons)
6. Germany (16.2 tons)
7. Netherlands (6.6 tons)

Mica; Powder Imports in Finland

In 2022, purchases abroad of mica; powders decreased by -8.6% to 153 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 5.9%. As a result, imports reached the peak of 210 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, mica; powder imports expanded sharply to $274K in 2022. Over the period under review, imports continue to indicate a pronounced downturn.

Top Suppliers of Mica; Powder to Finland in 2022:

1. Canada (undefined tons)
2. France (61.3 tons)
3. Austria (42.9 tons)
4. United Kingdom (38.6 tons)
5. Norway (9.6 tons)

Source: IndexBox Market Intelligence Platform